India and the Maldives marked a new chapter in their financial collaboration as India launched its RuPay card under India’s instant payment system Unified Payments Interface (UPI) in the Maldives on Monday, further strengthening bilateral relations. This launch followed productive discussions between Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu, aimed at mending ties that had been strained by political differences, including Muizzu’s earlier ‘India Out’ stance.
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