BUSINESS | 16:10 / 04.11.2021
2795
1 min read
Shavkat Mirziyoyev approves agreement on the creation of Uzbek-Kyrgyz Development Fund
The president signed a decree on approving the agreement on the creation of the Uzbek-Kyrgyz Development Fund.
The intergovernmental agreement on the joint fund was signed in March this year during the visit of the President of Kyrgyzstan to Tashkent.
The competent authority responsible for the implementation of the Agreement is the Ministry of Investments and Foreign Trade.
The initial capital of the Uzbek-Kyrgyz Development Fund will amount to $50 million, and in the future, it will be increased to $200 million.
Sadyr Japarov ratified the agreement on August 18.
Related News
18:50 / 16.09.2024
Kyrgyzstan calls on migrant workers in Russia to return home and boost domestic sectors
14:05 / 13.09.2024
Another border post with Kyrgyzstan opened in Namangan
13:47 / 12.09.2024
Kara-Suu border crossing between Uzbekistan and Kyrgyzstan reopens after 14 years closure
18:11 / 11.09.2024