The Government of Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases, as the country is facing a severe foreign exchange crisis in the island nation after the pandemic hit the nation's earnings from tourism and remittances.
PayPal has signed a Memorandum of Understanding (MoU) with the Indian Institute of Foreign Trade (IIFT) to launch the India Digital Trade Facilitation Forum (IDTFF) for micro, small and medium enterprises (MSMEs).
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