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INDIA TO STUDY AIR CORRIDORS FOR TRADE WITH CENTRAL ASIAN COUNTRIES

Why in news?

India would like to explore setting up “air corridors” between India and five Central Asian nations, External Affairs Minister S. Jaishankar mentioned

Details:

  • The air corridors — similar to what India established in 2018 with Afghanistan — would include regular cargo flights with special clearing and customs facilities to expedite the movement of goods, especially fresh fruit and other agricultural produce
  • India Central Asia Business council” which brought together Indian businessmen and diplomats from five Central Asian countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan
  • Availability of air corridors can boost trade in perishable goods, agricultural and food products
  • The council also decided to establish four working groups including on energy, agro and food processing, tourism and pharmaceuticals to present recommendations for ways to further boost trade.



May 2024
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