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Modi, President Ndaitwah hold talks: Namibia to roll out UPI | Current Affairs | Vision IAS

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Modi, President Ndaitwah hold talks: Namibia to roll out UPI

1 min read

India-Namibia Bilateral Cooperation

Following talks between the Indian prime minister and the Namibian president, significant developments were announced to enhance bilateral ties between India and Namibia.

Key Announcements

  • Unified Payments Interface (UPI): Namibia will implement the UPI system later this year, following a technology licensing agreement between NPCI (National Payments Corporation of India) and the Bank of Namibia.
  • Entrepreneurship Development Center: An MoU was signed to establish this center in Namibia.
  • Health and Medicine Cooperation: Another agreement was inked focusing on cooperation in health and medicine.
  • CDRI Membership: Namibia has joined the Coalition for Disaster Resilient Infrastructure, which aims to improve infrastructure resilience to climate and disaster risks.
  • Global Biofuels Alliance: Namibia is now part of this India-backed initiative.

Focus Areas of Discussion

  • Digital technology
  • Defence and security
  • Agriculture
  • Healthcare
  • Education
  • Critical minerals
  • Trade, energy, and petrochemicals

Recognition

The Prime Minister of India was also honored with Namibia’s highest civilian award, the Order of the Most Ancient Welwitschia Mirabilis, symbolizing Namibia’s struggle, courage, and culture. 

  • Tags :
  • India-Namibia
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