Brief by Shorts91 Newsdesk / 03:31pm on 22 May 2026,Friday India Global
India’s Unified Payments Interface (UPI) will become operational in Cyprus from next year, the Ministry of External Affairs confirmed during Cyprus President Nikos Christodoulides’ India visit. MEA Secretary (West) Sibi George said the rollout follows an MoU between NPCI International Payments Limited and Eurobank Cyprus to facilitate cross-border payments using India’s real-time digital payment system. The agreement was finalised during Prime Minister Narendra Modi’s June 2025 visit to Cyprus, the first by an Indian Prime Minister in over two decades. Modi and Christodoulides also discussed expanding cooperation in trade, investment, defence, maritime security, financial connectivity, technology, mobility, education and India-European Union engagement, reaffirming the strategic partnership between both countries for future collaboration. (PC: ANI)
