Vice premier: Belarus-Kyrgyzstan trade is on the rise
Anatoly Sivak
The trade between Belarus and Kyrgyzstan is steadily growing, and there are plans to develop industrial cooperation, Belarusian Deputy Prime Minister Anatoly Sivak said during a meeting of the intergovernmental Belarusian-Kyrgyz commission on trade and economic cooperation on 24 August, BelTA has learned. “Belarus and Kyrgyzstan have noticeably intensified interaction. We ended 2022 with good indicators of mutual trade. Trade exceeded $160 million and increased by 65% compared to 2021. In 2023, the positive dynamics in mutual trade continue, including thanks to a significant increase in supplies from Kyrgyzstan. In H1 2023, we increased it by $19 million and expect to maintain the rate,” Anatoly Sivak said.
In his words, joint efforts have helped implement a number of agreements and ideas that were discussed at the previous meeting of the intergovernmental commission and during the Belarusian-Kyrgyz business forum.”As a positive example, I would like to cite the launch of joint production of Mogilevliftmash elevator equipment at a plant in Kyrgyzstan. The production localization has reached 25% in less than a year. The production plan for the current year is 100 elevators, and it is fulfilled on schedule. I believe that this is a good indicator which demonstrates the potential for the development of cooperation projects in Kyrgyzstan,” the deputy prime minister said.
Progress has been made on the issue to localize production of freight cars on the premises of Kyrgyz Railways. “However, here our enterprises are only at the beginning of this path. We hope that their experience of interaction will also be productive,” Anatoly Sivak added. He also stressed that the mutual interest in the liberalization of
