Published: 26 February 2026Economy
India-Israel Sign Landmark AI MoU; UPI Linked to Israel's Payment System
During PM Modi's Israel visit, India and Israel signed a landmark Memorandum of Understanding on Artificial Intelligence cooperation and signed an MoU between NPCI International and MASAV to examine linkages for cross-border payments via UPI. The AI MoU covers collaborative research, data sharing frameworks and AI ethics.
The UPI-Israel linkage will facilitate instant cross-border payments for the 80,000+ Indian workers in Israel and boost bilateral digital trade. India's UPI processes over 20 billion monthly transactions. Additionally, Israel agreed to fast-track FTA negotiations, with the first round already concluded in New Delhi and the next round scheduled for May 2026.
0
6-axis classification
CoverageInternationalSubjectScience & TechnologyExamBasic Computer Instructor · CET Graduation · CET Senior Secondary · EO/RO · LDC · Mahila Supervisor · Patwar · PTI · RAS · REET · RPSC SI · School Lecturer · Senior Computer Instructor · Senior Teacher · UPSC · Vanpal · Both
Practice MCQ from this story
SolveTap an option below. Correct or incorrect feedback appears instantly.
Linked questionMedium
India signed DPI cooperation MoUs with how many countries in February 2026?
Explanation · Correct answer AIndia signed Digital Public Infrastructure cooperation agreements with 23 countries.
Frequently asked questions
What did India and Israel sign in AI cooperation during PM Modi visit and how is UPI linked to Israel payment system?
During **PM Modi's Israel visit**, India and Israel signed a landmark **MoU on Artificial Intelligence cooperation** covering collaborative research, data sharing frameworks, and AI ethics. Additionally, **India's UPI was linked with Israel's payment system**, facilitating instant cross-border payments for **80,000+ Indian workers** in Israel. India's UPI processes over **20 billion monthly transactions**.
What benefits will the UPI-Israel payment system linkage provide to Indian workers in Israel?
The **UPI-Israel payment system linkage** enables instant cross-border payments for **over 80,000 Indian workers** in Israel. Workers can make direct payments and remittances without relying on expensive third-party channels. India's **UPI processes 20+ billion monthly transactions** globally, and this linkage expands its international footprint after similar integrations with **Singapore, UAE, France, and Sri Lanka**.
What does the India-Israel AI MoU signed during PM Modi visit cover?
The **India-Israel AI MoU** signed during PM Modi's Israel visit covers: **collaborative research** in AI, **data sharing frameworks**, and **AI ethics governance**. It forms part of the elevation of India-Israel ties to a **Special Strategic Partnership** and aims to leverage both countries' strengths in technology, defense, and innovation sectors.
What is the status of India-Israel FTA negotiations after PM Modi visit?
During PM Modi's Israel visit, **Israel agreed to fast-track FTA (Free Trade Agreement) negotiations** with India. The **first round of FTA talks was concluded in New Delhi**, with the next round scheduled for **May 2026**. The FTA will cover goods, services, and digital trade between two countries with growing strategic and economic ties.
How many Indian workers are there in Israel benefiting from the UPI payment linkage?
There are **over 80,000 Indian workers** in Israel who will directly benefit from the **UPI-Israel payment system linkage** announced during PM Modi's visit. The linkage enables **instant, low-cost cross-border transactions**, removing barriers faced by migrant workers in sending money home or paying for services.
