Kyrgyzstan To Get $200mn LoC From India

India has agreed to provide USD 200mn as a line of Credit support for developing Projects in Kyrgyzstan.

Highlights:

External Affairs Minister S Jaishankar and Kyrgyz Foreign Minister Ruslan Kazakbaev had agreed upon this Line of Credit.

Kazakhstan is the current Chair and initiator of the CICA Forum.

Jaishankar also has bilateral talks with the Deputy Prime Minister and Foreign Minister of Kazakhstan, Mukhtar Tileuberdi.

They also discussed liberal visa regimes between both the countries and liberal visa regimes between both the countries.
As India is developing its nuclear and Kazakhstan happens to have substantial uranium deposits, A strong relationship between the two countries is crucial.