1. India announces $500 million assistance to Mauritius, signs four agreements

India announces $500 million assistance to Mauritius, signs four agreements

India announced $500 million line of credit for Mauritius today as both the countries discussed the need to improve bilateral ties in several areas including maritime domain.

By: | New Delhi | Published: May 27, 2017 3:45 PM
India, Mauritius,PM Narendra Modi, Pravind Jugnauth , trade, defence, maritime, EEZ PM Narendra Modi with Mauritius Prime Minister Pravind Jugnauth in New Delhi on Saturday. (ANI)

India announced $500 million line of credit for Mauritius today as both the countries discussed the need to improve bilateral ties in several areas including maritime domain, a PTI report said. Both sides signed a pact on maritime security after bilateral talks between Prime Minister Narendra Modi and his Mauritius counterpart Pravind Jugnauth.

In a joint statement after the meeting, Prime Minister Narendra Modi said both he and his Mauritius counterpart have agreed that productive management of conventional and non-conventional threats in the Indian Ocean is vital for economic opportunities.

“PM Jugnauth and I agree that it is our responsibility to ensure collective maritime security around our coasts and in our EEZs”, Narendra Modi was quoted as saying by ANI.

India and Mauritius signed as many as four agreements after talks between both prime ministers. “The agreement today on the $500 million line of credit to Mauritius is a good example of our strong and continuing commitment to the development of Mauritius,” he was quoted as saying by ANI.

Pointing out on the special relationship that is shared between the people of both countries, Prime Minister said that people of both countries are proud of shared roots.

“Our bonds extend to people and societies who take pride in our shared roots,” he was quoted as saying by the news agency.

Thanking Pravind Jugnauth for selecting India for his first visit since taking over as prime minister of Mauritius, the prime minister said, “We are honoured that you have chosen India for your first visit abroad since taking on new responsibility as prime minister”

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On his part, Mauritius prime minister Pravind Jugnauth said that both countries have developed a strong bilateral cooperation. He also added that both Mauritius and India have agreed that there is no compromise can be made on sovereignty and territorial integrity. “Both Mauritius and India agree that there can be no compromise when it comes to sovereignty and territorial integrity”, he was quoted as saying by ANI.

Earlier in the day, Pravind Jugnauth was received by Prime Minister Narendra Modi at the Rashtrapati Bhawan. The visiting prime minister also visited Rajghat to pay homage to Father of the Nation Mahatma Gandhi, a PTI report said.

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