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INDIA AND KYRGYZ REPUBLIC AGREE ON 200 MILLION US DOLLAR LINE OF CREDIT

INDIA AND KYRGYZ REPUBLIC AGREE ON 200 MILLION US DOLLAR LINE OF CREDIT

Context:

External Affairs Minister, Dr S. Jaishankar stated that he had cordial and constructive talks with Foreign Minister Ruslan Kazakbaev of the Kyrgyz Republic. He informed that they agreed on a 200 million US Dollar Line of Credit to support development projects. 

Key Highlights:

  • They concluded an understanding of executing high impact community projects.
  • Both the leaders discussed the need for early travel of Indian students and a more liberal visa regime. 
  • They reviewed defence and security cooperation positively. India and the Kyrgyz Republic have a shared approach to developments in Afghanistan.
  • Development cooperation is gradually emerging as an important pillar of cooperation between India and Kyrgyzstan.
  • India's telemedicine centres have helped Kyrgyz people in rural areas get connected to medical facilities in cities.
  • The provision of Bhabhatron in Bishkek has been useful in the diagnosis of cancers not only for residents of Bishkek but across the country.

Kyrgyz Republic:

  • It is commonly known as Kyrgyzstan.
  • It is a mountainous landlocked country in Central Asia.
  • It is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the south, and China to the east.
  • Its capital city is Bishkek.

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