Industrial cooperation prospects between Tatarstan and Kyrgyzstan discussed

20 September 2021, Monday

Deputy Prime Minister and Minister of Industry and Trade of Tatarstan Albert Karimov had a videoconference meeting today with representatives of the Ministry of Investment and the Ministry of Energy and Industry of the Kyrgyz Republic.

The main purpose of the meeting was to discuss further interaction in the trade and economic sphere. The parties expressed interest in expanding partnerships in energy, automotive, helicopter, oil and gas, high-tech, and healthcare sectors. Pre-requisites exist for an expansion of ties in culture and tourism.

Such major Tatarstan enterprises as UK Yadran, KAMAZ, Tatneft, Tatkhimpharmpreparaty, and Kazanorgsintez are intensively cooperating with Kyrgyz partners. The following companies are also working on the opportunity of entering the Kyrgyz market: Tatspirtprom, PO ElAZ, and others.

In 2017, an agreement was signed between Tatarstan and the Kyrgyz Republic for trade, economic, scientific, technology, social, and humanitarian cooperation. Currently, a Tatarstan-Kyrgyz working group is now being elaborated and a draft road map for enhancing cooperation is being developed. The Tatarstan-Kyrgyz working group includes representatives from various organisations of Tatarstan.

The participants of the meeting agreed on the feasibility of holding such events on a regular basis to increase bilateral trade turnover and deepen trade and economic cooperation between the republics.

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