India and the Maldives today decided to ramp up cooperation in various fields including defence, security and trade as the two nations restarted the Joint Commission talks after a hiatus of 15 years.
External Affairs Minister Sushma Swaraj, on a two-day visit, assured the Maldives that India will always be the net security provider to the Indian Ocean archipelago.
However, she stressed that it is also important to insulate both countries from trends towards radicalisation and terrorism.
Noting that there has been an "unnaturally long hiatus" in the meeting of the Joint Commission, Swaraj said, "I bring a message of 'neighbours first' from the Indian government."
Following the meeting, the two sides signed MoUs on cooperation between Foreign Service Institutes of both countries and on cooperation in sports and youth affairs.
In her opening remarks of the meeting, which she co-chaired with her Maldivian counterpart Dunya Maumoon, Swaraj recalled Prime Minister Narendra Modi's message to Maldivian President Abdulla Yameen.
Swaraj said he would like to reiterate that "India attaches the highest importance to further developing and expanding its relationship with Maldives on basis of mutual trust and sensitivity to each other's interest."
The Joint Commission proposed establishment of a Joint Business Forum and suggested that an investment oriented forum be part of the calendar for 2016.
Both sides also agreed to explore further measures to increase trade in goods and services and to strengthen links in the banking and financial sectors of both countries.
The Maldivian side reiterated its interest in engaging with private investors in India for iHavan and Hulhulmale Youth City projects, a Ministry of External Affairs statement said.
Swaraj noted that a framework agreement of cooperation signed in November 2011, has empowered the joint commission further and also mandated them to discuss defence and security issues of mutual concern.
"India has always been there for Maldives. I would like to assure you that India will always be the net security provider for Maldives. This is a very privileged relationship," she said adding that this requires to be "handled carefully" on both sides.
"At this point of time, it is important also to insulate our countries from the trend towards radicalisation and terrorism sweeping across," she said.
