New Delhi: The 10th meeting of the India-Kazakhstan Inter-Governmental Commission (IGC) on Trade, Economic, Scientific, Technological, Industrial and Cultural was held during 8-9 January 2013 in New Delhi.
Dr. M. Veerappa Moily, Minister of Petroleum and Natural Gas, led the delegation from India. The Kazakh side at the IGC meeting was led by Mr. Bulat Akchulakov, Vice Minister of Oil and Gas, Republic of Kazakhstan. The two Ministers signed IGC Protocol here today after conclusion of the India-Kazakhstan IGC meeting. Smt P. Lakshmi, MoS (P&NG) and senior officers from both sides were also present.
The two sides reviewed progress with regard to various decisions taken at the 9th Inter-Governmental Commission meeting held in Astana on 12th October 2011.
The deliberations of the Inter-Governmental Commission were marked by cordiality and warmth, which are characteristic of the traditionally close and friendly ties prevailing between the two countries. This discussions took place in 20 sectors of cooperation like Energy, Trade, Agriculture, IT, Science & Technology, Mines etc.
Both the sides agreed that the current level of bilateral trade is not commensurate with the potential existing between the two countries and called for conscious efforts to increase Indo-Kazakh trade through the Joint Working Group on Trade and Economic Cooperation and the India Kazakh Joint Business Council.
The meeting of the Joint Working Group on cooperation in hydrocarbon sector was held along with the IGC meeting. The next meeting of the Joint Working Group will be held in Kazakhstan. The dates will be agreed through diplomatic channel.
Both sides noted with satisfaction the decisions of the second meeting of the India-Kazakhstan Joint Working Group on Trade and Economic Cooperation held in Astana on 19-20 July, 2012.
Both sides also agreed that tourism provides the opportunity to strengthen the links between the two countries at human and cultural level.
Both sides agreed that the 11th meeting of the IGC will be held in Astana, Kazakhstan. The exact dates and agenda of the meeting will be worked out through diplomatic channels.
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