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🇰🇬 Kyrgyzstan /Economy & Trade

Kyrgyzstan proposes expanded trade, investment cooperation with US

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

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  • Kyrgyzstan's Minister of Economy and Commerce proposed expanding trade and investment cooperation with the United States.
  • The minister advocated for the

Kyrgyzstan's Minister of Economy and Commerce, Bakyt Sydykov, has proposed deepening trade and investment ties with the United States. Speaking at the "Trade Over Aid" event at the UN headquarters in New York, Sydykov endorsed the U.S. initiative that shifts focus from traditional aid to trade, private sector partnerships, and investment.

such an approach aligns with Kyrgyzstan's National Program for Development until 2030, which identifies business development, industrialization, export diversification, and attracting investment as priorities.

— Bakyt SydykovMinister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, speaking at the "Trade Over Aid" event.

Sydykov highlighted that this approach aligns with Kyrgyzstan's National Development Program up to 2030, which prioritizes business growth, industrialization, export diversification, and attracting investment. He identified several promising sectors for bilateral cooperation, including hydropower, strategic mineral resource development, information technology, agriculture, tourism, and transport infrastructure.

A key point of discussion was the China-Kyrgyzstan-Uzbekistan railway project. Sydykov emphasized its potential to become a crucial transport corridor, boosting regional trade and economic connections. He stressed the importance of modern infrastructure, access to finance, and efficient trade procedures for landlocked countries like Kyrgyzstan.

for countries without access to the sea, trade development is impossible without modern infrastructure, access to financing, and efficient trade procedures.

— Bakyt SydykovMinister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, discussing the importance of infrastructure for landlocked countries.

Sydykov concluded by stating Kyrgyzstan's strategic goal is to foster a competitive economy through enhanced trade, investment, and entrepreneurship support. The "Trade Over Aid" initiative, launched by the U.S. on April 27, 2026, aims to transition from an aid-based model to one centered on economic development driven by trade, investment, and private sector collaboration.

Kyrgyzstan's strategic goal is to create a competitive economy by developing trade, attracting investment, and supporting entrepreneurship.

— Bakyt SydykovMinister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, outlining the country's economic objectives.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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