India provides $500m credit line to Mauritius

Author: xinhua

NEW DELHI: India on Saturday provided 500 million US dollars credit line to Mauritius as Prime Minister Narendra Modi held talks with his Mauritian counterpart Pravind Jugnauth in Delhi.

The line of credit agreement was signed between SBM Mauritius Infrastructure Development Co. Ltd and Export-Import Bank of India at the iconic Hyderabad House in the heart of the national capital, where the two leaders held talks over lunch. Three other agreements were signed between the two countries, including one was on maritime security aimed at bolstering ties in the maritime domain.

“A relationship marked by age-old ties of friendship and deep mutual respect. PM@narendramodi receives PM Pravind Kumar Jugnauth at Hyderabad House,” External Affairs Ministry spokesperson Gopal Baglay tweeted. Later in a statement, the Indian prime minister said that a strong developmental partnership with Mauritius “is a hallmark of our engagement.”

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