India support Kyrgyzstan

12 Oct India support Kyrgyzstan

• According to External Affairs Minister (EAM), S Jaishankar, India has agreed on USD 200 million Line of Credit support for the developmental projects in Kyrgyzstan.

Key Facts

• This line of credit was agreed upon after meeting between EAM S. Jaishankar and Kyrgyz Foreign Minister Ruslan Kazakbaev in Bishkek.
• Kazakhstan is the current Chair and initiator of CICA Forum.
• Jaishankar is also expected to hold bilateral talks with Deputy Prime Minister and Foreign Minister of Kazakhstan, Mukhtar Tileuberdi.
• During the meeting, Jaishankar also discussed the need of early travel of Indian students and liberal visa regime between both the countries.

India-Kyrgyz Republic Relations

• Diplomatic relations between India and Kyrgyz Republic Relations have become more significant in the 21st century.
• Initially in 1990s, it has remained passive. Both the countries seek to develop an extensive commercial and strategic partnership in Central Asia region.
• India recognised independence of Kazakhstan from the Soviet Union after Soviet Union got dissolved in 1992.
• In recent years, India is working towards increasing its commerce and strategic ties with Kazakhstan.
• Kazakhstan is significant because it occupies a major territory in Central Asia comprising of extensive oil, natural gas and mineral reserves.
• India seeks to expand its ties in the backdrop of increasing economic & strategic influence of China.

India-Kazakhstan Energy Cooperation

• India is working for the development of nuclear energy industry as a clean alternative for satisfying its huge energy needs. Kazakhstan has huge uranium required for nuclear energy. Thus, India is developing a strong relationship with Kazakhstan.

yojna ias daily current affairs 12 Oct 2021

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