New Delhi : In a significant move to enhance trade and financial ties, India and the Maldives have agreed to settle bilateral trade transactions in their local currencies—the Indian Rupee (INR) and the Maldivian Rufiyaa (MVR). This decision, which supplements the existing Asian Clearing Union (ACU) mechanism, is expected to ease trade settlements and reduce […]
The Impressive Times
New Delhi, Jan 7, 2025: Defence Minister Rajnath Singh is set to meet his Maldivian counterpart, Defence Minister Mohammed Ghassan Maumoon, for a bilateral discussion in New Delhi on Wednesday. The upcoming talks will focus on strengthening various aspects of defence cooperation between India and the Maldives, which plays a pivotal role in India’s strategic […]
The Impressive Times
