In the meeting of the Indo-Central Asia Trade Council, External Affairs Minister Dr. S Jaishankar said that we are meeting at a time when e-commerce platforms, blockchains, cross-border digital payments are changing the way of interaction and trade of the world and India will be very happy to share platforms like UPI, Aadhaar, DigiLocker with our Central Asian partners. Certainly, the greater use of digital technologies and AI applications will help us unlock the full potential of our business and economic relations.
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External Affairs Minister Dr. S Jaishankar said that close relations between our banks and the financial sector will definitely strengthen our economic interaction. The special rupee has been started by Central Asian banks in the context of opening a special rupee vastro account (SRVA). The use of UPI has also been discussed, I will definitely support it very strongly … How can we improve our connectivity, as it has been a major obstacle. I talk about both land and air connectivity. The attempt of the International North-South Transport Corridor (INSTC), more use of Chabahar port will definitely reduce the distance and cost of travel.
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What is India-Central Asia Dialogue?
The Indo-Central Asia Dialogue began in 2019 in Samarkand (Uzbekistan). It is a ministerial platform, which aims to strengthen relations between five countries of India and Central Asia – Kazakhstan, Republic of Kyrgyz, Tajikistan, Turkmenistan and Uzbekistan.
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