India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 crore
- Posted on June 29, 2026
- By Business News Today
- 1 Views
- 1 min read
India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 crore
India and Seychelles have solidified their partnership with a Rs. 1250 crore line of credit for development projects and an extradition treaty to combat crime. The nations also agreed to integrate India's UPI payment system and explore outer space cooperation. Seychelles requested Indian aid for AI, cybersecurity centers, and a helicopter, which India positively considered. Discussions also touched upon regional security and the Indian Ocean's significance.
