Friday, July 3, 2020
ADVT 
International

PM Modi Announces USD 200 Million Line Of Credit For Kyrgyzstan

Darpan News Desk IANS, 14 Jun, 2019

    Prime Minister Narendra Modi on Friday announced a USD 200 million line of credit for Kyrgyzstan after wide-ranging talks with Kyrgyz President Sooronbay Jeenbekov as the two sides upgraded their ties to the strategic partnership level and signed 15 agreements, including one to eliminate double taxation.


    Prime Minister Modi and President Jeenbekov held one-on-one restricted meeting followed by a delegation-level talks during which the two sides discussed on stepping up their bilateral engagement to the next level and exploring new areas of cooperation.


    Later at a joint press statement, Modi announced the USD 200 million line of credit for Kyrgyzstan and said the two sides have decided to upgrade their ties to the strategic partnership level.


    Prime Minister Modi also said the two sides have prepared a five-year road map to increase the bilateral trade.


    He said the two countries share views on several issues and they have signed 15 agreements, including on the Double Taxation Avoidance Agreement (DTAA).


    They also signed the Bilateral Investment Treaty (BIT), MoUs in the field of Health, security, defence and Information and Communication Technology.


    Prime Minister Modi emphasised on the counter-terror cooperation between the two sides and said terrorism cannot be justified in any manner.


    “We are together in fight against terrorism, it is imperative to give out a message to the world that terrorism will not be tolerated at any cost,” he said.


    Earlier, Prime Minister Modi was accorded a red carpet welcome at the Ala Archa Presidential Palace here.


    “India & Kyrgyzstan are now strategic partners! In a major outcome of the visit, both countries have decided to add strategic dimension to our ties to boost our relationship in defence & security, trade & investment, health, education & development cooperation, among other areas,” External Affairs Ministry spokesperson Raveesh Kumar tweeted after the talks between the two leaders.


    Modi arrived in the Kyrgyz capital on Thursday for the two-day Shanghai Cooperation Organisation (SCO) Summit.


    The SCO is a China-led 8-member economic and security bloc with India and Pakistan being admitted to the grouping in 2017.

     

    MORE International ARTICLES

    PM Modi, Imran Khan Exchange Pleasantries In Bishkek

    Amid the deep chill in bilateral ties, Prime Minister Narendra Modi and his Pakistan counterpart Imran Khan exchanged pleasantries on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit here on Friday

    PM Modi, Imran Khan Exchange Pleasantries In Bishkek

    Gold Coast-Based Indian Mother Madhuri Soni Launches Series Of Kids' Books On 'Vedic Heroes'

    A mother of two has launched a new series of illustrated books for children who are curious about Indian gods and goddesses.

     

     

    Gold Coast-Based Indian Mother Madhuri Soni Launches Series Of Kids' Books On 'Vedic Heroes'

    Modi Hai To Mumkin Hai: Mike Pompeo Hails Leader Of World's Most Populous Democracy

    US Secretary of State Mike Pompeo praised Indian Prime Minister as a "new kind of leader for the world's most populous democracy", and quoted Narendra Modi's election slogan in Hindi, "Modi hai to mumkin hai" ("Modi makes it possible"), at a summit here.

    Modi Hai To Mumkin Hai: Mike Pompeo Hails Leader Of World's Most Populous Democracy

    Meet The Italian Designer Who Is A Silicon Valley Icon

    In fact, a delegation from the Silicon Valley, including Amazon's Jeff Bezos, LinkedIn co-founder Reid Hoffman and Dropbox co-founder and CEO Drew Houston, recently went all the way to Italy's hillside hamlet of Solomeo for a meeting with the fashion designer.

    Meet The Italian Designer Who Is A Silicon Valley Icon

    India, China 'Do Not Pose Threats' To Each Other: Xi Jinping To PM Modi

    India, China 'Do Not Pose Threats' To Each Other: Xi Jinping To PM Modi

    In a statement, the Chinese Foreign Ministry in Beijing said that President Xi Jinping told PM Narendra Modi that India and China should deepen co-operation by properly handling differences and called for strengthening Confidence Building Measures to maintain stability at the border.

     

    India, China 'Do Not Pose Threats' To Each Other: Xi Jinping To PM Modi

    Scale Of Indian Market Allowing Google To Develop New Products: Sundar Pichai

    Sundar Pichai also said that India and the US can lead on standardisation of privacy frameworks

    Scale Of Indian Market Allowing Google To Develop New Products: Sundar Pichai

    PrevNext