Kyrgyzstan intends to increase trade volume with Russia

Bishkek, Nov. 22, 2017. /Kabar/. Kyrgyzstan intends to increase trade volume with Russia, the Kyrgyz Ministry of Economy press service reported.

Today Minister of Economy of Kyrgyzstan, Artem Novikov met with Russian Minister of Economic Development Maxim Oreshkin in Moscow.

Taking into account the strategic importance of deepening mutual trade and economic cooperation, both Kyrgyz and Russian sides expressed their intention to continue their established collaboration further.

Novikov assured the Russian side that in spite of the current situation on Kyrgyz Kazakh border, Kyrgyzstan intends only to increase the volume of mutual trade with Russia. Russia is considered as one of the main trade partners for the Kyrgyz Republic.

In this regard, the sides discussed the possibility of joint construction of trade and logistics centers in the territory of the Kyrgyz Republic. Besides that localization of Russia made construction materials, pharmaceutical products, medical equipments and other enterprises on the territory of Kyrgyzstan was also discussed.

The sides also agreed to work out the issues of fuel delivery to Kyrgyzstan in accordance with the indicative balance for 2017, signed in September 2017, and to clarify the indicative balance for 2018.