PM Narendra Modi and Seychelles President Dr. Patrick Herminie elevated bilateral relations with a $175 million economic package reveal during their New Delhi summit. Hosted at Hyderabad House, the discussions spanned economic, health, and security domains, signaling a new chapter in friendship.
Modi framed the aid as an extension of their robust development alliance. ‘We agree to pursue fresh avenues in economic ties, including local currency trade and digital fintech progress,’ he said. The package prioritizes Seychelles’ needs via targeted projects and credit lines.
Expressing honor at his first official visit, Herminie appreciated India’s hospitality. Timing it with the upcoming golden jubilee of ties, he celebrated decades of respect and camaraderie. Focus sharpened on business linkages, investments, and health partnerships as economic catalysts.
Maritime domain awareness in the Indian Ocean emerged as a cornerstone, alongside consensus on regional dynamics and multilateral engagements. Herminie called for persistent collaboration to nurture peace and growth.
This strategic infusion promises to invigorate Seychelles’ economy and fortify India’s regional footprint. The leaders’ vision blends immediate aid with long-term synergy, setting a precedent for resilient partnerships in the Indo-Pacific.