International Relations★ Must Know

India and Seychelles Unveil 19 Outcomes During PM Modi's Visit, Including UPI, Extradition Treaty and Rs 1,250 Crore Line of Credit

By TestNeeti Editorial TeamPublished Sunday, 28 June 2026 3 min readSource: The Hindu BusinessLineArticle 5 of 6

During Prime Minister Narendra Modi's State Visit to Seychelles on 28 June 2026, the two countries unveiled 19 outcomes following talks between PM Modi and Seychelles President Patrick Herminie, widening cooperation across defence, maritime security, digital payments, space, healthcare, agriculture and education. According to the Ministry of External Affairs (MEA), the package included an extradition treaty, an agreement on the peaceful uses of outer space, an agreement between NPCI International Payments Ltd (NIPL) and the Central Bank of Seychelles to advance UPI-based digital payments, and an umbrella line of credit of Rs 1,250 crore extended in rupees through the Export-Import (EXIM) Bank of India. India also announced the gifting of a fast patrol vessel, the handover of utility vehicles and boats to the Seychelles Defence Force, six ambulances, 500 tonnes of rice and 8,500 tonnes of cement, and preliminary work on a new Seychelles National Hospital.

Key Facts & Details

9 points

1
India and Seychelles unveiled 19 outcomes on 28 June 2026 after talks between PM Narendra Modi and President Patrick Herminie.
2
An umbrella line of credit of Rs 1,250 crore, extended in rupees via the EXIM Bank of India, will fund development projects in Seychelles.
3
NPCI International (NIPL) signed an agreement with the Central Bank of Seychelles to roll out UPI-based digital payments in the island nation.
4
The outcomes include an extradition treaty to combat crime and an agreement on cooperation in the peaceful uses of outer space.
5
India is gifting a fast patrol vessel and handed over utility vehicles and five Laser Radial-class boats to the Seychelles Defence Force.
6
Development assistance included six ambulances, 500 tonnes of rice and 8,500 tonnes of cement, plus preliminary work on a new Seychelles National Hospital and a commemorative logo for 50 years of diplomatic ties.

Deep Dive

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An agreement between HLL Lifecare Ltd and Seychelles' health ministry under the Jan Aushadhi scheme aims to supply affordable Indian medicines.
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India also completed the refit of PS Zoroaster for the Seychelles Coast Guard and upgraded a Dornier aircraft with a glass cockpit.
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Seychelles, a strategically located Indian Ocean archipelago, is central to India's maritime-security and 'Global South' outreach.

Exam Focus

Which umbrella line of credit (amount) did India extend to Seychelles during PM Modi's June 2026 visit, and which Indian agency signed a UPI pact with the Central Bank of Seychelles?

Exam Relevance & Angle

Seychelles anchors India's Indian Ocean Region (IOR) and 'SAGAR' maritime strategy. The 19 outcomes — especially UPI export, the EXIM Bank line of credit and an extradition treaty — are high-frequency banking and IR exam facts that test bilateral cooperation, India's neighbourhood-first/Global South diplomacy, and the international spread of India's digital public infrastructure.

Target Exams

SBI POSBI ClerkIBPS POIBPS ClerkIBPS RRB OfficerIBPS RRB AssistantRBI Grade BRBI AssistantNABARD Grade ASSC CGLSSC CHSLRRB NTPCLIC AAONIACL AOUPSC CSEState PCS

Background & Context

Seychelles is a small archipelagic nation in the western Indian Ocean and a key partner in India's maritime-security architecture, sitting astride vital sea lanes. India's development partnership with such nations typically runs through lines of credit managed by the Export-Import (EXIM) Bank of India, while the international expansion of UPI — India's flagship real-time payments system run by the National Payments Corporation of India (NPCI) through its arm NPCI International Payments Ltd (NIPL) — has become a recurring instrument of economic diplomacy, already extended to countries such as Sri Lanka, Mauritius, the UAE, France and Nepal. India's outreach to Indian Ocean island states forms part of the 'SAGAR' (Security and Growth for All in the Region) vision.