Prime Minister Narendra Modi thanked the President of Seychelles on Sunday for the warm welcome during his visit and for honouring him with the Guardian of the Blue Horizon award. The visit is special because Seychelles is celebrating 50 years of independence, while India and Seychelles are also marking 50 years of diplomatic relations. One of the biggest announcements during the visit was the signing of a Memorandum of Understanding (MoU) to introduce India’s Unified Payments Interface (UPI) in Seychelles. Here is everything PM Modi said during his visit and why it is important for India-Seychelles relations.
What MoU Was Signed Between India And Seychelles?
One of the major outcomes of the visit was the signing of an MoU on the Unified Payments Interface (UPI) between India and Seychelles. PM Modi welcomed the agreement and said he was happy that both countries had signed the UPI MoU. Once implemented, Seychelles will be able to use India’s UPI digital payment system, making digital transactions easier and expanding UPI’s presence globally.
What Did PM Modi Say About Economic Cooperation Between The Two Countries?
PM Modi said that India and Seychelles discussed ways to make their economic partnership stronger and ready for the future. He added that both countries will look for new business and investment opportunities and also work on improving connectivity. He said, “Today, we discussed making our economic cooperation more resilient and future-ready. We will continue to explore new opportunities for the industries of both our countries. Work will also be done to enhance connectivity between India and Seychelles.”
Why Is This Visit Considered Historic For India-Seychelles Relations?
PM Modi called the visit historic because it comes at an important time for both countries. Seychelles is celebrating 50 years of independence, and India and Seychelles are also celebrating 50 years of diplomatic ties. “I am visiting Seychelles at a historic moment, as the country marks 50 years of independence and we celebrate 50 years of diplomatic relations between Bharat and Seychelles. Over these five decades, we have transformed friendship into trust, trust into cooperation, and cooperation into people’s welfare,” he said.
What Did PM Modi Say About Digital Cooperation Between India And Seychelles?
PM Modi said that digital technology is helping bring countries closer together. He said India is ready to share its successful Digital Public Infrastructure experience with Seychelles. “We believe that Digital Technology is an effective medium to bridge the distance between the two countries. We will share India’s successful experience in Digital Public Infrastructure with Seychelles. And I am pleased that today an MOU is being signed to implement UPI in Seychelles,” PM Modi said.
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