India-backed Maldives infrastructure project to surpass scope of Chinese-funded bridge

Delhi also announced the launch of cargo ferry services and air travel bubble between the two nations. Given the financial challenges faced by Maldives due to the Covid-19 situation and India’s commitment to assist Maldives in its economic recovery, Delhi also extended in-principle urgent financial assistance to Male by way of a soft loan arrangement.

from News-Economic Times https://ift.tt/31Pofa7

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