III meeting of the Uzbek-Kyrgyz Business Council

Wednesday, 03 April 2024 04:52
The third meeting of the Uzbek-Kyrgyz Business Council took place on March 12 in Tashkent, with representatives from 40 Kyrgyz business communities participating. The meeting, moderated by Uluk Kydyrbaev, co-chair of the Business Council and head of the Investment Council Secretariat, covered a wide range of crucial issues, including the acceleration of the inclusion of Kyrgyz manufacturers in the registry of Uzbek importers and the optimization of food product import procedures.
Uluk Kydyrbaev emphasized the importance of joint economic initiatives in strengthening the ties between Uzbekistan and the Kyrgyz Republic. A special focus was given to the necessity of establishing two specialized border checkpoints: one for cargo transport and another for passenger vehicles. According to Kydyrbaev, such measures would simplify and expedite customs procedures, improve logistics, and reduce costs and delivery times, thereby creating a favorable atmosphere for business and investment attraction, which in turn, would contribute to the economic progress of both countries.
Furthermore, the development of tourism and cultural exchange between the Kyrgyz Republic and Uzbekistan was addressed. Kydyrbaev expressed the belief that expanding air connections and reducing ticket prices between the major cities of the two countries could significantly strengthen bilateral relations, enhancing accessibility and comfort for travelers. This, in turn, would stimulate business and tourism cooperation.
Incorporating the discussion of these initiatives into the agenda of future Business Council meetings will allow for the development of specific measures to overcome existing barriers and expand economic and cultural cooperation between Uzbekistan and the Kyrgyz Republic. Not only does this promote economic security, but it also opens new opportunities for regional integration and interaction.