Maldives National Defence Force (MNDF) on Tuesday, signed a financial aid agreement worth USD 4.5 million with the Japanese government.
The agreement was signed under Japan’s ‘Economic and Social Development’ programme by Minister of Foreign Affairs Abdulla Shahid and Japan’s Ambassador to Maldives Keiko Yanai.
As per the agreement, MNDF will utilize the financial aid to acquire a fire and rescue watercraft as well as a landing craft.
The Japanese Embassy in Maldives stated that the agreement would enable local security forces to respond to emergencies swiftly.
The government signed agreements with several countries and institutions during the ongoing Maldives Partnership Forum including a USD 10 million agreement with the Asian Development Bank (ADB) and a USD 5.6 million agreement with the European Union.
Maldives Partnership Forum commenced on June 17 at Kurumba Maldives Resort and will conclude on June 18.
During the Forum, details of upcoming projects carried out under the government's 100-day pledges as well as projects relating to governance reform, blue economy, healthcare, education and housing will be shared with partner countries and institutions.