Agreement between Centre for Development of Advanced Computing and L.N. List of Bilateral International Agreements signed between India and Kazakhstan (2014- till now):ġ. Zhalgasbayev noted the high achievements of India in the development of the world pharmaceuticals market and called on Indian companies to actively cooperate with Kazakhstani enterprises. Talking of the investment cooperation in the field of pharmaceuticals between Kazakhstan and India earlier, Kazakhstan Envoy to India, N. Humanitarian Aid:Īs a part of global assistance to support India during the COVID-19 second wave in the country, Kazakhstan sent 5.6 million medical aid (masks/respirators) to India earlier in May 2021. While on the other hand, India-Kazakhstan cooperation in the energy sector, trade, economic, investment, transport & connectivity, agriculture, information technology, space, healthcare, cultural spheres, and mineral resources hold a bright future.Įarlier during the 13th meeting of the Indo-Kazakhstan Intergovernmental Commission, India expressed interest in expanding hydrocarbon cooperation including the cooperation in the field of delivery of nuclear fuel and components. However, the Ambassador of Kazakhstan to India later in the year 2019 said, India will finalize to renew its pact with Kazakhstan for the supply of uranium from 2020 to 2024. Later in July 2015, Kazatomprom signed an agreement with India’s Department of Atomic Energy to supply 5000 tU to India over the period 2015-2019. According to reports, India sources nearly 80 percent of its uranium requirement from Kazakhstan (as of the year 2019).Īccording to the data, in 2009 Kazatomprom signed an agreement with India’s Nuclear Power Corporation (NPCIL) to supply 2100 tonnes of uranium to India. Kazakhstan holds great significance to India especially in terms of energy resources and its economic potential and also due to its geo-strategic location.įrom the perspective of energy resources, Kazakhstan is the world’s largest producer of Uranium. Surrounded by the Caspian Sea in the west to Russia in the North and China in the East, Kazakhstan the largest country in Central Asia and the ninth largest country in the world asserts great strategic importance. Strengthening the ties, a Joint Business Council (JBC) was established by FICCI and the Chamber of International Commerce of Kazakhstan to promote trade, economic, and investment cooperation between the two countries. It is pertinent to note that as of 2020, about 700 legal entities and branches with the participation of Indian capital are registered in Kazakhstan. According to the data, trade turnover between Kazakhstan and India in 2019 amounted to $ 1.9 billion, which is 46% higher than for the same period of the previous year. Kazakhstan is India’s largest trading partner in Central Asia. Of the five Central Asian countries speaking of India-Kazakhstan relations, India was one of the first countries to recognize the independence of Kazakhstan in the year 1991 followed by the establishment of diplomatic relations between both countries in the year 1992. India and Central Asia share longstanding historical, cultural, political, and economic relations. However, no official announcement has been made in this regard. The announcement to hold the Summit followed, as the Government decided to go ahead with the Republic Day celebrations after the rising COVD-19 cases in the country canceled the visit of the leaders of five central Asian nations as the Chief Guests. During the high-level meeting, the leaders are expected to discuss the evolving regional security situation in the context of the deteriorating security situation in Afghanistan. Prime Minister Narendra Modi will, be hosting the first of its kind engagement between India and Central Asian countries (Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan) in a virtual format on January 27, 2022.Īccording to the Ministry of External Affairs, during the first India-Central Asia Summit, the leaders are expected to discuss steps to take forward India-Central Asia relations to newer heights. In a major push towards its extended neighborhood policy, India will host the first meeting of the India-Central Asia Summit. India to hold first India-Central Asia Summit The thirty years of diplomatic ties between India and Kazakhstan fall in line with the Government’s decision to hold the first India-Central Asia Summit. The partnership between both nations has grown dynamically across the whole spectrum of cooperation. Kazakhstan the largest economy in Central Asia to mark the 30th anniversary of diplomatic relations with India in February 2022.
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