India is set to use this week's meeting of finance ministers and central bank governors from the Group of 20 nations to try to amplify its influence over developing economies in Asia, Africa and Latin America called the Global South.
India and Singapore are set to link their digital payments systems UPI and PayNow for easier cross-border transactions. The linkage of these two payment systems of both countries would enable residents of both countries to the faster and more cost-efficient transfer of cross-border remittances.
As chair of G20 and ahead of the Sustainable Development Goal (SDG) Summit later this year in New York, India's Permanent Mission to the United Nation will host roundtables at the UN headquarters, informed India at the United Nations on Monday.
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