Maldives can't oppose India amid economic challenges, Gasim says

Jumhooree Party (JP) leader and Maamigili MP Gasim Ibrahim said on Thursday that while President Mohamed Muizzu's policies are supported by many, the country's economic situation does not allow for a position that opposes India.

Gasim made these remarks during a press conference following the president's address to parliament. He highlighted that the withdrawal of Indian military personnel was a key campaign pledge of President Muizzu. While Indian-donated helicopters and a Dornier aircraft were previously operated by military personnel, they have since been replaced with civilian operators.

Former President Abdulla Yameen, leader of the People’s National Front (PNF), has criticised the move, claiming that it does not fully align with the president’s promise. Yameen was leading the PPM/PNC coalition when the India Out campaign was initiated.

Gasim pointed out that Maldives' economic dependence on India is a key factor in foreign policy decisions. Referring to the country's outstanding debts, particularly those owed to India, he stated: "We are not in a position to oppose India. We are a small country. The consequences of taking a confrontational stance with a neighbouring country of that size would be significant."

He attributed the country’s economic dependence on India to past administrations, stating that the governments of former Presidents Mohamed Nasheed, Abdulla Yameen, and Ibrahim Mohamed Solih had contributed to the current situation.

"India has always provided assistance to Maldives. However, during the administrations of President Ibrahim Nasir and President Maumoon Abdul Gayoom, such assistance was sought while maintaining a certain distance. The shift began under President Nasheed, followed by the two administrations after him," he said.

On military agreements with India, Gasim stated that any concerns could be addressed through diplomatic channels and international norms. He added that it was too early to judge whether President Muizzu had resolved the issue.

Gasim also warned about the impact of political instability on the country’s economic outlook. He noted that Maldives is required to make significant debt repayments in 2025 and 2026 and that continued political unrest could discourage international financial institutions and investors.

"The country has to repay more than $1.2 billion by 2026. If the situation deteriorates further, there will be no one to provide financial assistance. Political instability will only make it harder to secure funding," he said.

He called on the opposition Maldivian Democratic Party (MDP) to refrain from actions that could further destabilise the country.

Gasim also stated that President Muizzu has been taking steps to improve the economy and has shown willingness to address corruption.

"He is making efforts to address various issues. Even in cases of corruption, he has taken action against those accused. That is something I acknowledge," he said.