- India and Seychelles have solidified their partnership with a Rs. 1250 crore line of credit for development projects and an extradition treaty to combat crime.
- The two sides have concluded an umbrella line of credit agreement which will be extended in rupees and amounts to Rs. 1250 crore, which will be used to support priority development projects in Seychelles.
- The two sides have also signed an extradition treaty aimed at combating transnational crime and a Memorandum of Understanding on cooperation in exploration of outer space for peaceful purposes.
- During the Indian PM’s State Visit to Seychelles (27–29 June 2026), India and Seychelles elevated their strategic partnership by signing multiple agreements.
- The visit also marked 50 years of diplomatic relations between the two countries and reinforced India's MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions) vision for the Indian Ocean Region (IOR).
- India announced a Special Economic Package worth USD 175 million, comprising USD 125 million (₹1,250 crore) rupee-denominated Line of Credit, and USD 50 million Grant Assistance.
- Both countries reaffirmed maritime cooperation as the cornerstone of their partnership.
- Seychelles reaffirmed its special place in India's MAHASAGAR vision.
- PM Modi became the first Indian PM to address the National Assembly of Seychelles.
- The visit reinforced India's role as a preferred security and development partner for Small Island Developing States (SIDS) in the Indian Ocean.
- India has a history of stepping in to protect Seychelles' sovereignty, notably deploying naval assets during a coup attempt in 1986 (Operation Flowers are Blooming).
India and Seychelles have solidified their partnership with a Rs 1250 crore line of credit aimed at supporting priority development projects in Seychelles.
The agreement, part of a broader strategic partnership, includes an extradition treaty to combat transnational crime and a Memorandum of Understanding for peaceful outer space exploration.5
PM Modi's visit also highlighted Seychelles' request for Indian assistance in establishing AI and cyber security centers, along with an advanced light helicopter, which Modi indicated India would consider positively.10
This visit, marking 50 years of diplomatic relations, reinforced India's role as a preferred security and development partner for Small Island Developing States (SIDS) in the Indian Ocean.611
The Special Economic Package announced includes USD 175 million, comprising a USD 125 million line of credit and USD 50 million in grant assistance.7
Both nations reaffirmed their commitment to maritime cooperation, a cornerstone of their partnership, with Seychelles reaffirming its special place in India's MAHASAGAR vision.89
Historically, India has played a crucial role in protecting Seychelles' sovereignty, notably during a coup attempt in 1986.12
PM Modi also became the first Indian PM to address the National Assembly of Seychelles, further solidifying bilateral ties.
“India and Seychelles have solidified their partnership with a Rs 1250 crore line of credit for development projects and an extradition treaty to combat crime. The visit also marked 50 years of diplomatic relations and reinforced India's MAHASAGAR vision for the Indian Ocean Region.”
Vajiram & Ravi
