हिंदी साहित्य: पेन ड्राइव कोर्स
This just in:

International Relations

India-Uzbekistan Virtual Summit

  • 12 Dec 2020
  • 8 min read

Why in News

In a recent virtual summit, India and Uzbekistan have deliberated on expanding bilateral ties aiming to expand cooperation in a range of areas, including new and renewable energy, digital technologies, cybersecurity and sharing of information.

  • The agreements also include cooperation on connectivity projects in Afghanistan and its peace process, trilateral dialogue with Iran, combatting terrorism, etc.

Key Points

  • Trade, Economic and Investment Cooperation:
    • Making efforts to achieve the mutually identified target of USD 1 billion for bilateral trade.
      • The current bilateral trade level of about USD 285 million (2018) is far below the potential.
    • Fast-track the conclusion of the ongoing Joint Feasibility Study that will pave the way for the commencement of negotiations on a Preferential Trade Agreement.
    • Early conclusion of the Bilateral Investment Treaty which shall facilitate investment promotion and protection for further improvement of trade and economic cooperation.
      • The sides noted the prospects for greater opportunities in the free economic zones of the two countries, including in the Uzbek-Indian free pharmaceutical zone in the Andijan region (eastern part of the Fergana Valley in far eastern Uzbekistan).
    • Uzbekistan welcomed the opportunities in India for investing/manufacturing under the ‘Make in India’ programme.
  • Development Cooperation:
    • India confirmed the approval of a USD 448 million Line of Credit for four developmental projects in Uzbekistan in the areas of road construction, sewerage treatment and information technology.
  • Defence and Security:
    • Appreciated the enhanced pace of bilateral defence cooperation since the convening of the first meeting of Joint Working Group on Defence Cooperation in February 2019.
    • Welcomed the holding of the “Dustlik 2019”, first-ever joint military exercises in November 2019.
    • Agreed to further strengthen cooperation between the law enforcement agencies and special services of the two countries, including under the framework of the Uzbekistan-India Joint Working Group on Counter-Terrorism.
  • Civil Nuclear Energy:
    • Welcomed the conclusion of the bilateral agreement between the Global Centre for Nuclear Energy Partnership (GCNEP) India and the Agency for Development of Nuclear Energy, Uzbekistan.
      • GCNEP is the sixth research and development (R&D) unit under the aegis of Department of Atomic Energy (DAE) and helps in capacity building, in association with the interested countries and the International Atomic Energy Agency (IAEA).
  • Connectivity:
    • Reiterated continued commitment for enhancing connectivity between India and Uzbekistan and in the larger Central Asian region to bolster trade and investment.
    • India welcomed the proposal to hold trilateral dialogue among India, Iran and Uzbekistan to promote connectivity through the Chabahar port.
    • India also requested Uzbekistan to consider joining the International North-South Transport Corridor (INSTC) which would add to the overall improvement of connectivity in the larger Eurasian space.
  • Culture, Education and People-to-People Contacts:
  • Terrorism:
    • Strongly condemned terrorism in all its forms and manifestations and reaffirmed the determination to combat this menace by destroying terrorist safe-havens, networks, infrastructure and funding channels.
    • Also underlined the need for every country to ensure that its territory is not used to launch terrorist attacks against other countries and called for early finalisation of a Comprehensive Convention on International Terrorism (CCIT).
  • Afghanistan:
    • Called for the settlement of the Afghan conflict on the principle of Afghan-led, Afghan-owned and Afghan-controlled peace process and expressed unanimity in support for a united, sovereign and democratic Islamic Republic of Afghanistan.
  • Reformed Multilateralism:
  • Covid-19 Pandemic:
    • Emphasized the need for bilateral and global cooperation to continue the fight against the pandemic including development and distribution of effective vaccines and other medicines.
    • Uzbekistan thanked India for the assistance rendered to Uzbekistan in its fight against the pandemic and India reaffirmed its continued commitment.

Way Forward

  • Agreements reached during various bilateral visits have strengthened cooperation between India and Uzbekistan in diverse sectors such as political, trade and investment, defence, security, counter-terrorism, science and technology, nuclear energy, space, information technology and have promoted cultural and academic linkages.
  • Both countries thanked each other for the productive discussions held during the virtual summit and expressed confidence that the understandings and agreements will further deepen the strategic partnership between the two countries for the well-being of their peoples and mutual prosperity.

Source: TH

SMS Alerts
 

Please login or register to view note list

close

Please login or register to list article as bookmarked

close
 

Please login or register to make your note

close

Please login or register to list article as progressed

close

Please login or register to list article as bookmarked

close