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Thu, Jul 3, 2025
10:36 PM
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153 days ago, New Delhi
Updated 152 days ago
India Concerns Over Maldives' China Trade Deals
India Concerns Over Maldives' China Trade Deals

India Concerns Over Maldives' China Trade Deals

News summary

India has expressed concerns over recent trade agreements signed by the Maldives with China and Turkey, which could threaten the archipelago's fiscal stability by leading to revenue loss. These agreements, including a free trade agreement with China that took effect on January 1, could increase the Maldives' balance of payments deficit and expose it to supply chain risks. India, which has extended significant financial assistance to the Maldives, will consider these developments in its policy decisions towards the nation. The Maldives' economy is already burdened with substantial external debt, primarily owed to China and India, heightening concerns of a possible default. The Indian Ministry of External Affairs has highlighted these issues without explicitly naming any countries. Diplomatic relations between India and the Maldives have seen recent improvements, with both nations engaging in high-level visits.

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Reuters
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India says recent agreements by Maldives might cause revenue loss, will consider them in terms of policies
153 days ago
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Reuters
Center
India says recent agreements by Maldives might cause revenue loss, will consider them in terms of policies
153 days ago
Read Full Article
Bias Distribution
100% Center
Information Sources
a3544a73-dab3-486d-ae75-bd4d15f01f55
Center 100%
Coverage Details
Total News Sources
1
Left
0
Center
1
Right
0
Unrated
0
Last Updated
152 days ago
Bias Distribution
100% Center
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Story Coverage
alt
Reuters
Center
India says recent agreements by Maldives might cause revenue loss, will consider them in terms of policies
153 days ago
Read Full Article
alt
Reuters
Center
India says recent agreements by Maldives might cause revenue loss, will consider them in terms of policies
153 days ago
Read Full Article
Ask VT AI
Bias Distribution
100% Center
Information Sources
a3544a73-dab3-486d-ae75-bd4d15f01f55
Center 100%
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