India, Seychelles talk of ‘mutual welfare’

India, Seychelles talk of ‘mutual welfare’

News:

1. India and Seychelles signed six agreements on the sideline of Seychelles President  Danny Faure’s visit to India.

Important facts:

1. Both sides agreed to work on Assumption Island project, which was last week refused by Seychelle’s Parliament. This project would give India a strategic advantage in the Indian Ocean Region.
2. Both sides stressed on the following initiatives for strategically located country.

a) India announced USD 100 million credits to Seychelles for augmenting its defence capabilities

c) Both nations have convergence of views on the geo-strategic importance of the Indian Ocean Region.

d) Both nations would intensify cooperation to carry out hydrographical studies of the maritime region and declare exchange of necessary oceanic maps between two sides.

e) India also gifted a Dornier aircraft to Seychelles

f) India is ready to finance three civilian infrastructure projects in Seychelles under special grant.

g) Both sides sealed six agreements including one that will twin Panjim in Goa with Victoria of Seychelles.

Seychelles