The governments of Kyrgyzstan and the UAE agreed to increase their economic cooperation. They also agreed to expand their investment and business partnerships in areas including energy, renewable energy, etc.
Minister of Economy Abdullah bin Touq Al Marri stated that deep-rooted bilateral relations between the UAE as well as Kyrgyzstan are experiencing significant overall development. This includes the areas of economic, commercial, as well as investment. He emphasized the recent high-level visits between the two countries, which were supported by their keenness to strengthen their relations.
This statement was made during meetings of the second edition of a joint economic committee between the countries. It was held in Abu Dhabi and chaired by Al Marri as well as Akylbek Japarov, Chairman of the Cabinet of Ministers of Kyrgyzstan.
The meeting saw the signing of many Memorandums of Understanding between both sides in a variety of areas including industry, renewable energy, as well as the food sector. The two countries agreed to ease their import and export procedures.
The committee also discussed ways to strengthen future cooperation in energy and renewable energy, and how to capitalize on UAE’s expertise. This would ensure that both countries have a sustainable future in their energy sectors. Both sides agreed to start phase one of the 200-megawatt solar power plant in Kyrgyzstan.
