On the first State Visit to India by a President of your country after a gap of 13 years, knowing that India-Kyrgyz will be celebrating silver jubilee of their diplomatic ties in the year 2017; Almazbek Atambaev, President of Kyrgyz Republic, one the eve of the India and Kyrgyz Republic Business Forum assured the Indian business community that e-visas will soon become a reality which would allow business and investments from India to thrive.
Speaking at the ‘India and Kyrgyz Republic Business Forum’ organized by FICCI jointly with CII and ASSOCHAM, Atambaev said that the key to the gate of Central Asia is Kyrgyzstan. The current bilateral trade between India and Kyrgyzstan stands at US$ 26.9 million in 2015-16, which is much below the potential. Therefore, India should explore various sectors to expand the horizon of bilateral commerce and trade between the two countries, he said.
He said that Kyrgyzstan was emerging as a haven for trade and investment with new business-friendly measures and adoption of revamped laws from January 1, 2017. Besides, the reduced rate on credit and establishment of trade zones would allow Indian businesses to function smoothly.
Appreciating the historic ties between the two countries, President of India Pranab Mukherjee hosted a banquet in honour of the Kyrgyz Republic at the Rashtrapati Bhavan in New Delhi on 21 December 2016. “Our proximity is not only geographical but also historical and civilisational. We have a shared past, reflected in many elements of our culture. The Buddhist themes of engravings and statues found in Kyrgyzstan bear testimony to our age-old linkages. Our friendship flourished during the Soviet era and our Parliamentarians and leaders have maintained regular contacts since then. After Kyrgyzstan became an independent state, it was but natural for India to continue – and, in fact – strengthen our long standing co-operative relationship. We are happy to see that Kyrgyzstan has progressed so well in the last twenty five years. One of its finest achievements is its steadfast preference for – and adherence to democracy. The credit for this is due to Your Excellency’s vision and leadership. We, in India, believe that a democratic system represents much more than just the periodic exercise of voting in elections. It stands for continuous nourishment of the institutions of democracy. Building these institutions is not an easy task, it demands personal as well as collective sacrifices. We share your satisfaction that Kyrgyzstan, under your leadership, has succeeded in this effort,” said the press communique issued on behalf of the President’s Secretariat.