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Indian Govt. hopes Maldives will abide by contract, legal agreements signed with GMR

Source : ANI
Last Updated: Thu, Dec 06, 2012 15:10 hrs

The Indian Government on Thursday expressed the hope that the Maldives Government would abide by relevant contracts and agreements after a Singapore court issued a stay order on allowing GMR Infrastructure to continue with its 511 million dollar airport development project.

Syed Akbaruddin, spokesperson of Ministry of External Affairs (MEA), said: "We have said that fulfillment of legal processes and requirements is what we would like to see in this case. And we hope that all relevant contracts and agreements would be adhered to legal processes that are required to fulfill them, are carried through."

The spokesperson also denied a media report that the Prime Minister Manmohan Singh refused to meet a special envoy of President Mohammed Waheed.

"I think that is fair in the diplomatic practice - the host indicates who receives the guest. I don't think there was any delay on our part and the story that comes out saying that he waited for 45 days in India is figment of imagination," he said.

Maldives cancelled the 2010 agreement, the largest foreign investment in the country, saying that it was not valid.

The contract to upgrade and operate the airport and build a new terminal came after a global tender overseen by the World Bank and signed under former president Mohamed Nasheed's administration.

However, Nasheed's rivals filed legal action saying the contract was invalid as it contained a $25 airport development charge per outgoing passenger, which was not authorized by parliament. The two sides have not yet agreed on terms of compensation. (ANI)




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