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

Prime Minister Modi strengthens India-Maldives ties, discussing infrastructure, technology, and climate change with Maldivian leaders.

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 Narendra Modi leads as the most popular democratic leader globally with a 75% approval rating, according to Morning Consult. South Korean President Lee Jae Myung and Argentina’s Javier Milei follow,

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 promised that India would continue to support the Maldives and its people, based on what is needed and important for both nations, as well as for a peaceful and successful region around the Indian Ocean.

Prime Minister Modi's recent visit to the Maldives signifies a major upswing in bilateral relations. A substantial Rs 4,850 crore credit line was announced, alongside ongoing negotiations for a Free Trade Agreement (FTA) and a Bilateral Investment Treaty.

The Prime Minister's message came minutes after President Murmu had accepted Dhankhar's resignation, which he submitted earlier yesterday evening, citing health reasons.