India today announced a new Line of Credit of USD 100 million for defence procurement by Mauritius as the two sides signed many agreements on the second day of President Ram Nath Kovind's visit here.
The agreements were signed after President Kovind held delegation-level talks with Mauritius Prime Minister Pravind Jugnauth and members of his Cabinet.
"India and Mauritius share common security concerns in the Indian Ocean Region...I am happy to announce today that India will supply a Multi-Purpose Offshore Patrol Vessel to Mauritius under a Line of Credit," President Kovind said.
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Mauritius President Ameenah Gurib-Fakim hosted a lunch in honour of President Kovind, who congratulated Mauritius on the 50th anniversary of the country's independence from colonial rule.
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