China-Kyrgyzstan Highway Promising Faster, More Efficient Trade Route
He made this statement during a meeting in Beijing with Zhou Haibing, Deputy Director of China's National Development and Reform Commission.
According to Torobaev, the highway will reduce fuel costs, eliminate traffic congestion, and provide a more direct and faster route. He added that negotiations are currently underway with Chinese companies to implement the project on a mutually beneficial basis, and he called on relevant Chinese government bodies to support and cooperate closely.
In turn, Zhou Haibing stated that this project is high on the to-do list and is being executed in line with the handshake deals struck between the bigwigs of China and Kyrgyzstan.
He noted that last year, the trade turnover between the two countries amounted to $23 billion, and in the first five months of this year, it has already reached $11.5 billion-an increase of 48 percent compared to the same period last year. He emphasized that further strengthening of trade and economic ties between the two countries remains an important task for the Chinese side.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- NOVA Collective Invest Showcases Intelligent Trading System7.0 Iterations Led By Brady Rodriguez
- VCUK Launches New Private Equity And Venture Capital Initiative With A Focus On Europe
- From Zero To Crypto Hero In 25 Minutes: Changelly Introduces A Free Gamified Crash Course
- Blackrock Becomes The Second-Largest Shareholder Of Freedom Holding Corp.
- Cartesian Launches First Outsourced Middle-Back-Office Offering For Digital Asset Funds
- Ethereum Based Meme Coin Pepeto Presale Past $6.7 Million As Exchange Demo Launches
Comments
No comment