Uzbekistan, Kyrgyzstan talk about cooperation in trade-economic spaces

Date:



On 11 January, Minister of Investments, Business and Industry of
the Republic of Uzbekistan Laziz Kudratov held talks with Minister
of Financial system and Trade of the Kyrgyz Republic Daniyar
Amangeldiyev, Pattern
experiences bringing up Kabar.

The events mentioned arrangements for bilateral occasions deliberate
for 2023, together with on the easiest stage, in addition to the
implementation of ongoing joint initiatives, together with the ones advanced
throughout the Uzbek-Kyrgyz Building Fund.

It was once famous that due to joint efforts, there may be solid
enlargement in commerce between the 2 international locations. Thus, over the last 5
years, the amount of mutual commerce has grown 6 instances – from US$167.5
million in 2016 to US$953.6 million in 2021. In 2022, the commerce
turnover exceeded US$1 billion.

All the way through the talks, the significance of additional intensifying
cooperation in quite a few precedence spaces was once emphasised. In
specific, an settlement was once reached to boost up the
implementation of building initiatives for the Kambarata
Hydroelectric Energy Plant-1 in Kyrgyzstan and the
China-Kyrgyzstan-Uzbekistan railway, according to the signed
paperwork and at the implementation of those initiatives.

In addition they mentioned initiatives deliberate for implementation in
Kyrgyzstan to arrange the manufacturing of automobiles and business
cars, release a spinning endeavor within the Jalal-Abad area,
introduce and bring ASKUE electrical energy metering programs and
produce calcium carbide.

Following the assembly, the events defined particular steps to
boost up the sensible implementation of the agreements
reached.



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