PIB | 04 Nov, 2022
Union
Minister of Commerce and Industry Piyush Goyal today called for enhancing
bilateral trade and deepening cultural relations between India and
Kyrgyz Republic.
He was addressing the 10th Session of the India-Kyrgyz
Republic Inter-Governmental Commission on Trade, Economic, Scientific
and Technological Cooperation (IKIGC).
The 10th session of IKIGC was held in a virtual format. It was
co-Chaired by Shri Piyush Goyal and Mr. Imanov Talantbek Oruskulovich,
Minister of Digital Development of the Kyrgyz Republic.
The talks were
held in a warm and friendly atmosphere.
Goyal noted that India and Kyrgyz Republic shared warm and friendly
ties. He said that India was among the first Nations to establish
diplomatic relationship with Kyrgyz Republic in March 1992 and observed
that 2022 marked the 30th anniversary of diplomatic relationships
between the two nations.
The Minister said that the visit of Prime Minister Shri Narendra Modi to
the Kyrgyz Republic in June 2019 had raised the relationship between
two nations to the level of strategic partnership.
The Minister pointed
out that there was immense potential for expansion of bilateral trade
between India and Kyrgyzstan.
He said that India was very enthusiastic
about participating in trade shows and exhibitions in Kyrgyztan and
invited Kyrgyztan to take part in trade expos in India.
Both
sides discussed mutual cooperation and steps to further enhance them in
the fields of Trade & Economy, Development Partnership, Investment,
Digitalization, Intellectual Property, Agriculture, Healthcare &
Pharmaceuticals, Textiles, Education, Environment, Standardization &
Metrology, Banking, Transport, Labour, Mining and Power sectors.
Emphasis was given to increase the bilateral trade and investment
opportunities.
The sides agreed to take necessary measures to increase
the interaction of exporters and importers of the two countries and
expand the trading basket.
A Protocol of the 10th session of the IKIGC was signed between India and
the Kyrgyz Republic. Both the sides agreed to hold the 11th session of
the IKIGC on a mutually convenient date.