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Maldives leader Muizzu to seek India bailout despite strained ties

As the Maldives grapples with economic challenges, its leader, Mohamed Muizzu, is set to seek a substantial financial bailout from India, despite the currently strained bilateral ties between the two nations. This development marks a significant moment for the Maldivian government, highlighting the complex interplay of international relations and financial dependencies in South Asian geopolitics. The Maldives, known for its idyllic beaches and as a popular tourist destination, has faced economic difficulties exacerbated by the global pandemic. The tourism sector, which is a major revenue source for the country, suffered a severe hit due to travel restrictions and a decrease in international travel, necessitating a fresh influx of funds to stabilize its economy. In this context, Mohamed Muizzu's expected request for a bailout, reportedly worth hundreds of millions of dollars, during his visit to India, carries not just economic but also diplomatic significance. Relations between the Maldives and India have seen their share of ups and downs over the years, shaped by the Maldives' political dynamics and its foreign policy orientation towards major powers in the region. The strategic location of the Maldives in the Indian Ocean has made it a focal point of interest for India, which views it as an essential part of its Indian Ocean Region (IOR) security framework. However, the relationship has experienced strains, particularly during periods when the Maldivian government appeared to tilt more towards China, leading to concerns in New Delhi about its influence in what it considers its strategic backyard. Muizz

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