The Government of the Republic of Maldives and the Government of Japan, with a view to further developing friendly and cooperative relations between the two countries, signed Exchange of Notes. His Excellency Mr. Abdulla Shahid, Minister of Foreign Affairs and Her Excellency Ms. Yanai Keiko, Ambassador of Japan to the Republic of Maldives, signed the Exchange of Notes on behalf of the two respective countries.

Under the terms of the Exchange of Notes, the Government of Japan shall extend to the Government of Maldives, a grant of five hundred million Japanese Yen (Â¥ 500,000,000) for further promoting the economic and social development of the Maldives. This grant will be utilized towards countering terrorism.