India Introduces UPI Digital Payment System in Maldives to Support Local Tourism

Saturday, 10 August 2024, 02:41

India is set to boost tourism in the Maldives by introducing a UPI digital payment service, as announced by External Affairs Minister S. Jaishankar during his recent visit. This move aims to streamline payment processes for Indian tourists and enhance economic ties between the two nations. The initiative underscores India's effort to maintain its influence in the region, especially amidst the Maldives' growing relations with China. In conclusion, the UPI service is expected to facilitate better economic interactions and attract more Indian tourists to the Maldives.
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India Introduces UPI Digital Payment System in Maldives to Support Local Tourism

Introduction of UPI in Maldives

The External Affairs Minister began a three-day visit to the Maldives on August 9. This is his first visit to the nation since President Mohamed Muizzu, who is popular for his pro-China stance, took office.

Boosting Local Tourism

  • India's UPI digital payment service is expected to enhance the tourism experience for Indian visitors.
  • This initiative aims to strengthen economic ties between India and the Maldives.
  • By facilitating easier transactions, the move could attract more Indian tourists and thus help the local economy.

Conclusion

This introduction signifies India's commitment to support the Maldives amid changing political dynamics and the increasing allure of Chinese influence.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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