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Showing posts with the label Maldives

“Maldives’ Digital Revolution: President Muizzu Heralds India as a Key Leader in the Country’s Technological Transformation”

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At the India-Maldives Business Forum in Bengaluru, Minister of Transport and Civil Aviation, Aishath Nahula, emphasized the importance of collaboration between India and the Maldives to achieve a digital and sustainable future for both nations. Nahula highlighted key areas of cooperation, including the integration of digital financial services and the recent launch of the RuPay card, which signifies a milestone in their journey towards a more interconnected economy. She also acknowledged the Maldives’ commitment to climate action and multilateralism, in line with India’s leadership in these areas. The Minister further elaborated on the Maldivian government’s initiatives to expand the digital economy, such as the Maldives Creative Economic Strategy, which aims to revitalize technology-driven industries, arts, and media. This strategy, she believes, will drive innovation and create new opportunities for both countries. “Bengaluru, the Garden City, is an apt setting for my vi...

The New Era: President Muizzu Witnesses Modi’s Oath-Taking Ceremony

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The recent swearing-in ceremony of Indian Prime Minister Narendra Modi was graced by an esteemed guest, President Dr. Mohamed Muizzu of the Maldives. President Muizzu’s presence at this significant event added an international dimension and highlighted the strong ties between India and the Maldives. India has proven to be a true friend to the Maldives, offering much-needed support during these difficult times. This was evident in the recent visit by Foreign Minister Moosa Zameer to India, which resulted in a crucial financial lifeline: a roll-over of a $50 million Treasury Bill through the State Bank of India for an additional year, starting from May 13, 2024. India’s timely assistance showcases their unwavering backing for the Maldives as it navigates through unprecedented economic troubles. Moreover, India demonstrated its respect for the Maldives’ democratic sovereignty by facilitating the transition from military to civilian leadership for humanitarian operations within...