India-ASEAN Digital Collaboration and Payment Linkages

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India-ASEAN Digital Collaboration and Payment Linkages

Source: The post on CCS Approval for Major Defence Deals is based on the article “CCS clears deals for 31 MQ-9B drones and submarines” published in “The Hindu” on 10th October 2024. India-ASEAN Digital Collaboration and Payment Linkages

Why in the News?

India will share its expertise and experiences in utilizing digital public infrastructure (DPI), such as Aadhaar and the Unified Payments Interface, with ASEAN nations.

About India-ASEAN Digital Collaboration and Payment Linkages

1. Cross-Border Payment Systems: India and ASEAN to explore digital linkages between payment systems, fostering fintech collaboration.

2. Digital Public Infrastructure Sharing: India to share knowledge on Aadhaar and UPI, aiding sectors like education, healthcare, and climate change.

3.Strategic Partnership Strengthening: Both sides commit to regional peace, maritime security, and responsible AI development.

Bilateral Talks with Japan and New Zealand

India-Japan Cooperation: Modi and PM Shigeru Ishiba discuss technology, trade, defense, and cultural exchanges, strengthening their Special Strategic Partnership.

India-New Zealand Partnership: Modi and PM Christopher Luxon focus on economic cooperation, renewable energy, and education, reinforcing shared democratic values.

Regional Partnerships: Modi also met leaders from Australia, Malaysia, the EU, and the Philippines, underscoring India’s commitment to regional cooperation.

UPSC Syllabus: International relations

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