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India, UAE Agree On Trade Settlement In Local Currencies, Linking Fast Payment Systems

India and the UAE on Saturday agreed to start trade settlement in their currencies and link the Indian Unified Payments Interface with the Gulf country s Instant Payment Platform (IPP) as Prime Minister Narendra Modi held comprehensive talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan here.

Fast Payment Systems | India, UAE agree on trade settlement in local currencies, linking Fast Payment Systems

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