New Delhi, Dec. 17 -- India and the Maldives on Monday agreed to deepen cooperation to maintain peace and security in the Indian Ocean region as New Delhi extended lines of credit worth $1.4 billion to to the archipelago nation following delegation-level talks between Prime Minister Narendra Modi and Maldives President Ibrahim Mohamed Solih here.

The two sides also signed four agreements, including on cultural cooperation, IT and electronics cooperation and on improving the ecosystem for agribusiness.

"President Solih and I agree that to maintain peace and security in the Indian Ocean region, we need to deepen our cooperation," Modi said while jointly addressing the media with Solih after the talks.

"Both India and the Maldives share e...