India, Uzbekistan sign agreement on uranium import

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India and Uzbekistan signed an agreement on importing uranium from the
Central Asian nation following a bilateral meeting between Prime
Minister Narendra Modi and Uzbek President Shavkat Mirziyoyev on the
sidelines of the Vibrant Gujarat Global Summit 2019 here on Friday.

The
two sides also signed an agreement for a line of credit of $200 million
from India for financing housing and social infrastructure projects in
Uzbekistan.

“Both leaders witnessed the exchange of the contract
between the Department of Atomic Energy of India and the Novoi Minerals
and Metallurgical Company of the Republic of Uzbekistan on long-term
supply of uranium ore concentrate for India’s energy requirements,” the
External Affairs Ministry said in a statement.

It stated that
Modi expressed his satisfaction on the progress and implementation of
various decisions taken during the state visit of Mirziyoyev to India in
2018.

Referring to the memorandum of understanding (MoU) on
cooperation between Gujarat and the Andijan region of Uzbekistan signed
during the state visit, Modi expressed the hope that as a result of
President Mirziyoyev’s visit, the relationship between Uzbekistan and
India and region-to-region cooperation between Andijan and Gujarat would
be further strengthened.

To attract investments in the
pharmaceutical sector, an Uzbek-Indian Free Pharmaceutical Zone is being
developed in the Andijan region, which is on the southeastern side of
Uzbekistan, near its border with Kyrgyzstan.

Pharmaceutical
products, mechanical equipment, vehicles, services, optical instruments
and equipment are India’s major exports to Uzbekistan.

India
imports fruit and vegetable products, services, fertilisers, juice
products, extracts and lubricants from the Central Asian nation.

Mirziyoyev
informed Modi that Uzbekistan attaches high priority to attracting
investments from India and mentioned the sectors of IT, education,
pharmaceuticals, healthcare, agri-business and tourism as some of the
priority areas for Uzbekistan’s prospective cooperation with India.

Modi
also thanked President Mirziyoyev for his support for the first-ever
India-Central Asia Dialogue held at the level of foreign ministers in
Samarkand, Uzbekistan on January 12-13 where important discussions took
place on supporting peace and development efforts in Afghanistan.

Prior
to his talks with Mirziyoyev, Modi held a meeting with Prime Minister
Malta Joseph Muscat who has also come to participate in the Vibrant
Gujarat Summit.

“Discussed growing economic linkages and agreed
to enhance mutual cooperation in sectors such as renewable energy,
pharmaceuticals and healthcare, air connectivity and tourism,” External
Affairs Ministry spokesperson Raveesh Kumar tweeted.

 newindianexpress



India, Uzbekistan sign agreement on uranium import