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India seeks payment-system links in every FTA, Commerce Secy says: Report - The Economic Times
India aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster and significantly cheaper for users. The Unified Payments Interface is a key digital public infrastructure for this expansion. India's diaspora remittances are a major focus for cost reduction efforts. The nation is leveraging its fintech experience to export digital financial services globally.
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