India approves USD 200 million Line of Credit to support development projects in Kyrgyzstan

India has approved to provide a $200 million Line of Credit support for development projects in Kyrgyzstan, as External Affairs Minister S Jaishankar held “cordial and constructive” talks with his Kyrgyz counterpart Ruslan Kazakbaev on a wide range of bilateral and global issues, including Afghanistan.

The two nations also signed an MoU on High Impact Community Development Projects (HICDP)” to enable implementation of quick community development projects in various sectors for the benefit of common people under full grant funding by the Government of India.

It must be noted that External Affairs Minister S Jaishankar is on a four-day visit to Kyrgyzstan, Kazakhstan, and Armenia to further expand bilateral ties with the three Central Asian countries.