India and Kyrgyzstan sign 6 agreements in various fields
India and Kyrgyzstan have signed six Memoranda of Understanding (MoU)/ Agreements including in the fields of tourism, agriculture and food industry etc.
These agreements were signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Kyrgyzstan Almazbek Sharshenovich Atambayev in New Delhi. Besides, both leaders also issued joint statement.
Signed Agreements are
- MoU on cooperation in the field of Tourism
- MoU in the field of cooperation in youth exchange.
- MoU on cooperation in the field of Youth development
- MoU on exchange of information on training programmes of diplomats.
- Agreement on cooperation in the field of Agriculture and Food Industry.
- MoU on cooperation in the field of Broadcasting and exchange of audiovisual programmes.
Besides, both countries initiated talks to conclude a Bilateral Investment Treaty (BIT) in order to augment investments flowing between the two countries as it will protect the interest of investors.
India considers Kyrgyzstan as a valuable partner in common pursuit of making Central Asia a region of sustainable peace, stability and prosperity.
Highlights of Joint statement issued
Both countries have agreed on the need to coordinate and work closely in addressing and overcoming these challenges for the common benefit. They also reviewed cooperative engagement in the field of defence and sought to expand joint military exercises including the ‘Khanjar’ series of military exercises which has become an annual event. They also decided to build on the development cooperation including in capacity building and training. On economic ties both sides agreed to encourage engagement in healthcare, tourism, IT, agriculture, mining and energy.
Related Posts
Month: Current Affairs - December, 2016