During the meeting, issues of the development of multifaceted cooperation were discussed, primarily in the political, trade and economic, investment, transport and logistics, water and energy, tourism and humanitarian spheres. Mutual commitment was expressed to further expand and deepen the multifaceted Uzbek-Kyrgyz relations.
There has been a noticeable increase in the indicators of mutual trade: over the past five years, the volume of trade turnover between Uzbekistan and Kyrgyzstan has increased fivefold and in 2021 reached $ 950 million. It was announced that at present there are all prerequisites for bringing the volume of mutual trade to $ 2 billion, in connection with which it is necessary to strengthen work on strengthening ties between the business circles of the two countries.
There is also significant progress in the investment sector. In this context, the parties welcomed the official opening of the Uzbek-Kyrgyz Development Fund, designed to become a catalyst for the growth of investment partnership between the two states.
In addition, the participants of the meeting exchanged views on the most pressing issues on the agenda of bilateral cooperation and voiced a number of proposals for further intensification of intergovernmental and interdepartmental cooperation in order to accelerate the promotion of joint projects and initiatives and promptly resolve existing issues.
As a result of the meeting, an agreement was reached to intensify joint efforts to further build up partnership in all areas considered, as well as the qualitative and timely implementation of existing agreements, the press service of MIVT reports.
