Kyrgyzstan and Yakutia Update Cooperation Agreement

Kyrgyzstan and Russia's Sakha Republic (Yakutia) have signed an updated intergovernmental agreement to bolster their cooperation. The new pact, finalized on the sidelines of the St. Petersburg International Economic Forum, replaces a document from 1996 that no longer fully reflects current bilateral potential.

The updated agreement seeks to broaden ties across several sectors, including humanitarian efforts, trade, economics, investment, and tourism. It also emphasizes the exchange of best practices and participation in joint exhibitions and fairs.

Aisen Nikolaev, the head of Yakutia, highlighted the growing cooperation, noting an increase in trade turnover and strengthening business connections. He specifically mentioned Yakutia's interest in importing agricultural and fruit/vegetable products from Kyrgyzstan and exploring mutually beneficial investment initiatives.

Nikolaev also pointed to the importance of cultural and sports cooperation, expressing confidence that the new agreement will serve as a solid foundation for deepening the friendship and partnership between Yakutia and Kyrgyzstan.

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Today, we are consistently expanding our cooperation. Trade turnover is growing, ties between entrepreneurs are strengthening, and new opportunities for cooperation are emerging. Yakutia is interested in expanding supplies of agricultural, fruit and vegetable products from Kyrgyzstan, developing investment and business contacts, and implementing mutually beneficial initiatives. We paid special attention to cultural and sports cooperation. I am confident that the agreement signed today will provide a sound foundation for further strengthening our friendship and partnership.