India approves highest-ever export quotas for essential commodities to Maldives amid tensions

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Last yr too, India continued to export rice, sugar and onions to the Maldives regardless of a worldwide ban on the export of these things from India.

Amid the India-Maldives row, India has allowed for the export of sure portions of essential commodities for 2024-25 underneath a singular bilateral mechanism, on the request of the Maldives authorities. The High Commission of India within the Maldives posted on Thursday on X, stating that the quotas for every of these things have been revised upwards.

“Upon the request of the Government of Maldives, the Government of India has allowed for export of certain quantities of essential commodities for the year 2024-25 under a unique bilateral mechanism, wherein, the quotas for each of these items have been revised upwards,” the submit acknowledged. The quota for river sand and stone aggregates, essential objects for the booming development trade within the Maldives, has been elevated by 25 per cent to 1,000,000 metric tonnes.

There has additionally been a rise of 5 per cent within the quotas for eggs, potatoes, onions, sugar, rice, wheat flour and dal (pulses). Moreover, final yr as nicely, India continued to export rice, sugar and onions to the Maldives regardless of a worldwide ban on the export of these things from India.

“India remains strongly committed to supporting human-centric development in the Maldives, as part of its ‘Neighbourhood First’ policy,” the assertion by the Indian High Commission in Maldives acknowledged. Notably, ties between India and the Maldives have been strained since Muizzu assumed workplace, as he criticised New Delhi throughout and after the presidential polls.

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Earlier in March, Maldives President Mohamed Muizzu requested New Delhi for debt aid measures, whereas stating that India will proceed to stay Maldives’ “closest ally,” native media reported. He additional claimed that he has “not taken any action nor made any statements” that will pressure the connection between the 2 international locations.

In an interview with native media ‘Mihaaru’, President Muizzu mentioned that he hopes India will accommodate debt aid measures for the Maldives’ within the reimbursement of the hefty loans taken from the nation over consecutive governments, Adhadhu reported.

“The conditions we have inherited are such that there are very large loans taken from India. Hence, we are holding discussions to explore leniencies in the repayment structure of these loans. Instead of halting any ongoing projects, proceed with them at speed. So I see no reason for any adverse effects [on Maldives-India relations],” he mentioned.

(Except for the headline, this story has not been edited by DNA workers and is printed from ANI)


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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