Thursday, December 25, 2008

Maldivian President Mohammed Nasheed on 3 days visit to India

Maldivian President Mohammed Nasheed, who is on 3 days visit to India and Prime Minister Manmohan Singh signed pacts for cooperation in economy and aviation.

India also extended 100 million US Dollar stand-by Credit Facility to Maldives. Of 100 million credit facility, 50 million dollars would be used for imports from India while the remaining 50 percent will be for budgetary support.