India and Uzbekistan elevate ties to comprehensive strategic partnership
India and Uzbekistan have elevated their relationship to a comprehensive strategic partnership, setting a trade target of $5 billion by 2030. During PM Narendra Modi's two-day visit, 11 agreements were signed, covering critical minerals, mining, defense, pharmaceuticals, and digital public infrastructure, including UPI payments. Both nations agreed to establish a framework for long-term uranium supply and enhance cooperation in counter-terrorism. The leaders also agreed on the restoration and conservation of Buddhist sites, highlighting shared cultural heritage and commitment to a free, open, and rules-based international order.
Key Points
- India and Uzbekistan have elevated their ties to a comprehensive strategic partnership.
- A bilateral trade target of $5 billion has been set for 2030.
- Eleven agreements were signed, including a framework for long-term uranium supply from Uzbekistan to India.
- Cooperation will expand in critical minerals, defense, pharmaceuticals, digital public infrastructure (UPI payments), and counter-terrorism.
- Both sides agreed to restore and conserve Buddhist sites like Fayaz Tepa and Kara Tepa in Uzbekistan.
Exam Facts
- Prime Minister Narendra Modi visited Uzbekistan for a two-day visit.
- Uzbek President Shavkat Mirziyoyev hosted PM Modi.
- The current bilateral trade volume is over $1 billion.
- NPCI International Payments Ltd (NIPL) and Uzbekistan's National Interbank Processing Centre JSC firmed up a commercial pact for UPI payments.
- A grant of $1 million was announced for afforestation in the Aral Sea region.
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