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Foreign Ministers of Central Asian Countries welcome one billion dollar Line of Credit by India for development in region

The second meeting of the India-Central Asia Dialogue was held in the digital video-conference format yesterday under the chairmanship of the External Affairs Minister Dr. S. Jaishankar.

The Foreign Minister of Central Asian Countries welcomed the provision by India of one billion US dollar Line of Credit for priority developmental projects in fields such as energy, IT, healthcare, education and agriculture in the region. The second meeting of the India-Central Asia Dialogue was held in the digital video-conference format yesterday under the chairmanship of the External Affairs Minister Dr. S. Jaishankar.

Foreign Ministers of Kazakhstan, Tajikistan, Turkmenistan and Uzbekistan as well as First Deputy Foreign Minister of the Kyrgyz Republic participated in the meeting. According to the Joint Statement of the meeting, the Ministers emphasized the need to continue close cooperation between the Sanitary and Epidemiological Services of India and the Central Asian countries in the fight against COVID-19 pandemic.

The statement added that the Ministers emphasized the importance of concerted efforts to further expand trade and economic cooperation including promoting direct ties between the businesses of India and the Central Asian countries. The Ministers appreciated India’s efforts to modernize the infrastructure of the Chabahar port in Iran, which could become an important link in trade and transport communications between the markets of Central and South Asia.

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