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🇰🇬 Kyrgyzstan /Economy & Trade

Capital of Azerbaijan-Kyrgyzstan Development Fund Doubled to $200 Million

From 24.kg · () Russian

Translated from Russian and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Approved/passed
  • Kyrgyzstan and Azerbaijan increased the capital of their joint development fund from $100 million to $200 million.
  • Kyrgyz Cabinet Chairman Adylbek Kasymaliyev signed the second supplemental agreement amending the fund’s founding accord.
  • The document was signed on July 31, 2026, during Azerbaijani President Ilham Aliyev’s state visit to Kyrgyzstan.

The Azerbaijan-Kyrgyzstan Development Fund has doubled its capital to $200 million from $100 million.

Kyrgyz Cabinet Chairman Adylbek Kasymaliyev signed a second supplemental agreement amending the accord with Azerbaijan that established the fund.

The sides signed the document on July 31, 2026, in Cholpon-Ata during Azerbaijani President Ilham Aliyev’s state visit to Kyrgyzstan. The joint fund was created in autumn 2022.

About this summary

Originally published by 24.kg in Russian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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