Narendra Modi’s Visit to Maldives Signals Improved Ties

• Significant turnaround in ties between India and Maldives since September 2023.

• Decline in relationship in early 2024 due to derogatory remarks and ‘Boycott Maldives’ campaign.

• President Muizzu assured Maldives against “bullying” the country.

• India fully removed its troops from Maldives in May 2024.

• Improved ties led to President Muizzu’s state visit in October 2024.

• India signed a crucial currency swap agreement with Maldives for $750 million.

• India rolled over a $50 million-treasury bill to support Maldives in May 2025.

• India flags placed across Male to welcome Modi, marking first head of state visit since November 2023.