Study Material | Test Series
Drishti IAS
call1800-121-6260 / 011-47532596
Drishti The Vision Foundation
(A unit of VDK Eduventures Pvt. Ltd.)
prelims Test Series 2019
अंग्रेज़ी सीखने का अवसर (कक्षा प्रारंभ : 5 अक्तूबर, शाम 6 से 8)
12th India-Kazakhstan Inter-Governmental Commission Meeting
Jun 24, 2015

12th Meeting of the India-Kazakhstan Inter-Governmental Commission on Trade, Economic, Scientific, Technical Industrial and Cultural Cooperation was recently concluded in New Delhi. There were substantive and productive discussions covering all aspects of bilateral relations between India and Kazakhstan. Both countries reviewed developments since the last meeting of IGC in Astana in April 2014 and also discussed various ideas and proposals to further strengthen our bilateral relationship. 

♦ Cooperation in the energy sector was a major focus of the deliberations. ONGC Videsh is working in collaboration with the state energy company of Kazakhstan KazMunaiGaz on the Satpayev block. There has been satisfactory progress on this project. Exploratory drilling might be commenced early next month. 

♦ Both sides are keen to expand cooperation in the area of hydrocarbons. Various proposals are currently under discussions between the two sides. 

♦ Both countries also agreed to conduct a feasibility study on transportation of crude oil and gas from Kazakhstan to India via pipeline or as LNG. 

♦ Kazakhstan and India also reviewed developments in trade and investment. 

♦ It was decided that they would work together within the framework of the Joint Study Group to consider the feasibility of a comprehensive economic partnership agreement between India and the Eurasian Economic Union, of which Kazakhstan is a member. 

♦ Both countries also discussed a range of mutual investment proposals. 

♦ There were very useful discussions on transport and logistics linkages. India and Kazakhstan have decided to establish a Joint Working Group on connectivity which would look at all aspects of this issue. 

♦ With the opening of the rail link between Iran-Turkmenistan and Kazakhstan, both countries will explore the possibility of this route being developed as a linked corridor to the International North South Transport Corridor (INSTC). 

♦ Cooperation initiatives in various other sectors such as including Health, Pharmaceuticals, Agriculture, Tourism, Civil Aviation, Mining, Textiles as well as Sports were also discussed.

Helpline Number : 87501 87501
To Subscribe Newsletter and Get Updates.