India inks pact with Maldives for extending Rs 4,850 crore Line of Credit; FTA talks started: PM Modi
- Posted on July 25, 2025
- By Business News Today
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India inks pact with Maldives for extending Rs 4,850 crore Line of Credit; FTA talks started: PM Modi
Prime Minister Narendra Modi announced India's extension of a Rs 4,850 crore line of credit to the Maldives, alongside initiating discussions for a free trade agreement, marking 60 years of diplomatic relations. Both nations aim to boost collaboration in renewable energy, with India sharing its expertise.
