Indian Prime Minister Narendra Modi has announced a $565-million line of credit to the Maldives during his visit to the Indian Ocean archipelago.

India looks forward to deepening its partnership with the Maldives, Prime Minister Narendra Modi said on Saturday, as he met several Maldivian leaders, including Vice President Uz Hussain Mohamed Latheef.

India has decided to extend a $565 million line of credit to the Maldives, Prime Minister Narendra Modi said on Friday after bilateral meetings between the two countries.

Prime Minister Modi's state visit to the Maldives strengthened bilateral ties through key agreements and discussions. A major highlight was the extension of a Rs 4,850 crore line of credit and restructuring of existing debt,

PM Modi achieved a historic milestone on July 25, becoming India's second longest consecutively serving PM, surpassing Indira Gandhi's record of 4,077 days in office.

Prime Minister Narendra Modi and Maldives President Mohamed Muizzu released commemorative stamps on the occasion of the 60th anniversary of the establishment of India-Maldives diplomatic relations. Reflecting the age-old bilateral ties between the two countries,

Maldivian President Mohamed Muizzu, during a state banquet honouring Prime Minister Narendra Modi, emphasized the enduring and unbreakable bond between the Maldives and India, rooted in centuries of shared history and trade.