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.