A report recently released by the National Investment Agency's press service has revealed that Chinese logistics centers have expressed interest in establishing bonded warehouses in Kyrgyzstan, media reports.
The Deputy Director of the department, Zhalyn Zhenaaliyev, met with a delegation from China to discuss Kyrgyzstan's investment projects in tourism, energy, and gold mining.
The Chinese delegates were cordially invited to participate in the upcoming international economic forum, 'Issyk-Kul - 2023.'
The head of the Chinese delegation, Zhang Qin, conveyed China's keenness for green projects, which includes the development of renewable energy, re-exportation of electric cars, construction of bonded warehouses, and promotion of tourism. Both parties discussed organizing an international forum to promote green projects.
A bonded warehouse is a special economic zone where online stores can import goods from abroad and store them under customs control without customs clearance, payment of VAT, excise, customs duties, licensing, or quotas until the goods are purchased.
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