India okays $175m package for Seychelles, inks 7 agreements | India News - The Times of India
India has approved a financial assistance package worth $175 million for Seychelles, marking a significant step in strengthening bilateral relations between the two countries. The decision was taken during high-level talks aimed at boosting cooperation in development, infrastructure, defence, and maritime security. Along with the aid package, India and Seychelles signed seven key agreements covering areas such as renewable energy, digital governance, health, education, and capacity building. The funding will support development projects that align with Seychelles’ national priorities while reinforcing India’s role as a reliable partner in the Indian Ocean region. Both sides emphasized shared democratic values, regional stability, and economic collaboration. India also reaffirmed its commitment to supporting Seychelles in climate action and sustainable development initiatives. This partnership reflects India’s broader strategy to deepen engagement with island nations and promote security, growth, and connectivity in the Indian Ocean neighbourhood.
The Key points
- India approved a $175 million financial assistance package for Seychelles
- Seven bilateral agreements were signed during official discussions
- Agreements cover energy, health, education, and digital cooperation
- Focus on infrastructure and sustainable development projects
- Boost to maritime security and Indian Ocean cooperation
- Support for climate action and renewable energy initiatives
- Strengthening long-term India–Seychelles diplomatic ties
- Emphasis on regional stability and economic growth
- Aid aligned with Seychelles’ national development goals
- Part of India’s wider Indian Ocean engagement strategy
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