12 Oct 2021 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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