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India, Thailand discuss linking UPI with Prompt Pay Service

India and Thailand on Thursday reviewed the progress of the ongoing efforts on connecting Unified Payment Interface (UPI) of India with Prompt Pay Service of Thailand and the settlement of trade transactions in local currency.

13th Joint Trade Committee meeting of India and Thailand held in New Delhi

Thailand is India's important trading partner in ASEAN with total trade of USD 16.89 Billion in 2022-23. Thailand accounts for 13.6 per cent of India's total trade with ASEAN. Thailand is an important destination for India's gems and jewellery, mechanical machinery, auto and auto components and agricultural products, especially marine products.

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