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Saturday, January 4, 2014

India, Maldives sign pact on health cooperation

New Delhi: India and Maldives signed 3 agreements after delegation level talks between Maldives President, Abdula Yameen Abdul Gayoom, and Prime Minister Manmohan Singh here on Thursday. The pacts include an MoU on health cooperation.

India has extended standby credit of $25 m for imports from the country. It has agreed to consider favourably Maldives' proposal for import of diesel, petrol and aviation fuel.

Both sides agreed to address concerns of Indians in Maldives and Maldivians in India regarding consular and visa issues. The countries also agreed to consider a bilateral investment promotion and protection agreement at the earliest

Replying to Prime Minister Singh over amicable settlement of Maldives airport issue and other investor concerns, Gayoom said he was willing to work for a solution that makes both parties happy.

Gayoom said that he came to India with a long shopping list and added "my delegation is not disappointed".

The newly elected President of Maldives, Abdula Yameen Abdul Gayoom, began his first trip abroad with a four-day visit to India on Wednesday.

His visit comes in the backdrop of the island nation wanting to increase sourcing of products from India.

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