India-ASEAN to refresh AITIGA pact by year-end; UPI to link with Vietnam's Fast Payment System

PM Modi confirmed the India-ASEAN trade pact will be updated by end-2025, with UPI integrating into Vietnam's Fast Payment System. The linkage targets smoother cross-border retail payments, supporting agri exports, EVs, agro-processing and logistics across a $16B bilateral corridor aiming for $25B by 2030.

— Filed Fri, 15 May, 2026, 07:32 IST · Source Indian Express · Business · Updated

India and ASEAN to update AITIGA trade pact by year-end; UPI will link with Vietnam's Fast Payment System, easing cross-border payments and boosting agri exports, EVs, agro-processing, logistics and two-way investment flows.