India-Central Asia Dialogue Current Affairs - 2019
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Indian Prime Minister Narendra Modi and Uzbek President Shavkat Mirziyoyev held a bilateral meeting on the sidelines of the Vibrant Gujarat Global Summit 2019.
Important Outcomes of the Bilateral Meet
- An agreement for importing uranium from Uzbekistan was signed.
- An agreement for a line of credit of $200 million from India for financing housing and social infrastructure projects in Uzbekistan.
The agreement for the supply of Uranium was signed between the Department of Atomic Energy of India and the Novoi Minerals and Metallurgical Company of the Republic of Uzbekistan on the long-term supply of uranium ore concentrate for India’s energy requirements.
The bilateral meet also expressed satisfaction over the memorandum of understanding (MoU) on cooperation between Gujarat and the Andijan region of Uzbekistan signed during the state visit of President Mirziyoyev to India in 2018.
Trade relations between India and Uzbekistan
India’s major exports to Uzbekistan include Pharmaceutical products, mechanical equipment, vehicles, services, optical instruments and equipment.
India imports include fruit and vegetable products, services, fertilisers, juice products, extracts and lubricants from the Central Asian nation.
An Uzbek-Indian Free Pharmaceutical Zone is being developed in the Andijan region, which is on the southeastern side of Uzbekistan, near its border with Kyrgyzstan to attract investments in the pharmaceutical sector.
During the Bilateral meet, India thanked Uzbekistan for the support in organising the first-ever India-Central Asia Dialogue held at the level of foreign ministers in Samarkand, Uzbekistan.
Tags: Gujarat • India • India-Central Asia Dialogue • President • Prime Minister
The first India-Central Asia Dialogue will be held in Samarkand, Uzbekistan on January 12 and 13. The Dialogue will be co-chaired by External Affairs Minister (EAM) Sushma Swaraj and the Foreign Minister of Uzbekistan, Abdulaziz Kamilov.
The Foreign Ministers of Kyrgyz Republic, Tajikistan, Turkmenistan and Kazakhstan will participate in the event. The Foreign Minister of Afghanistan will participate in the dialogue as a special invitee for the session dedicated to connectivity issues in the region.
Objective of the Dialogue
India and the Central Asian countries are bound together through shared history and cultural linkages. The objectives of the first India-Central Asia Dialogue are:
- To enhance their cooperation in wide-ranging spheres including exploring ways to substantially enhance India’s economic involvement in business and development sector of Central Asia.
- Developing viable connectivity options between India and Afghanistan and Central Asia to further facilitate trade and economic activity in the region.
- Strengthen India’s engagement, including political, economic, development partnership and cultural, with all the Central Asian countries and take it to a new level.
The first India-Central Asia Dialogue aims at taking forward the bilateral relations which have strengthened following the Prime Minister Narendra Modi’s visit to all the five Central Asian nations – Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan – in 2015 and the EAM’s tour across the region in August 2018.