India Extends $500 Million Credit Line For Guyana Development

External Affairs Minister <b>S. Jaishankar</b> met Guyanese President Mohamed Irfaan Ali during the Commonwealth Heads of Government Meeting. The two leaders discussed strengthening bilateral ties and regional cooperation. India has officially announced the extension of a <b>$500 million</b> line of credit to support Guyana’s development projects. This financial assistance aims to boost infrastructure and economic growth in the South American nation. The move highlights India’s growing diplomatic engagement in the Caribbean region. Both sides emphasized the importance of sustainable development and mutual trade benefits. This agreement reinforces the long-standing friendship between the two countries. It also signals India’s commitment to supporting developing nations through strategic partnerships. The meeting concluded with a joint statement on future collaborations.