Foreign Minister S Jaishankar met his counterparts from Turkmenistan, Kazakhstan, Tajikistan and Kyrgyz Republic here on Thursday and discussed ways to promote India’s cooperation with these Central Asian countries.
The Ministry of External Affairs said that India is hosting the fourth edition of the Central Asia Dialogue, which is for a close, comprehensive and strong partnership with the region.
DAIS leaders said Kazakhstan Deputy Prime Minister and External Affairs Minister Murti Nuralu, Foreign Minister of Kyrgyz Republic of Foreign Minister Jeanbek Kulubayev, Tajikistan Foreign Minister Sirojidin Muradin, Turkmenistan’s Foreign Minister Rashid Meerdov and Uzbekistan Foreign Minister Bakhtiyor. The minister is participating in the conclusion to be held in Delhi on Friday.
Addressing the foreign ministers at the India-Sentral Asia Business Council on Thursday, Jaishankar said: “India’s trade and economic relations with Central Asia in the last decade have really shown a very strong positive tendency. Mutual trade in 2014 was less than $ 500 million in 2014 … Now a trade quantity that is touching about $ 2 billion.”
Eam asked to deepen the current cooperation in terms of both “quantity and quality”. He also said that he needs to “diversify trade baskets” and introduce more stability and more forecast in economic negotiations and means that more long-term contracts and arrangements, cross investment, joint enterprises and energy such as field-shaped uranium, crude oil, gas, coal or fertilizer.
Demanding the digital economy and innovation, the EAM stated that e-commerce platforms, blockchain, cross-border digital payments are changing in the way the world interactions, trades and impacts will be ready to make partners on platforms like UPI, Aadhaar, Digilarkar with payments and India Central Asian partners.
In the field of financial services, Jaishankar said that close busyness between banks and financial sector will strengthen economic negotiations. And he said that they can provide mutual disposal of business in national currencies.
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On Healthcare and Pharma, he said that India supplies about 60 percent of generic drugs globally, calls for cooperation between drug regulators and hospitals, clinics and clinical centers as well as the supply of medical equipment and equipment.
Jaishankar also picked to improve connectivity through the Instc (International North South Transport Corridor). Jaishankar said that more use of Chabahar port will definitely reduce the distance and cost of travel.
“I definitely hope that we will get it on time because in some time we want to see a leader between India and Central Asian five in such a distant future,” he said.
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