India-Uzbekistan Current Affairs

India, Uzbekistan’s Andijan region ink agreement for cooperation in pharmaceutical industry

The Andijan Region of Uzbekistan and India have inked agreement for cooperation in pharmaceutical industry. Under it, both sides will develop cooperation in implementation of program for production of pharmaceutical, bio-pharmaceutical products and medical equipment in the Andijan region of Uzbekistan.

Background

Both countries had agreed to work together in principle on issue of creating Uzbek-Indian free pharmaceutical zone in Andijan region and start joint development of business plan for this project. They had agreed to work together on issue of attracting direct investments of Indian companies and Uzbek investors to create modern production facilities for production of pharmaceutical products and medicines with high value. This was to be done on basis of medicinal substances and medicinal plant raw materials, produced, but not limited, on created plantations in Uzbekistan.

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India, Uzbekistan ink pacts to boost cooperation

India and Uzbekistan have inked pacts to boost cooperation between their foreign offices and in the field of culture and tourism.

The agreements were signed after Prime Minister Narendra Modi and his counterpart Islam Karimov, Uzbekistan President had talks on key bilateral and regional issues.

This visit of Prime Minister Narendra Modi  was part of his first leg of strategic tour to 5 Central Asian countries (Uzbekistan, Kazakhstan, Turkmenistan, Kyrgyzstan and Tajikistan) and Russia.

Both nations discussed on following issues

  • Economic and Strategic ties: Enhance strategic, economic and energy ties along with reviewing key regional issues including the situation in Afghanistan.
  • Joint Working Group on Counter Terrorism: To intensify security cooperation and exchanges for combating terrorism, promoting regional integration and advancing stability in the region.
  • Defence and cyber security: Enhance cooperation in the fields of defence and cyber-security.
  • Uranium supply contract: Implement the contract which was signed in 2014 for supply of 2,000 metric tonnes of the Uranium from mineral-rich Uzbekistan to India.
  • Strengthening cooperation: In the areas of information technology, agriculture and energy.
  • International North South Transport Corridor (INSTC): India asked Uzbekistan to be part of INSTC similar to Ashgabat Agreement which is s a transit pact between Uzbekistan, Iran, Turkmenistan and Oman established in 2011.
  • It should be noted that INSTC is a ship, road and rail route for moving freight between India, Iran, Russia, Europe and Central Asia.

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