Exim Bank on Wednesday said it has extended USD 100 million loan to Mauritius on behalf of India for defense-related procurements. Export-Import Bank of India (Exim Bank), on behalf of the Government of India, has extended a line of credit (LOC) of USD 100 million to the Government of the Republic of Mauritius for the purpose of financing procurement of defense items from India, Exim Bank said in a release. The LOC agreement for this was signed on February 19, 2021, through exchange between Renganaden Padayachy, Minister of Finance, Economic Planning and Development, Mauritius and Gaurav Singh Bhandari, Chief General Manager, Exim Bank. With the signing of this loan agreement, Exim Bank till date has extended six LOCs to Mauritius, on behalf of India, taking the total value of LOCs extended to USD 764.80 million.
External Affairs Minister S Jaishankar on Monday called on former prime minister of Mauritius Sir Anerood Jugnauth, who was awarded the Padma Vibhushan last year, and briefed him on the progress in the bilateral relations. Jaishankar, who arrived here in India s strategically key maritime neighbour in the Indian Ocean region on Sunday night from the Maldives on the last leg of his two-nation tour, met the 90-year-old leader after concluding talks with his son and current Prime Minister Pravind Jugnauth. Called on former PM Sir Anerood Jugnauth and Lady Sarojini. Congratulated him on being awarded the Padma Vibhushan last year. Briefed him on the progress in India-Mauritius relations, guided by his vision and leadership, he tweeted.
Read more about EAM Jaishankar holds discussions with Nepalese counterpart Gyawali on Business Standard. External Affairs Minister S Jaishankar on Friday held talks with his Nepalese counterpart Pradeep Kumar Gyawali with a focus on various key aspects of the bilateral relations.