PM Modi holds talks with visiting Maldivian President Ibrahim Mohamed Solih

New Delhi, Aug 2: Prime Minister Narendra Modi and visiting Maldivian President Ibrahim Mohamed Solih on Tuesday held extensive talks with an aim to ramp up overall bilateral strategic ties including in areas of trade and investment.

Solih, accompanied by a high-level delegation, arrived in Delhi on Monday on a four-day visit.

The Maldives is one of India's key maritime neighbours in the Indian Ocean Region and the overall bilateral ties including in areas of defence and security have been on an upward trajectory in the last few years.

After a meeting with Solih, External Affairs Minister S Jaishankar on Monday evening said India's 'Neighbourhood First' policy and the Maldives' 'India First' policy are "complementary" and they take the special partnership forward.

Besides official engagements in New Delhi, President Solih will also visit Mumbai and participate in business events.

The ties between India and the Maldives have been on an upswing since Solih took charge of the top office in November 2018.

Prime Minister Modi attended the inauguration ceremony of President Solih.

In December 2018, Solih visited India, which was his first overseas tour after becoming the president.

Modi visited the Maldives in June 2019 and it was his first overseas visit in his second term as the prime minister.

Last week, Chief of Maldivian defence forces Maj Gen Abdulla Shamaal visited India.

In March, External Affairs Minister Jaishankar, during a visit to Male, handed over a coastal radar system to the country.

India and Maldives share common perspectives on maritime security issues in the Indian Ocean and have been working together to expand defence cooperation.

Development cooperation has been a key pillar of the India-Maldives relationship with New Delhi providing Lines of Credit of over USD 1.2 billion (one billion=100 crores) for infrastructure and grants for community development projects to the island nation.

In August last year, the island nation sealed a contract for the implementation of an India-funded connectivity project.

Under the Greater Male Connectivity Project (GMCP) project, a 6.74 km long bridge and causeway link will be built to connect the capital city Male with adjoining islands of Villingli, Gulhifalhu and Thilafushi.

Funded under a grant of USD 100 million and a Line of Credit of USD 400 million from India, it will be reportedly the largest infrastructure project in the Maldives.