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India to give $200mn LoC for development projects in Kyrgyzstan: Jaishankar

October 11, 2021 02:21 PM

Bishkek (Kyrgyzstan)/New Delhi, External Affairs Minister S. Jaishankar, who is in the Kyrgyz capital on a two-day visit, on Monday said India has agreed on a US $200 million Line of Credit to support development projects in that country.

This he announced after holding cordial and constructive talks with his Kyrgyz counterpart Ruslan Kazakbaev. The two sides also concluded an understanding on executing high impact community projects, and reviewed their defence and security cooperation.

In a series of tweets, he said: “Cordial and constructive talks with FM Ruslan Kazakbaev of Kyrgyz Republic.

“Agreed on USD 200 million LoC to support development projects.

“Also concluded an understanding on executing high impact community projects.

“Discussed need for early travel of Indian students and more liberal visa regime.

“Reviewed our defence and security cooperation positively.

“India and Kyrgyz Republic have a shared approach to developments in Afghanistan,” he posted.

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