India will allocate to Kyrgyzstan $200 million for the development of small and medium business

PHOTO : website of the President of the Kyrgyz Republic


India will allocate to Kyrgyzstan $ 200 million for the development of small and medium-sized businesses. This is today agreed Kyrgyz President Sooronbai Jeenbekov and Prime Minister Narendra modi.

Modi visited Bishkek on an official visit and took part in the SCO summit. Following the talks, the sides signed 11 documents. Chief among them is the Declaration on strategic partnership.

“Today, the annual trade turnover between Kyrgyzstan and India is 37 million dollars. It is obvious that trade and economic ties should be expanded. I am confident that the documents signed today will serve as a basis for this. Today we talked about cooperation in the energy sector, mining sector and especially in agriculture, because our agricultural the country,” said Jeenbekov.

“India and Kyrgyzstan cooperate closely within international organizations. We have similar views on many international issues, cooperation in the military sphere. When I return to India, I will personally encourage entrepreneurs of our country to pay attention to the mining and transport sectors of Kyrgyzstan”, – said in turn modi.

By the decision of the leaders of 2021 will be declared the Year of friendship and culture of Kyrgyzstan and India.