India and Uzbekistan sign nine agreements to strengthen strategic partnership
Screen Grab (PMO India)
Prime Minister Narendra Modi and Uzbekistan President Shavkat Mirziyoyev have expressed their continued commitment to take India-Uzbekistan strategic partnership to a new and higher level. A Joint Statement issued yesterday after the virtual Summit held between the two leaders said, India and Uzbekistan have agreed to work towards an early conclusion of Bilateral Investment Treaty to facilitate investment promotion and protection for further improvement of trade and economic cooperation. The Indian side confirmed the approval of a 448 million US dollar 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 one billion US dollar Line of Credit offered by India for Central Asian countries during the second meeting of the India-Central Asia Dialogue.