Sat. Apr 13th, 2024

PM Modi Lauds UPI Launch in Sri Lanka, Mauritius: A Special Day for India-Sri Lanka Ties

Prime Minister Narendra Modi has praised the launch of Unified Payments Interface (UPI) in Sri Lanka and Mauritius, saying it is a special day for India-Sri Lanka ties.

The UPI platform, which allows for seamless transactions, was launched in Sri Lanka and Mauritius on Thursday. The launch was attended by the Indian High Commissioner to Sri Lanka, Gaurav Arora, and the High Commissioner of Mauritius to India, Anil Kumar.

PM Modi took to Twitter to congratulate the two countries on the launch of UPI. He said that the launch of UPI in Sri Lanka and Mauritius is a significant step towards enhancing bilateral trade and economic cooperation between India and the two countries.

UPI is a digital payment system that allows users to send and receive money instantly using their mobile phones. It has gained popularity in India due to its speed and convenience.

The launch of UPI in Sri Lanka and Mauritius will facilitate easier transactions between the two countries and their diaspora communities. It will also help in promoting trade and investment between the two countries.

The launch of UPI in Sri Lanka and Mauritius comes at a time when India and Sri Lanka are working towards strengthening their bilateral ties. The two countries have been holding regular bilateral meetings and exchanges to enhance their cooperation in various sectors.

In recent months, India and Sri Lanka have also been working together to address the issue of illegal fishing in the Indian Ocean. The two countries have been sharing intelligence and conducting joint patrols to prevent illegal fishing activities.

The launch of UPI in Sri Lanka and Mauritius is another step towards strengthening the economic ties between India and the two countries. It will also help in promoting trade and investment between the two countries and their diaspora communities. – The Blaze Times

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