India and Seychelles on Monday exchanged seven Memoranda of Understanding in the presence of Prime Minister Narendra Modi and Seychelles President Patrick Herminie at Hyderabad House.
During the joint statement, Prime Minister Modi announced a 175 million dollar special economic package for Seychelles, stating that development partnership has been the strong foundation of India-Seychelles relations.
He said India’s efforts are aligned with Seychelles’ priorities and needs, and the newly announced package will support concrete projects in areas including social housing, e-mobility, vocational training, health, defence, and maritime security. The Prime Minister added that these initiatives will generate employment opportunities for the youth of Seychelles, marking the beginning of a new phase in
