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India, Maldives sign agreement on digital payment systems during PM Modi’s visit; improved financial connectivity to boost trade

Male [Maldives], July 26 (ANI): In a key development during Prime Minister Narendra Modi’s visit to the Maldives, the Maldives Monetary Authority (MMA) has signed an agreement with NPCI International Payments Limited (NIPL) to integrate the digital payment systems of both countries.

In a press release, Maldives’ Ministry of Economic Development and Trade welcomed ‘the major step forward’ in modernizing the Maldiv