Current Affairs - International - Discussion

India and Nicaragua have signed a Memorandum of Understanding (MoU) to implement Quick Impact Projects (QIPs) aimed at enhancing physical and social infrastructure. India will provide grant assistance for projects focusing on roads, community centres, education, and sanitation, ensuring direct benefits to Nicaraguan communities. This collaboration, formalized in Managua, strengthens diplomatic ties between the two nations. India’s approach to QIPs aligns with its broader development cooperation strategy, which prioritizes high-impact, small-scale projects that bring rapid and visible change to partner countries, fostering stronger bilateral relations.