Ministry of External Affairs (MEA) targets Unified Payments Interface (UPI) operationalisation in Seychelles by year-end

Key facts

• The Ministry of External Affairs (MEA) announced that the Unified Payments Interface (UPI) system is targeted to become operational in Seychelles by the end of the year.
• Seychelles utilizes 90 annual slots under the Indian Technical and Economic Cooperation (ITEC) programme for training in various areas.
• Prime Minister Narendra Modi and Seychelles President Patrick Herminie agreed to strengthen cooperation in health, education, capacity building, digital transformation, sustainable development, social infrastructure, renewable energy, maritime security, and defence.
• India and Seychelles discussed challenges in the Indian Ocean region, specifically illegal fishing, drug trafficking, and piracy.
• Both nations expressed satisfaction with the progress of projects and initiatives under the Special Economic Package announced by India.