On Monday, former Maldivian foreign minister Dunya Maumoon expressed optimism about the relationship between New Delhi and Male, anticipating that ties would soon get “back on track” after a significant diplomatic dispute earlier this year.
Maumoon’s comments came following Maldives President Mohamed Muizzu’s gratitude towards India for assisting in easing the island nation’s debt repayment. President Muizzu also expressed hope for stronger ties with India and the potential signing of a free trade agreement.
Reflecting on the country’s recent Independence Day, Maumoon noted the financial challenges and heavy reliance on external support faced by the Maldives. She welcomed the renewed relationship with India but expressed concerns over past government wastefulness and the lack of tangible benefits for Maldivians. She hopes President Muizzu’s government will rectify these issues, ensuring the Maldives’ independence and self-reliance.
During the official Independence Day function, President Muizzu praised the foreign policy achievements of his administration, highlighting the support from India and China in easing debt repayment. He mentioned ongoing negotiations for currency swap agreements with both New Delhi and Beijing to address local US dollar shortages. Furthermore, Muizzu announced efforts to negotiate a Free Trade Agreement (FTA) with the United Kingdom and expressed aspirations for a similar agreement with India.
Maumoon supported the current government’s efforts to negotiate an FTA for the benefit of Maldivians. She emphasized the importance of consistency and continuity in international relations, stressing that such relationships should not be manipulated by any government in power.
Maumoon also highlighted the economic challenges in the Maldives, particularly the concentration of wealth in the hands of a few, primarily within the tourism sector. She pointed out the high unemployment rate among the youth and the lack of opportunities for recreation and new business ventures. She hopes for positive changes during President Muizzu’s term to address these issues.
Tensions between India and the Maldives have been rising since Muizzu took office last year, leading to a shift in alliances towards China. In May, India withdrew its military presence from the Maldives following a demand by President Muizzu. However, recent efforts by Muizzu’s government have aimed at mending the strained relations, including high-level visits and diplomatic engagements.
Earlier this year, a diplomatic row erupted when three Maldivian deputy ministers made derogatory comments about Prime Minister Narendra Modi. This incident led to India summoning the Maldivian envoy and suspending the ministers involved. Efforts to restore the relationship since then include several high-level visits and President Muizzu’s participation in Indian Prime Minister’s swearing-in ceremony.
President Muizzu has also sought debt relief measures for the Maldives, stating that India remains the country’s “closest ally.” As of the end of last year, the Maldives owed India 6.2 billion Maldivian Rufiyaa, according to The Edition.
