The India-Central American Integration System (SICA) Foreign Ministers’ Meeting was held in New York to discuss deepening cooperation.
India offered its Unified Payments Interface (UPI) as a low-cost, efficient digital payment system for enhancing payment ecosystems in SICA economies.
Over half of the world’s cashless payments take place in India using UPI.
The meeting emphasized commitment to South-South cooperation, addressing shared challenges such as development, poverty alleviation, and climate change.