India, Maldives Firm Up Trade on Local Currencies
The New Indian Express Bengaluru|January 04, 2025
INDIA and Maldives have finalised a framework to promote the use of local currencies for cross border trade as External Affairs minister S Jaishankar held discussions with his counterpart from the island nation Abdulla Khaleel to improve bilateral relationships.
JAYANTH JACOB @ New Delhi

"The framework to promote the use of local currencies for cross border transaction has been signed. We have increased our engagement in various sectors and I do want to say that India has always stood by the Maldives. You are a very concrete expression of our 'neighbourhood first' policy," Jaishankar said after the meeting.

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