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Maldives President Muizzu seeks debt relief from India after insisting on withdrawal of military personnel

The Maldives owed approximately USD 400.9 million to India by the end of last year.

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PTI

Male, March 22

After his anti-India rhetoric, Maldives President Mohamed Muizzu has struck a reconciliatory tone, saying India will continue to remain his country’s “closest ally” and urged New Delhi to provide debt relief to the archipelago nation.

The Maldives owed approximately USD 400.9 million to India by the end of last year. Ever since he took oath as the president in November last year, the pro-China Maldivian leader has pursued a hardline stand towards India and within hours had demanded that Indian military personnel operating three aviation platforms be repatriated from his country by May 10.

On Thursday, in his first interview with the local media since assuming office, Muizzu said India was instrumental in providing aid to the Maldives and has implemented the “greatest number” of projects.

India will continue to remain the Maldives’ closest ally, he said and emphasised that there was no question about it, Maldives news portal said in a report that carried excerpts of Muizzu’s interview to its Dhivehi language sister-publication.

Muizzu’s comments praising India came after the first batch of Indian military personnel left the island nation this month as planned. By May 10, Muizzu had demanded that all 88 military personnel, manning the three Indian aviation platforms, should leave the country.

India has been providing humanitarian and medical evacuation services to the people of the Maldives for the last few years using two helicopters and a Dornier aircraft.

During the interview, Muizzu urged India to accommodate debt relief measures for the Maldives in the repayment of “the hefty loans taken over consecutive governments.”

“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 ... to proceed with them at speed, so I see no reason for any adverse effects (on Maldives-India relations),” Muizzu added.

Muizzu’s conciliatory comments towards India came ahead of Parliament elections in Maldives slated in mid-April.

He said Maldives has taken significant loans from India, which are heftier than can be borne by the Maldivian economy. “Due to this, he is currently discussing with the Indian government to explore options to repay the loans to the best of the Maldives’ economic capabilities,” the news portal said quoting him.

“I also conveyed to Prime Minister Modi during our meeting that I did not intend to halt any ongoing projects. Instead, I expressed my desire to strengthen and expedite them” he said, referring to his discussion with Prime Minister Narendra Modi in Dubai on the sidelines of COP28 Summit in Dubai in December last year.

He defended his agreement with India to deploy civilians instead of military personnel to run helicopters and the Dornier aircraft saying that the erstwhile Abdulla Yameen administration which demanded the Indian troops to be sent out has not succeeded as Indian personnel remained in the Maldives. 

#Maldives

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