PM Modi, Mauritius PM ink MoUs on currency, shipping to boost ties

Mar 12, 2025

The MoUs centered upon currency settlement system, water, sharing of shipping information, among others.

India, Nigeria to finalise Local Currency Settlement System Agreement soon

May 03, 2024

India and Nigeria have agreed to an early conclusion of the Local Currency Settlement System Agreement to strengthen bilateral economic ties

India, Nigeria agree for early conclusion of local currency settlement system treaty to strengthen economic ties

May 03, 2024

The two sides agreed for an early conclusion of the Local Currency Settlement System Agreement to further strengthen bilateral economic ties.

India-Ghana agree to strengthen trade ties at 4th joint trade committee meeting in Accra

May 06, 2024

India and Ghana explored the possibility of signing Memorandums of Understanding (MoUs) on Digital Transformation Solutions and the local currency settlement system.

"Payments issue needs to be worked through": Jaishankar on Rupee Vostro Account system

Apr 17, 2023

Jaishankar spoke about the expansion of the correspondent relationship network under International Trade Settlement in Indian Rupees through Special Rupee Vostro Account system.

Putin calls for BRICS-wide "independent settlement system" using national currencies

Jul 07, 2025

Russian President Vladimir Putin emphasised the need to expand the use of national currencies in mutual settlements among BRICS countries, calling for the "creation...