Kyrgyzstan and Russia's Sakha Republic update cooperation agreement

Kyrgyzstan and Russia's Sakha Republic (Yakutia) have signed an updated agreement to deepen their cooperation, signaling a renewed commitment to strengthening bilateral ties. The document was formalized on the sidelines of the St. Petersburg International Economic Forum by Айсен Николаев, the head of the Sakha Republic, and Данияр Амангельдиев, the first deputy chairman of the Kyrgyz Cabinet of Ministers.

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Today, we are consistently building up our interaction. Trade turnover is growing, ties between entrepreneurs are strengthening, and new opportunities for cooperation are emerging.

The newly signed accord supersedes a 1996 agreement that, while still legally valid, was deemed insufficient to address contemporary realities and the full potential of the two regions' relationship. The updated framework is designed to foster broader collaboration across several key areas.

Key provisions of the enhanced agreement include promoting expanded humanitarian exchanges and trade-economic relations. It also aims to stimulate investment activities and tourism, encouraging greater people-to-people contact and economic integration. Furthermore, the agreement facilitates the sharing of best practices and participation in joint exhibition, fair, and congress events, fostering innovation and mutual learning.

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Yakutia is interested in expanding supplies of agricultural and horticultural products from the Kyrgyz Republic, developing investment and business contacts, and implementing mutually beneficial initiatives.

"Today, we are consistently building up our interaction," stated Айсен Николаев. "Trade turnover is growing, ties between entrepreneurs are strengthening, and new opportunities for cooperation are emerging." He specifically noted Yakutia's interest in increasing imports of agricultural and horticultural products from Kyrgyzstan and developing investment and business contacts. The agreement also places particular emphasis on cultural and sports cooperation, with Николаев expressing confidence that the new accord will serve as a robust foundation for future friendship and partnership.

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I am confident that the agreement signed today will be a good basis for further strengthening friendship and partnership.