USD 200 million line of credit

India Announces $200 Million Line of Credit for Kyrgyzstan; Inks 15 Pacts

India Announces $200 Million Line of Credit for Kyrgyzstan; Inks 15 Pacts

  • Prime Minister of India Shri Narendra Modi has announced USD 200 million line of credit for Kyrgyzstan on June 14, 2019 during India-Kyrgyz Business Forum in Bishkek in a move to upgrade their ties to the Strategic Partnership level.
  • The two countries also signed 15 agreements in various fields including on the Double Taxation Avoidance Agreement (DTAA), Bilateral Investment Treaty (BIT), MoUs in the field of Health, security, defence, counter-terrorism and Information and Communication Technology among others.
  • PM Modi was on two days visit to Bishkek, Kyrgyzstan to attend Shanghai Cooperation Organisation (SCO) Summit.

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