India and Seychelles today agreed to work together on a project to develop a naval base at the Assumption Island keeping each other’s concerns in mind after talks between Prime Minister Narendra Modi and President Danny Faure.
India also announced a $100-million credit to Seychelles for augmenting its defence capabilities.
“We have agreed to work together on Assumption Island project based on each other’s rights,” said PM Modi today after a meeting President Danny Faure of the Seychelles who is visiting India. The project will give India a strategic advantage in the Indian Ocean Region.
“With this credit, Seychelles will be able to buy defence equipment to boost its maritime capacity,” Prime Minister Modi said in his joint media statement with Faure.
“India and Seychelles are major strategic partners. We respect the core values of a democracy and share the geo-strategic vision to maintain the peace, security and stability in the Indian Ocean,” added PM Modi.
Faure, in his remarks, said the Assumption Island project was discussed and the two countries equally engaged to work together bearing each other’s interests.
“Under the leadership of PM Modi, India has a visionary understanding of what’s at stake, especially in terms of security and defence, and to address the challenges of our time when it comes to climate change, multilateral trade negotiations and bridging gaps of inequality,” said Faure after the meeting with the PM.
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