For priority projects India extends a grant of 1 billion dollars for Central Asian countries

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Indian countries reported on Wednesday that a 1 billion USD credit line will be used to extend the partnership with the resource-rich area and resolve the common threat of extremism and extrinsic to establish “priority” infrastructure projects in Central Asian countries.

In the second meeting of the India Central Asia Dialog, India announced financial assistance in terms of a hundred main concerns and forms of broadening collaboration between both sides. The announcement was made by India.

The virtual meeting was headed by Minister of Foreign Affairs S Jaishankar and his counterparts from Kazakhstan, Tajikistan, Turkmenistan and Uzbekistan participated. The acting foreign minister of Afghanistan also took part in the Kyrgyz Republic, represented by his first deputy foreign minister.

‘The Central Asian ministers welcomed India’s credit line of $1 billion for main development projects in areas such as connectivity, electricity, IT, health, education, agriculture, etc.,’ said a joint statement following the talks.

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The joint declaration denounced the terrorist attacks in all their forms and dimensions firmly and reaffirmed their countries’ commitment to tackle the danger of destruction of terrorist havens, networks, infrastructures, and financial outlets.

“We stressed that all countries must ensure that their territories are not used to launch terrorist attacks on the rest of the world,” she said.

Central Asian featured

Jaishankar spoke in his address about ‘common viewpoints’ on opportunities and challenges and listed the mutual views on different regional and international issues.

‘These commonalities make us a natural partner on our growth path’ he says. ‘We face common threats from terrorism, violence, and drug abuse, and such other problems.

We share shared geography, which facilitates the continuous exchange of people, ideas, and goods in both directions and leaves indelible imprints on our customs, practices, or languages. “He said:” We consider Central Asia to be an enlarged Indian neighborhood.

The ministers have demanded the resolution of the Afghan conflict in compliance with the concept of the mechanism of reconciliation under Afghan leadership.

“Through the implementation of infrastructure, electricity, transit and transport projects, the ministers expressed their interest in enhancing cooperation to develop, economic reconstruction in Afghanistan,” said the release.

It also emphasizes the maintenance of Afghan socio-economic progress and political advances over the last 19 years and the extension of its assistance for the Independent, Autonomous and the Democratic Republic of Afghanistan.

During the talks, the Ministers also emphasized the importance of interconnections between India and the Central Asian countries in increasing exchange and exchange and of people-to-people contacts.

“The ministers have continued their involvement in further improving their country’s transit and transportation capacity, strengthening their region’s logistics network and facilitating collaborative efforts to develop regional and international transportation corridors,” said the document.

“The Central Asian ministers appreciated the efforts of India in this respect to modernize port infrastructure in Iran, which could become a crucial link in Central and South Asian trade and transport communications,” it said.

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