Kyrgyzstan’s Economy and Commerce Minister Daniyar Amangeldiev said that the republic is looking at trade channels to Russia, Turkey, Iran, and the European Union in order to boost its export capacity.
Amangeldiev announced plans to build an e-commerce park and a commercial pavilion within Uzbekistan’s Termez International Trade Center.
“In terms of the business climate, the efforts will be directed toward implementing electronic licensing and permitting, as well as prohibiting the issuance of new forms of licenses and permits,” he said.
“We want to establish the Abu Dhabi Kyrgyz Investment public joint stock company with a capital of $100 million and the Turkic Investment Fund with a capital of $500 million,” he added.