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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Economy & Trade

Kyrgyzstan's Ministry of Economy to Cooperate with 'Tashkent' Free Economic Zone

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Official statement Context piece
  • Kyrgyzstan's Ministry of Economy and Commerce plans to cooperate with the "Tashkent" free economic zone (FEZ) in Uzbekistan.
  • Discussions covered trade, economic cooperation, investment projects, and industrial cooperation between the two countries.
  • Both sides agreed to exchange experiences in FEZ management and promote joint investment projects.

Kyrgyzstan's Ministry of Economy and Commerce is set to establish cooperation with the "Tashkent" free economic zone (FEZ) located in Uzbekistan. This initiative aims to foster stronger trade and economic ties between the two nations.

Representatives from Kyrgyzstan's trade mission in Uzbekistan held discussions with the leadership of the Tashkent FEZ. The talks focused on exploring prospects for developing trade and economic cooperation, implementing joint investment projects, and expanding industrial collaboration. Additionally, the meetings aimed to strengthen interactions between entrepreneurs from both countries and create favorable conditions for launching new joint ventures.

The Tashkent FEZ management outlined the operational conditions for investors, detailing the state support measures, tax incentives, customs benefits, and other privileges available within the zone. Both parties committed to an ongoing exchange of experiences in managing free economic zones. They also agreed to actively promote investment projects and continue fostering collaboration between their respective specialized structures.

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.