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India extends $100 mn line of credit for defence equipment to Mauritius

by On The Dot
February 22, 2021
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India extends $100 mn line of credit for defence equipment to Mauritius

New Delhi: India on Monday offered a USD 100 million line of credit to Mauritius to facilitate procurement of defence assets and the two countries signed a Comprehensive Economic Cooperation Partnership Agreement following talks between External Affairs Minister S Jaishankar and Mauritius Prime Minister Pravind Jugnauth here. The two sides also exchanged letters on provision of Dornier aircraft and Dhruv helicopter by India to step up Mauritius’ maritime monitoring capabilities.

“SAGAR policy reaffirmed. Pleased to witness, along with PM @JugnauthKumar, the exchange of USD 100 million Defence Line of Credit. Will facilitate procurement of defence assets, guided by the needs of Mauritius,” Jaishankar tweeted.

“A special day for our special relationship. Privileged to witness along with PM @JugnauthKumar the signing of Comprehensive Economic Cooperation Partnership Agreement. India’s first such agreement with an African country,” Jaishankar said in another tweet.

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“Will help focus on post-pandemic economic recovery. Enable business expansion and greater investments,” he added.

“A reliable partner, a responsive friend. Welcome the exchange of cooperation instruments on construction of Renal Transplant Unit, Solar Power Plant and on Consumer Protection & Legal Metrology,” he tweeted.

Jaishankar, who arrived here in India’s strategically key maritime neighbour in the Indian Ocean region on Sunday night from the Maldives on the last leg of his two-nation tour, also handed him over 100,000 additional doses of commercially procured ‘Made in India’ COVID-19 vaccines. During his visit, Jaishankar will review all aspects of bilateral relations between the countries.

Tags: IndiaJaishankarJugnauth KumarMauritius
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