According to the Deputy Prime Minister, Minister of Finance and Economy of the Kyrgyz Republic, today the “last moments” of the fund’s activities have already been agreed.
Uzbekistan and Kyrgyzstan will create a joint investment fund with an authorized capital of $ 50 million, Deputy Prime Minister, Minister of Finance and Economy of the Kyrgyz Republic Ulukbek Karmyshakov said at a business forum in Tashkent. The event was organized within the framework of the visit of the President of Kyrgyzstan Sadyr Japarov to the Republic of Uzbekistan.
“We express our hope for the early functioning of the Kyrgyz-Uzbek investment fund with an authorized capital of $ 50 million and which we intend to increase to $ 200 million,” Karmyshakov said.
According to the Kyrgyz minister, the parties “just yesterday agreed on the last moments” of the fund’s activities.Vice Prime Minister, Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov, in turn, said that the created fund will become a catalyst for the development of cooperation between the two countries. “
Umurzakov added that the investment fund will support a number of new joint projects, primarily in the field of industrial cooperation.
According to him, this is a “growth point” that countries should take advantage of today.
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