PM Modi leaves for a 5-nation trip to attend BRICS, SCO summits Monday July 06,2015

 

Prime Minister Narendra Modi left for a 5-nation tour on Monday July 06,2015 to attend the BRICS Summit in Russia and the Shanghai Cooperation Organisation(SCO)and  is scheduled to travel from July 6 to 13,2015 to the  Central Asian countries and Russia where he will attend the summits of BRICS and SCO

Prime Minister Narendra Modi will visit five Central Asian nations including Uzbekistan, Kazakhstan and Tajikistan to deepen strategic footprints and energy cooperation.

The Prime Minister's visit will start with Uzbekistan from where he will go to Kazakhstan on July 7. He will then travel to Russia on July 8, before moving to Turkmenistan on July 10, Kyrgyzstan on July 11 and Tajikistan on July 12,2015

 

PMO said that Modi will meet his Pakistani counterpart Nawaz Sharif in Russia. This will be the first formal meeting between the two leaders after May 2014

Terming Prime Minister Narendra Modi's visit to Central Asia a "landmark" event to revitalise our ancient links with the region, the Confederation of Indian Industry (CII) estimated that trade with the five Central Asian countries of Kazakhstan, Turkmenistan, Tajikistan, Uzbekistan and Kyrgyzstan can grow manifold from the small base of $1.4 billion currently.
Stressing on the need to develop more transport corridors to connect India to the Central Asian region, the CII said priority must be given to the TAPI (Turkmenistan-Afghanistan-Iran-Pakistan) pipeline project.
It also recommended the energy sector be accorded high priority, as Kazakhstan is a significant oil producer while the other countries are estimated to have large reserves of natural gas.
The CII said major areas of opportunity for India in Central Asia include oil and gas, minerals and metals, agricultural products, pharmaceuticals, textiles and chemicals