NEW DELHI: Payments can also be made in Sri Lanka through India's Unified Payment Interface (UPI). The agreement was signed by International Payments Limited (NIPL) and Lanka Pay in the presence of Prime Minister Narendra Modi and Sri Lankan President Ranil Wickremesinghe in Delhi. Recently, France and UAE approved the UPI transaction during Prime Minister Modi's visit. Singapore has already accepted.

Other India-Sri Lanka Agreements:

Passenger ferry service between Nagapattinam in Tamil Nadu and Kankesanthurai in Sri Lanka

Indian assistance for the development of Colombo, Trincomalee and Kankesanthurai ports.

Petroleum pipeline from South India to Sri Lanka

Chennai to Colombo, Trincomalee and Batticaloa flight services

High capacity power grid between the two countries

Hydrocarbon exploration and production offshore Sri Lanka

Business-Investor Cooperation

Tourism linking India's Buddhist circuit, the Ramayana Path, and ancient Buddhist, Hindu and other religious places of worship in Lanka.

Cooperation in animal husbandry, dairy production and renewable energy sectors

Cooperation for the development of Trincomalee district in Sri Lanka

Sambur solar project approved

Wickremesinghe thanked Prime Minister Modi, the Government and the people of India for their support in overcoming the economic and political challenges of Sri Lanka. Expressing India's interest in the reconstruction of Sri Lanka, Prime Minister Modi also pointed out that the interest of the Tamil people there should be protected. The livelihood of fishermen was also discussed. The regular detention of Indian fishermen by the Lankan Navy will have a humanitarian approach. The two leaders said that the India-Sri Lanka Economic and Technological Cooperation Agreement is crucial to increase bilateral trade and investment