31 Jul 2026
Maldives-India UPI link is a boost to FTA and economic ties: Minister Saeed
The integration of the Maldives' instant payment system, Favara, with India's Unified Payments Interface (UPI) is expected to strengthen economic cooperation between the two countries and support efforts toward a proposed Maldives-India Free Trade Agreement (FTA), Economic Development, Transport and Trade Minister Mohamed Saeed said.