Kyrgyzstan, South Korea Strengthen Trade And Investment Cooperation
According to a statement published by the Kyrgyz Ministry of Economy and Commerce, the signed document is aimed at further strengthening trade, economic and investment cooperation.
"Minister of Economy and Commerce of the Kyrgyz Republic Bakyt Sydykov held a meeting with Minister of Trade, Industry and Resources of the Republic of Korea Kim Jung-kwan. During the meeting, a Memorandum of Understanding on cooperation in trade and investment was signed between the Ministry of Economy and Commerce of the Kyrgyz Republic and the Ministry of Trade, Industry and Resources of the Republic of Korea," the statement said.
As part of the implementation of the memorandum, a Trade and Investment Cooperation Committee will operate under the leadership of the deputy ministers of the two ministries.
The document provides for cooperation in economic and industrial development, trade facilitation and investment promotion.
The sides also intend to expand cooperation in the halal industry, critical minerals, digital transformation, chemical industry and textile production, as well as in developing the business environment, technical regulation and intellectual property protection.
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