Following External Affairs Minister S. Jaishankar’s recent visit to Male, Maldives President Mohamed Muizzu affirmed his commitment to his government’s foreign policy priorities, emphasizing that the Maldives will not entertain any actions contrary to its established policies. Muizzu’s remarks came in response to questions about the ‘India Out’ campaign by the ruling PNC-PPM coalition. Jaishankar’s visit, marked by the launch of several development projects and an apparent warm reception from Muizzu and his administration, underscores a deeper narrative of Maldives’ economic distress and its strategic alignment with India amidst broader regional and financial challenges.
During Jaishankar’s two-day visit to the Maldives, the atmosphere was notably cordial, signaling a diplomatic warmth that contrasted with previous tensions under President Mohamed Muizzu’s early tenure. Muizzu addressed concerns about the ‘India Out’ campaign, stating that his government remains steadfast in its foreign policy, prioritizing the Maldives’ national interests over political campaigns. This reassurance comes as the Maldives grapples with a severe economic crisis, exacerbated by a significant budgetary gap and impending debt obligations, including a $1 billion repayment due in 2026. Despite attempts to secure financial support from other international partners, including China and Turkey, it is India that has stepped up, rolling over payments and investing in key projects like the 28 island development and Greater Male connectivity. Muizzu’s decision to strengthen bilateral ties with India reflects a pragmatic shift based on his assessment of the past year and the Maldives’ current needs. The country’s reliance on Indian support for development, security, and financial stability is evident, as India has provided crucial assistance without the stringent conditions often imposed by other international lenders. The Maldives’ ongoing financial challenges, coupled with security concerns from piracy and arms smuggling, have highlighted the necessity of Indian support, which has proven reliable and supportive without leveraging political concessions.
President Muizzu’s public statements and Jaishankar’s visit highlight the evolving dynamics of regional diplomacy, with India positioning itself as a key ally for countries facing economic and security challenges. The Maldives, amid its financial and political turbulence, has recognized the value of Indian support, as evidenced by Muizzu’s commitment to maintaining strong relations despite internal and external pressures. This scenario also offers a cautionary message to neighboring Bangladesh, which faces its own economic and political crises. As Dhaka navigates its difficulties, it may find itself in a similar situation as the Maldives, where India’s support emerges as a critical and stabilizing factor. The positive reception of Jaishankar and the reaffirmation of diplomatic ties underline a broader trend of India asserting its role as a significant and dependable partner in South Asia.
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