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Current Affairs

 An online course was hung on October 15, 2020 among India and Kazakhstan under the subject "Make In India For The World, India – Kazakhstan Defense Cooperation: Webinar and Expo". The online course was sorted out by the Department of Defense Production, Ministry of Defense through FICCI. 

Features 

The online course is the aspect of the arrangement of online courses which are being composed with inviting far off nations to help guard sends out. 

These online classes are being held so as to accomplish protection trade focus of $5 billion in the following five years. 

The online class was gone to by 350 members and 39 virtual display slows down including the 7 slows down from Kazakh organizations. 

Both side had a discussion about need to use open doors for co-improvement, co-creation and to meet their necessities. 

India-Kazakhstan Relation 

The Diplomatic relations between both the nations have expanded altogether in the 21st century. Both side tries to build up a broad business and vital organization in the locale of Central Asia. 

Foundation 

India had perceived the freedom of Kazakhstan from the Soviet Union in 1992, notwithstanding the way that India was one of the dearest well disposed partners of Soviets during Cold war. 

Centrality of Kazakhstan 

Kazakhstan is the second biggest country of the previous Soviet republics. It possesses a significant region in Central Asia that include broad oil, petroleum gas and mineral stores. So India is investigating the connection with Kazakhstan. Further, there is a rising worry over the development of the monetary and key impact of the China. In this way, India tries to grow the connection with the nation. 

Exchange 

Exchange among India and Kazakhstan remains at $78,910,000 starting at 2003. To support the exchange and trade, the two countries set up the Indo-Kazakh Joint Business Council. India in any case, neglected to get value in the Kurmangazy oil field yet the Oil and Natural Gas Corporation (ONGC) of India is set to procure a stake in the Satpayev field. India has offered Kazakhstan $1,000,000,000 as advances while Kazakhstan conceded charge concessions to Indian organizations to help the exchange further. 

Fare and Import 

Item traded to Kazakhstan by India incorporate drugs, clinical items, Telephone contraption, Tea, Raw tobacco and development hardware. While, the item imported by India incorporate oil oils, oils from bituminous minerals, asbestos, radioactive compound components and titanium. Kazakhstan is additionally the biggest provider of uranium to India that will assist India with building up its regular citizen atomic energy.


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