• Sign in
  • 1751972643_633.png 1751972643_245.png 1751959824_218.svg 1751959824_520.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12413.79
    • RUB154.86
    • EUR14468.27
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +27°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World Economics Kyrgyzstan

    Kyrgyzstan, Russia aim for $5bn in mutual trade turnover

    Kyrgyzstan, Russia aim for $5bn in mutual trade turnover

    Kyrgyzstan and Russia are aiming to ramp up their mutual trade turnover to $5bn, according to Akylbek Zhaparov, Chairman of the Cabinet of Ministers of Kyrgyzstan and Head of the President's Administration, at the 25th Kyrgyz-Russian Intergovernmental Commission and 11th Interregional Conference. 

    Photo: Kyrgyzstan and Russia aim to boost trade to $5bn
    Source: Cabinet of Ministers of Kyrgyzstan

     

    During his speech, Zhaparov underlined the robust dynamics of Kyrgyz-Russian relations, noting the continuous high-level engagements between the two nations. 

    “The leaders of the two countries – Sadyr Japarov and Vladimir Putin – have given a high assessment of our cooperation and have outlined new directions for its development,” Zhaparov stated.

    Focusing on trade and economic cooperation, Zhaparov stressed the importance of Russian investments in Kyrgyzstan. He highlighted the contributions of key institutions such as the Russian-Kyrgyz Development Fund, the Russian Export Center, the Eurasian Development Bank, and the Eurasian Fund for Stabilization and Development, all of which play vital roles in fostering bilateral trade and investment.

    Photo: Akylbek Zhaparov, Chairman of the Cabinet of Ministers of Kyrgyzstan
    Source: Cabinet of Ministers of Kyrgyzstan

     

    "The interregional conference has become a crucial platform for exchanging experiences and best practices between businesses of the two countries, strengthening regional interactions," Zhaparov remarked.

    He praised the Russian-Kyrgyz Development Fund for financing over 3,000 projects totaling nearly $690mn over the past decade.

    Zhaparov extended an invitation to the Russian side to participate in significant events such as the Issyk-Kul Investment and Economic Forum, the Bee Together light industry exhibition, and the AGRO EXPO. He also acknowledged ongoing energy project collaborations with Rosatom, including the construction of renewable energy facilities.

    On cultural and humanitarian fronts, Zhaparov labeled the last three years as a "breakthrough for the education sector." He highlighted last year’s agreement on constructing nine state-of-the-art schools across Kyrgyzstan and the establishment of a branch of Moscow State University in Karakol. 

    Photo: Interregional conference strengthens business ties
    Source: Cabinet of Ministers of Kyrgyzstan

     

    Additionally, he mentioned the increase in budgeted spots for Kyrgyz students in Russian universities, the "Russian Teacher Abroad" project, and various cultural exchanges.

    "In October 2024, Moscow will host the Days of Kyrgyz Culture, marking the 100th anniversary of the formation of the Kara-Kyrgyz Autonomous Region," Japarov announced, adding plans for a Kyrgyzstan pavilion at the All-Russian Exhibition Center in Moscow this year.
    Photo: Session concluded with signing of several documents
    Source: Cabinet of Ministers of Kyrgyzstan

     

    Zhaparov outlined prospects in the tourism sector, revealing that Russian investors will begin constructing the Karkyra ski resort and other tourist facilities in the Issyk-Kul region. 

    "Russian tourists are always welcome in Kyrgyzstan," he stated, emphasizing the ongoing efforts to strengthen Kyrgyz-Russian relations through comprehensive strategic partnerships.

    The plenary session culminated in the signing of several documents and agreements, further cementing the commitment of both nations to their shared objectives.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    12.07.2024, 10:26   Comments (0)   1661
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Kyrgyzstan-Russia trade hits $3bn 

    06.06.2024, 14:33

    Russia supplies over 120 tons of food aid to Kyrgyzstan's southern region 

    15.06.2024, 22:49

    Russia to assist Kyrgyzstan in rehabilitating uranium and mining tailings

    25.06.2024, 11:01

    Ukraine seeks second peace summit with Russia before U.S. presidential elections

    11.07.2024, 23:22

    Kyrgyzstan works to restore Mir card services amid international sanctions

    11.07.2024, 22:38
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024

     

    Recommended

    Uzbekistan’s foreign trade turnover up 19.9% y/y in 7M25, totaling $44.4bn

    21 August, 15:33

    Uzbekistan’s president announces fresh business support measures at open dialogue with entrepreneurs

    21 August, 09:05

    “Uzbekistan is a country open to the world and discovering the world for itself,” says President Mirziyoyev

    18 August, 15:48

    Uzbekistan’s bank capital jumps 20% y/y to $9.9bn as assets, loans, and deposits expand

    11 August, 13:12
     
     
     

    Latest news

    Kazakhstan bestows Order of “Altyn Kyran” on Kyrgyz President Sadyr Japarov

    Kyrgyzstan | 23 August, 15:31

    Uzbekistan sees growth in women-led enterprises, reaching 43,860

    Uzbekistan | 23 August, 13:45

    Uzbekistan, Turkmenistan, and Azerbaijan adopt joint statement, sign new cooperation agreements

    Uzbekistan | 23 August, 10:30

    Uzbekistan, Turkmenistan, and Azerbaijan strengthen cooperation on corridors, energy, and culture

    Uzbekistan | 22 August, 17:00

    Kyrgyzstan challenges Western sanctions, President Japarov appeals to Trump and Starmer

    Kyrgyzstan | 22 August, 16:39

    Uzbekistan, Turkmenistan trade tops $700mn since January as Mirziyoyev meets Berdimuhamedow

    Uzbekistan | 22 August, 14:10

    Uzbekistan sees 4% inflation in January–July 2025

    Uzbekistan | 22 August, 13:13

    Uzbekistan’s gas output drops 3.4% y/y to 25.3bn cubic meters in 7M25

    Uzbekistan | 22 August, 12:03

    Uzbekistan advances judicial reforms with new proposals approved by President Mirziyoyev

    Uzbekistan | 22 August, 10:30
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.