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INDIA – UZBEKISTAN
Virtual Summit

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 NEWS ARTICLE
Joint Statement on India-
Uzbekistan Virtual SOURCE IS
Summit
RELATED TO

GS – II – INTERNATIONAL RELATIONS
 1st Bilateral Virtual Summit
• A Virtual Summit held between Prime Minister
Shri Narendra Modi and President of
Uzbekistan Shavkat Mirziyoyev on 11
December 2020.
• This will be the first bilateral ‘Virtual Summit’
meeting between India and a Central Asian
PM PRESIDENT
country. The leaders will discuss the entire Namo Shavkat Mirziyoyev
spectrum of bilateral relationship, including
strengthening of India-Uzbekistan cooperation
in the post-COVID world. They will also
exchange views on regional and global issues
of mutual interest.
• India and Uzbekistan have continued to
maintain high level exchanges in the recent
past.
• The visits of Prime Minister Modi to Uzbekistan
in 2015 and 2016 and President Mirziyoyev to
Currency
India in 2018 and 2019 have imparted a new Uzbek som (UZS) PM
dynamism to the strategic partnership. Abdulla Aripov
 What agreements signed during this Summit ?

• The Indian side confirmed the approval of USD

448 million of Line of Credit to be extended by
India for four developmental projects in
Uzbekistan in the fields of road construction,
sewerage treatment and information technology.
The Indian side reiterated its commitment to
further deepen the development partnership
between India and Uzbekistan, including under
the framework of India-Central Asia dialogue.

• The Uzbek side conveyed its desire to explore the

possibility of implementing priority developmental
projects in Uzbekistan as part of the USD 1 billion
Line of Credit offered by India for Central Asian
countries during the 2nd meeting of the India-
Central Asia Dialogue.

• Both Sides welcomed the deepening of their

bilateral civil nuclear cooperation, in particular,
the conclusion of the bilateral agreement between
the Global Centre for Nuclear Energy Partnership,
India and the Agency for Development of Nuclear
Energy, Uzbekistan.
 MoUs related to Andijon region ?

• 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.
• The Uzbek side welcomed the opportunities in India for investing
/ manufacturing under the ‘Make in India’ flagship programme of
Government of India.
• The leaders agreed to strengthen mutual cooperation in the field
of science, technologies and innovation by enhancing direct
cooperation between government organizations, research
institutes, innovation centres and technological enterprises of
two countries.
• The leaders highlighted the productive outcomes in the form of
23 B2B and G2G agreements and MoUs concluded during the B2B (Business-To-Business)
B2B is a commercial activity (business) between
visit of the business delegation from Gujarat led by Chief
two companies. So the clients of one enterprise
Minister Shri Vijay Rupani to Andijon in October 2019 and the are other companies. The use of internet
return visit of an Uzbek business delegation to Gujarat in technologies in the commercial communication of
November 2019 within the framework of cooperation established enterprises creates new business connections,
speeds up transactions, facilitates the process of
between Gujarat and Andijon region. purchasing and selling goods, materials,
• The Sides agreed to follow up on various investment projects equipment, and products.
identified during these visits, in particular, in the fields of
pharmaceuticals, agriculture, textiles, gems & jewellery,
G2G (Government-To-Government)
information technology and others. The Sides agreed to G2G is commerce between government
encourage the development of direct contacts between more authorities and institutions.
States of India and the regions of Uzbekistan.
Trade route to Central Asia and INSTC
 CURRENT AFFAIRS
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