New Delhi, India and Kenya have discussed the possibility of settling trade transactions in local currencies to further promote two-way commerce, an official statement said on Wednesday.
Discussions on digital public infrastructure covered collaboration on UPI-like payment systems, Bharat Connect and digital platforms to enhance financial inclusion, which also helps officials of the two nations.
These issues were discussed in the India-Kenya Joint Trade Committee meeting on April 27-28. It was co-chaired by Commerce Secretary Rajesh Agrawal and Principal Secretary, State Department for Trade, Kenya, Regina Akotah Ombam, in Nairobi.
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