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India to give USD 200 million loan for the development of Kyrgyzstan

External Affairs Minister S Jaishankar said that India and the Kyrgyz Republic traditionally share close ties.


India today agreed to provide a line of credit of USD 200 million for development projects in Kyrgyzstan, as External Affairs Minister S Jaishankar held “constructive” talks with the Kyrgyz leadership to boost bilateral ties, including defense cooperation, and global issues such as Afghanistan. issues discussed.

Mr Jaishankar arrived on Sunday as part of his four-day visit to Kyrgyzstan, Kazakhstan and Armenia aimed at further expanding bilateral ties with the three Central Asian countries.

“Cordy and constructive talks with FM Ruslan Kazakbaev of the Kyrgyz Republic. USD 200 million agreed to support development projects. Also an agreement on executing high impact community projects,” Jaishankar tweeted.

According to a statement by the Ministry of External Affairs (MEA), the signing of the Memorandum of Understanding (MoU) on High Impact Community Development Projects (HICDP) will help in the implementation of accelerated community development projects in various sectors for the benefit of common people. Under full grant grant by the Government of India.

Mr Jaishankar said development in Afghanistan and its implications for the peace and security of the region were discussed briefly in his talks with the Kazakhbavs.

“We are closely following the developments in Afghanistan. It concerns all of us. Any instability in Afghanistan will have an impact on the region. The international community has high expectations from the current regime in Afghanistan, which is adequately detailed in UNSCR 2593. are,” she said.

“India and the Kyrgyz Republic share a common vision for development in Afghanistan,” he said in a tweet.

Noting that India and the Kyrgyz Republic traditionally share close and cordial ties based on historical and civilizational ties, Shri Jaishankar said that periodic high-level exchanges between the two countries are aimed at strengthening and expanding the horizons of bilateral relations. have been useful.

“This morning I had a detailed and fruitful meeting with Foreign Minister Ruslan Kazakbayev on various aspects of our cooperation. We have an overall feeling that our bilateral relations are progressing very well,” he said.

He made a very positive assessment of defense exchanges and personnel training between the two countries during the discussions.

“Given our shared interest in maintaining peace and security in the region, defense and security cooperation occupies an important place in our relations. We have increased our defense exchanges and personnel,” the statement from the Ministry of External Affairs quoted Jaishankar as saying. Evaluated the training very positively.”

“We have agreed to continue cooperation in the fields of high altitude training and biomedical research. The conduct of the annual military exercise Khanjar is noteworthy despite the constraints of the COVID pandemic,” he said in the statement.

“Discussed early travel for Indian students and a more liberal visa regime. Positively reviewed our defense and security cooperation,” he tweeted.

Shri Jaishankar said that bilateral trade and investment is one area which requires concerted efforts from both the sides.

“We agreed to encourage our Chambers and business to work together while governments continue to play a facilitating role,” he said.

Shri Jaishankar said that the signing of the new Bilateral Investment Treaty in 2019 and the mutual agreement on the date of entry into force of the revised Protocol to the India-Kyrgyz Double Taxation Avoidance Agreement (DTAA) are important steps in that direction.

It added that connectivity, which is a major hindrance to bilateral trade, also figured prominently in the discussion.

“We believe that respect for sovereignty and territorial integrity is a prerequisite for any connectivity initiative,” he said.

Shri Jaishankar said that development cooperation is gradually emerging as an important pillar of cooperation between the two countries.

“Our telemedicine centers have helped connect Kyrgyz people in rural areas to medical facilities in cities,” he said.

As part of the evolving development partnership paradigm, the two countries agreed to explore joint-development projects in the areas of eco-tourism, jewellery-design, pharma, medicine, medical education, IT parks and data-banks.

India will also support the establishment of three more tele-medicine centers in Butken, Jalal-Abd and Chui regions of the Kyrgyz Republic, the statement said.

Both countries agreed to place greater emphasis on the preservation and promotion of cultural ties.

“On the multilateral front, our two countries support each other in other multilateral fora including the United Nations and SCO (Shanghai Cooperation Organization). We agreed to continue our tradition of constructive partnership in multilateral fora,” he said. .

Mr. Jaishankar said that he looks forward to meeting the President of the Kyrgyz Republic, Sadir Zaparov, and seek his guidance on further strengthening the otherwise excellent bilateral ties.

Shri Jaishankar also presented Indian epics and classics to the Manas-Mahatma Gandhi Library in Bishkek.

“Extremely happy to gift Indian epics and classics to the Manas-Mahatma Gandhi Library in Bishkek. Appreciate the leadership of Professor Turgunliev in strengthening our cultural collaboration,” he tweeted.

He also released a dictionary of common words in Hindi and Kyrgyz languages ​​along with Foreign Minister Kazakhbayev.

“Thanks to @iccr_hq (Indian Council for Cultural Relations) and Kyrgyz State Language Commission for this initiative,” he tweeted.

Praising the Kyrgyz landscape, Mr. Jaishankar said that the lakes and peaks provide excellent destinations for Bollywood productions.

He said that the stimulus package from Kyrgyzstan can open new avenues for Bollywood film shooting.

The Ministry of External Affairs said that Mr Jaishankar will be in Kazakhstan from October 11 to 12 to participate in the sixth ministerial meeting of the Conference on Dialogue and Confidence Building Measures in Asia (CICA).

Mr. Jaishankar will visit Armenia from October 12-13, during which he will hold meetings with his Armenian counterpart Ararat Mirzoyan and will call on Prime Minister Nikol Pashinyan.

According to the Ministry of External Affairs, his three-nation visit will be a continuation of India’s growing engagement with countries in their “extended neighbourhood”.

(Except for the title, this story has not been edited by NB staff and is published from a syndicated feed.)

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