Current Affairs - International - Discussion

Guyana is the country to which India has extended a USD 500 million Line of Credit to support development projects in roads, healthcare and defence. The announcement was made by External Affairs Minister S. Jaishankar during his meeting with Guyana's President Dr Irfaan Ali on the sidelines of the Commonwealth Heads of Government Meeting. The two countries also discussed cooperation in Digital Public Infrastructure, including the functioning of a UPI-like digital payment system. Their agreements cover manufacturing projects, Quick Impact Projects and development assistance, further strengthening India's bilateral partnership with Guyana.