India’s game-changing move: $500 million for Mauritius

In a game-changing move that provides fresh ballast to New Delhi’s Indian Ocean maritime diplomacy, India has unveiled $500 million as concessional Line of Credit to Mauritius for a host of infrastructure projects as the two countries signed five agreements, including a key pact on ocean economy.

India’s Prime Minister Narendra Modi met his Mauritian counterpart Anerood Jugnauth on March 11 during the second leg of his three-nation visit.

“I consider our security cooperation to be a cornerstone of our strategic partnership. We intend to quickly build the petroleum storage and bunkering facility in Mauritius,” Mr Modi said after the talks.

Mauritius looms large in New Delhi’s enhanced Indian Ocean diplomacy matrix. Mauritius’ then Prime Minister Navinchandra Ramgoolam was the only non-SAARC leader to be invited for the swearing-in ceremony of Prime Minister Modi in May 2014.

Mr Modi has bene honoured by being invited as the chief Guest at the National Day celebrations of Mauritius on March 12, a historic day that also marks the launch of the salt satyagraha by Mahatma Gandhi 85 years ago. In the morning, he has extended his wishes to the citizens of Mauritius.

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