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India offers $100 mn line of credit to Mauritius to procure defense assets


India offers $100 mn line of credit to Mauritius to procure defense assets
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(ANI Photo )
. Updated: 22 Feb 2021, 04:51 PM IST PTI
Two countries signed a Comprehensive Economic Cooperation Partnership Agreement following talks between S Jaishankar and Mauritius Prime Minister
The two sides also exchanged letters on provision of Dornier aircraft and Dhruv helicopter by India to step up Mauritius’ maritime monitoring capabilities
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India on Monday offered a USD 100 million line of credit to Mauritius to facilitate procurement of defense assets and the two countries signed a Comprehensive Economic Cooperation Partnership Agreement following talks between External Affairs Minister S Jaishankar and Mauritius Prime Minister Pravind Jugnauth here. ....

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India offers USD 100 million line of credit to Mauritius to facilitate procurement of defence assets


India to supply defence items to Mauritius under a new $100 million LoC
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Mauritius has been a traditional defence partner of India for decades and has been the recipient of defence equipment for safeguarding its interest. The special $100 million defence line of credit signed on Monday will enable the procurement of defence assets from India as per the needs of Mauritius.
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India and its key Indian Ocean Region partner Mauritius on Monday upgraded their defence and economic partnership by signing a special $100 million pact for supplying defence equipment. The two countries also entered into a comprehensive economic cooperation and partnership agreement (CECPA) that will enable smooth entry of Indian businesses to the African continent. ....

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