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India gives 200 million dollar line of credit to Kyrgyzstan : PM Modi

ANI  |  General News 

on Friday announced a 200 million dollar line of credit to after wide-ranging talks with in Bishkek. He said that this will ensure India's increasing participation in business, development and economy of

"I am happy to give a proposal of 200 million dollar line of credit to Kyrgyzstan which will ensure India's increasing participation in business, development and economy of Kyrgyzstan," said Modi.

held delegation-level talks with of Kyrgyzstan, in Bishkek.

"There are so many similarities between and Kyrgyzstan Republic that I feel at home here. I congratulate you for successful completion of SCO summit. and Kyrgyzstan republic are friends since last many centuries and it is reflected in your 'Manas' and India's 'Ram Charitra Manas' which shows our cultural affinity," said Modi.

Modi is on a two-day visit to Kyrgyzstan and attended the (SCO) Summit.

"In modern times, we will cooperate in every field of bilateral relations, and we are going to take a historic decision today, we have decided to take our relations to strategic partnership level, it will shape the bright future of our relation," he said.

"We will strengthen and increase our relation in the defence and security field. In the present arrangement of our concessional line of credit, we are committed to contributing as per the requirement of Kyrgyzstan," said Modi.

Modi on Friday invited Kyrgyz businesses to invest in India, saying the country has a huge market and is determined to become a five trillion dollar economy in the next five years.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 14 2019. 21:23 IST
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