Foreign Secretary Vikram Misri confirmed that India and Seychelles have discussed expanding cooperation into new sectors such as social housing, green mobility, maritime security, education, healthcare, digital public infrastructure, and capacity building. The discussions took place during Prime Minister Narendra Modi's state visit to Seychelles.
USD 175 Million Special Economic Package
Misri highlighted that India has pledged a special economic package of USD 175 million to Seychelles. This package includes USD 125 million in concessional financial assistance, with an agreement signed and exchanged in the presence of both leaders, and USD 50 million in complete grant assistance. The funds will cover projects in priority sectors determined by the Seychelles government.
Connectivity and Private Sector Role
Greater connectivity between the two nations was a key subject of discussion. Misri noted that establishing dedicated shipping lines or aviation links depends on private commercial operators. Both countries recognized the importance of these links and have agreed to engage with relevant actors in the shipping and aviation industries to explore possibilities.
New Areas: Cybersecurity, AI, and Aviation
Misri also revealed new ideas for cooperation, including cybersecurity facilities, artificial intelligence-related facilities, and the provision of certain aviation platforms. These initiatives will be taken forward within the development cooperation framework.
Assumption Island and Non-Transactional Relationship
Regarding the Assumption Island project, Misri clarified that India's stance is guided by the priorities and interests of the host government. He emphasized that any cooperation—development, security, or defense—must align with the interests of the Seychelles government and its people. Misri described the India-Seychelles relationship as non-transactional, based on respect, trust, and friendship.
People-to-People Exchanges and Future Priorities
The discussions also covered people-to-people exchanges and digital public infrastructure. Misri expressed openness to hearing ideas from Seychelles authorities on areas where India can assist, reaffirming that the relationship is built on friendship rather than transactional expectations.
