Cabinet approves India-Maldives MoU for passenger, cargo services

The Union Cabinet has approved the pact signed between India and Maldives to start passenger and cargo services via sea route. The MoU will pave way for ferry services between Maldives and India. The proposed ferry service would contribute in a big way to promote people to people contact and to boost bilateral trade.

Static/Current Takeaways Important For EPFO/LIC ADO Mains:

  • Capital of Maldives: Male; Currency: Maldivian Rufiyaa.
  • President: Ibrahim Mohamed Solih.

Source: The Business Standard

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