India seeks Kazakh's help in setting up fertiliser plant

New Delhi, Oct 29 (UNI) India and Kazakhstan today discussed bilateral and other issues of regional and international significance.

During the meeting in Astana, the capital of Kazakhstan, Union Power Minister Sushilkumar Shinde, who is leading the Indian delegation, offered India's cooperation in setting up fertiliser plants in Kazakhstan for exporting the fertilisers to India, a press release said.

Mr Shinde thanked Kazakh Prime Minister Karim Massimov for the support of Kazakhstan on the important issues of the Nuclear Suppliers Group and India's membership in the United Nations Security Council. He said India was looking forward to the visit of the President of Kazakhstan, which would further strengthen the friendly political ties as well as economic and commercial relations.

Mr Shinde is representing the Indian Prime Minister at the Heads of Governments meeting of the Shangai Cooperation Organisation (SCO) in which India is an observer state.

Held in the backdrop of the international financial crisis, today's meeting also focused on the steps taken to deal with it. Expressing confidence in the robustness of the Indian economy and financial institutions under the chairmanship of Prime Minister Manmohan Singh, Mr Shinde also explained the role of Reserve Bank of India in strong regulation of the financial sector in accordance with prudent financial norms.

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