More than 40 agreements worth over $800 million were signed at a forum aimed at expanding economic cooperation between Russia and Kyrgyzstan. The agreements cover investment, infrastructure, trade and mobile communications, in addition to energy and transport.
Artem Novikov, chairman of the Russia-Kyrgyzstan Development Fund, said investment agreements, memorandums on major infrastructure projects and export-import contracts between companies from the two countries made up a significant portion of the signed documents.
Energy and railway projects included in the package
Projects involving the construction of solar power plants and the development of Kyrgyzstan's railway infrastructure were also signed at the forum. The documents also include a project to establish a mobile operator offering uninterrupted service.
Novikov said implementing the mobile communications project would facilitate communication between citizens of Russia and Kyrgyzstan and mobility between the two countries.
Interregional cooperation to be developed through 2030
Documents aimed at strengthening ties between regions and cities in the two countries were also signed at the forum held on the shores of Lake Issyk-Kul in Kyrgyzstan. The goal is to increase direct contacts and launch joint ventures.
The forum focused on developing interregional cooperation between Russia and Kyrgyzstan through 2030. Meetings attended by representatives of public institutions and the business communities of Russia and Kyrgyzstan addressed the development of industrial cooperation, energy, trade, transport, logistics links and investment partnerships.
