Butter Chicken
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NEW DELHI -- India is considering providing up to $1 billion in loans to the Maldives to help it pay down its debt to China, but only if the island nation agrees to distance itself from Beijing, Indian government sources said.
India is in talks with the Maldives, offering low-interest loans over several installments in exchange for stronger security ties, including the permanent deployment of Indian military personnel in the island nation, according to the sources.
The countries are expected to iron out the details before Maldivian President Ibrahim Mohamed Solih, who took office on Nov. 17, visits India in December.
https://asia.nikkei.com/Politics/In...aldives-1bn-in-loans-to-help-repay-China-debt
India is in talks with the Maldives, offering low-interest loans over several installments in exchange for stronger security ties, including the permanent deployment of Indian military personnel in the island nation, according to the sources.
The countries are expected to iron out the details before Maldivian President Ibrahim Mohamed Solih, who took office on Nov. 17, visits India in December.
https://asia.nikkei.com/Politics/In...aldives-1bn-in-loans-to-help-repay-China-debt