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πŸ“° News ⏱ 2 min
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Key Points

4 points
1

Negotiations for a Bilateral Investment Agreement between India and Cambodia are finished.

2

The agreement aims to protect and promote cross‑border investments.

3

Cooperation will expand into farming, dyes, banking, insurance, traditional medicine, e‑government, and pharmaceutical standards.

4

The digital payment system called Unified Payments Interface will be accepted by merchants in both countries.

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Summary

The discussion also covered deeper cooperation in agriculture, colour‑making chemicals, banking, insurance, traditional medicine, electronic government services, and the recognition of Indian drug standards.

Both sides highlighted the launch of India's digital payment system, which allows Cambodian merchants and travelers to use QR‑code payments in each other's markets.

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New Words to Learn

9 words
bilateral
involving two countries working together
investment
putting money into a business hoping it will grow
foreign direct investment
money from one country used to own or start a business in another country
dyes
substances that give colour to products
insurance
a service that protects against loss or damage
traditional medicine
old ways of treating illness, often using herbs
electronic government services
government work done online, like applying for forms on a computer
pharmacopeia
an official list of medicines and how they should be made
Unified Payments Interface
India's phone‑based system for sending money instantly
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