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Companies of Kyrgyzstan and Russia sign agreements for $ 1.5 billion

Kyrgyz and Russian companies signed agreements and memorandums of cooperation for $ 1,557 billion in the framework of the 8th Kyrgyz-Russian Interregional Conference.

The largest cooperation agreement — for $ 1.2 billion — was signed by the State Committee for Industry, Energy and Subsoil Use and Rosgeology OJSC. It’s about investing in the exploration of mineral resources in Kyrgyzstan.

The Bishkek Stamping Plant signed agreements for $ 30.3 million with the Kazan State Gunpowder Plant (for $ 15.3 million) and the Barnaul Cartridge Plant (for $ 15 million).

Memorandums of cooperation in the implementation of projects of the agro-industrial complex for almost $300 million have been signed.

Thus, five memorandums of cooperation ($ 50 million each) for the production of organic mineral fertilizers, bioorganic preparations, feed additives and vaccines were signed between entrepreneurs of Russia and Kyrgyzstan and the Ministry of Agriculture, Food Industry and Land Reclamation of Kyrgyzstan.

The Ministry of Agriculture and Zavod Molmash JSC signed a memorandum of cooperation of $ 23 million for a project to supply equipment for milk processing plants.

An agreement on the supply of agricultural equipment from Kyrgyzstan to Russia for 2019-2025 for $ 20 million, a memorandum on implementation of a project on creation of industrial production for slaughter of livestock in Talas region for $ 8 million have been signed.

The seed-production associations of Kyrgyzstan and Russia signed a memorandum of cooperation in the field of plant breeding and seed production for $ 25 million.

Negotiations between businessmen continue. Tomorrow, within the framework of the Kyrgyz-Russian Interregional Conference, they also plan to sign a number of agreements and memorandums of cooperation.

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