Jaypee Group, the Uttar Pradesh-based infrastructure and energy conglomerate has signed an MoU with Kazakhstan's national agency for export and investment (KAZNEX INVEST) for collaboration in several areas of mutual interest. MoU was signed during visit of a delegation of Jaypee Group to Kazakhstan in end-February, 2017.
The delegation met with several Ministers, Kazakhstan state bodies, national and private companies in Almaty and Astana. Discussions were held on several projects including construction of roads, construction of dams for irrigation purpose, mining of coal and iron ore, privatization of one of the medical institutions to provide public health services with involvement of qualified Indian doctors, construction of IT-center in Kazakhstan etc.
Khanjar-IV: India-Kyrgyzstan held joint anti-terror exercises at Kok Jhangak, Kyrgyzstan in February-March, 2017. The Khanjar series of India-Kyrgyzstan military exercises has become an annual event. The Khanjar-II exercises were held in March 2015 in Kyrgyzstan and Khanjar-III in March-April 2016 in Gwalior. India and Kyrgyzstan are jointly constructing the Kyrgyz-Indian Mountain Training Centre in Balykchi in Kyrgyzstan. This Centre will provide instruction and training for personnel of Kyrgyz armed Forces as well as host Kyrgyz-Indian Joint Mountain training exercises.
On the occasion of 25 years of establishment of diplomatic relations, Kazakh Ambassador to India stated that Kazakhstan considers India as one of its most important partners. Focus today is on further developing economic ties and mutual investments. Trade turnover between Kazakhstan and India is second largest among post-Soviet states and exceeds the volume of all Central Asian states taken together. Agreement on avoiding double taxation is in place to promote business.
March 30, 2017