In their comprehensive talks, Prime Minister Narendra Modi and Kyrgyz President Almazbek Atambayev also decided to strengthen ties in areas of defence, security, mining, IT, agriculture and energy.
"We discussed how we could work together to secure our youth and society against common challenges of terrorism, extremism, and radicalism. We agreed on the need to coordinate and work closely in addressing and overcoming these challenges for our common benefit," Modi said in a media statement.
Modi said work on a Kyrgyz-India Joint Military Training Center in Kyrgyztan has commenced. Besides joint military exercises, the two countries have been cooperating on high-mountain biomedical research to know impact on soldiers when they carry out operations at high altitude.
Aiming to broaden economic engagement, the two sides initialled a bilateral investment agreement. The six MoUs will provide for deeper cooperation in areas of agriculture, tourism, culture, broadcasting and youth affairs.
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"In this context, they also called for the adoption by the United Nations of the draft Comprehensive Convention on Combating International Terrorism," it said.
In his comments, Atambayev said he was not happy over the current volume of bilateral trade and that there was huge untapped potential for its expansion.
Calling for further strengthening of ties, he said both countries were binded by historical links and common values like democracy and freedom of rights. Talking about cultural links, he mentioned about popularity of Bollywood legend Raj Kapoor.
"We will encourage industry and business on both sides to play a leading role in exploiting opportunities in healthcare, tourism, information technology, agriculture, mining and energy.
"We have decided to build on our development cooperation including in capacity building and training," he said.