India advances a credit loan of $50 crores to Mauritius

New Delhi : While the  Mauritian Prime Minister Pravin Kumar Jugnauth is on a visit to India, Prime Minister Narendra Modi has announced a $50 crore credit to Mauritius, Besides the maritime sector, the two Prime Ministers have expressed determination to extend cooperation in other areas too. 

After being elected to the office of Prime Minister in the month of January, this is Pravin Kumar Jugnauth’s first foreign tour. While on the tour he met the Indian Prime Minister, as well as the External Affairs Minister Sushma Swaraj, the Central Home Minister Rajnath Singh and the Railway Minister Suresh Prabhu, besides meeting and discussing with other senior leaders. At the meeting with the press, the Prime Minister, Narendra Modi, specially thanked the Mauritian Prime Minister for choosing India to be his first foreign destination. For the development of Mauritius, India announced a substantial subsidy of $ 500 million. 

The Indian Ocean may face a big threat from piracy and India and Mauritius would mutually assist each other to tackle this threat. Prime Minister Modi and Prime Minister Jugnauth unanimously agreed in this meeting that  India should provide special assistance to the Mauritian Coast Guard. Along with this, important discussions were carried out regarding trade and investments between the two nations. At the same time Prime Minister Jugnauth  made a request that  India should also assist  in the development of  the Mauritian port.

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