India approves export of essential goods to help Maldives

New Delhi: India on Friday allowed limited exports of essential commodities including sugar, wheat, rice, onions and eggs to the Maldives in a goodwill gesture amid sour relations with the neighboring country, which has suddenly turned hostile towards China under its new government. Showed a clear inclination. India had banned the export of these food products to control domestic inflation. However, it has kept a window open for limited export of these items to help Allied countries in dire need.

India’s hydropower potential is set to increase by 50% by 2031-32 The Directorate General of Foreign Trade (DGFT) notification provides for export of 124,218 MT of rice, 109,162 MT of wheat flour, 64,494 MT of sugar, 21,513 MT of wheat. Tonnes of potatoes, 35,749 tonnes of onions and 427.5 million eggs were sent to Maldives. Apart from this, India has also allowed export of 1 million tonnes each of stone and river sand used as construction material

Mphasis partners with AWS to launch General AI Foundry for financial services The export of these items to Maldives will be exempted from any existing or future restrictions or prohibitions during 2024-25, the notification said. Maldives, which has had close diplomatic ties with India for years, has been trying to distance itself from India and move closer to China since President Mohammed Muizzu came to power in October. However, the Muizzu government has also recently tried to seek concessions from India on debt repayment, highlighting the Indian Ocean archipelago’s dependence on its larger neighbour.