India announces $421 million support for Samoa and Pacific nations
India has announced US$162 million (T$421 million) in grants and credit financing for 12 Pacific Island states including Samoa.
The support from India comprises a US$12 million (T$31 million) grant and a US$150 million (T$390 million) credit facility.
The Indian Prime Minister, Narendra Modi, made the announcement of his government’s support to 12 Pacific Island nations last Tuesday on the sidelines of the United Nations General Assembly in New York.
Prime Minister, Tuilaepa Dr. Sa'ilele Malielegaoi joined colleague heads-of-government and representatives from Fiji, Kiribati, Marshall Islands, Federated States of Micronesia, Nauru, Palau, Papua New Guinea, Solomon Islands, Tonga, Tuvalu and Vanuatu at the 3rd India-Pacific Islands Development States (PSIDS) Leaders Meeting.