India’s Diplomatic Engagement S. Jaishankar’s Visit to Maldives Signals Renewed Commitment

Strengthening Ties Amid Shifting Dynamics External Affairs Minister S. Jaishankar has arrived in the Maldives, marking the first high-level visit from India since President Mohamed Muizzu, known for his pro-China stance, took office nearly nine months ago. This visit is seen as a significant move to recalibrate bilateral relations and enhance security cooperation between the two nations, with a focus on maintaining regional peace and stability.

Key Discussions and Agreements

During his visit, Jaishankar held a productive meeting with Maldives President Mohamed Muizzu and Defense Minister Mohamed Ghassan Maumoon. The discussions centered on strengthening defense and security collaboration, emphasizing joint initiatives for maritime security, and addressing shared interests in regional peace. The timing of this visit is crucial as the Maldives’ military ties with China are deepening, exemplified by the recent arrival of a modern Chinese research vessel at a Maldivian port.

India’s Soft Power Approach

India’s approach towards the Maldives has largely been characterized by soft power and collaborative initiatives, contrasting with China’s emphasis on economic and military influence. A notable outcome of Jaishankar’s visit was the agreement to introduce the Unified Payment Interface (UPI) system in the Maldives. This initiative is expected to significantly benefit the Maldivian tourism sector, which accounts for approximately 30% of the country’s GDP and over 60% of its foreign exchange earnings.

The Impact of UPI on Maldivian Economy

The introduction of UPI is set to enhance economic cooperation and empower the Maldives in the digital sector. Jaishankar highlighted how digital transactions have transformed India, noting that 40% of the world’s real-time digital payments occur in India. By adopting UPI, the Maldives stands to gain a competitive edge in the tourism industry, further integrating its economy into the digital age.

Diplomatic Shift and Positive Engagement

Despite President Muizzu’s earlier anti-India stance, the tone of his recent engagement has shifted positively. During the meeting with Jaishankar, Muizzu praised Indian Prime Minister Narendra Modi and acknowledged India’s support for the Maldives. He expressed gratitude for the assistance provided by India, including the handover of water and sewerage projects across 28 Maldivian islands.

Looking Ahead A Balanced Partnership

Jaishankar’s visit underscores India’s commitment to a balanced and enduring partnership with the Maldives, even as China’s influence grows. By leveraging soft power and cooperation, India aims to maintain stability and foster a prosperous future for the region. This renewed engagement reflects a strategic effort to bolster bilateral relations and ensure regional peace amidst evolving geopolitical dynamics.