India and Malawi have signed three MoUs on Extradition Treaty, cooperation in the field of Atomic Energy for peaceful purposes and VISA Waiver for Diplomatic and Official Passports. The MoU was signed during Vice President Venkaiah Naidu visit in Malawi. India will also extend a new Line of credit of 215 million US dollars to Malawi for 18 water projects.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important For IBPS PO Mains Exam 2018:
- Malawi Capital: Lilongwe, Currency: Malawian kwacha, President of Malawi: Peter Arthur Mutharika.