Prime Minister Narendra Modi declared a special economic package of $175 million for Seychelles to bolster various sectors like social housing, e-mobility, vocational training, health, defense, and maritime security, emphasizing the significance of development partnership in New Delhi-Victoria relations. This initiative aims to generate employment and enhance skill development opportunities, particularly for the youth in Seychelles. India and Seychelles are set to deepen economic cooperation, focusing on areas such as fintech, digital solutions, and trade in local currencies.
Modi highlighted the historical ties between India and Seychelles, stating that the relationship goes beyond diplomatic connections, with shared cultural heritage and a common vision for the future. He welcomed Seychelles President Patrick Herminie to India, noting the auspicious timing of his visit coinciding with Seychelles’ 50th Independence Day and the 50th anniversary of diplomatic relations between the two nations. Modi reaffirmed Seychelles’ integral role in India’s MAHASAGAR Vision, emphasizing the comprehensive nature of their cooperation across land, sea, and air.
In further strengthening bilateral ties, an MoU was signed for the training of Seychelles civil servants in India, building on the success of India’s ITEC program in capacity building within Seychelles. Modi expressed optimism about exploring new avenues for collaboration and enhancing mutual economic benefits. The Prime Minister underscored the enduring bond between the two nations, rooted in shared history, trust, and a commitment to a prosperous future.
