Germany to allocate over 40M euros to Kyrgyzstan
By Kamila Aliyeva
Berlin hosted negotiations between Kyrgyzstan and Germany in the framework of bilateral technical and financial cooperation in 2017-2018.
The delegation of the Kyrgyz side was headed by Deputy Economy Minister Almaz Sazbakov, while German delegation was led by the head of the department for China; Central Asia; East Asia; Laos and Cambodia of the Federal Ministry of Economic Development and Development of Germany (BMZ) Kathrin Oellers.
The talks resulted in allocating 40.1 million euros by the German government to Kyrgyzstan within the framework of bilateral technical and financial cooperation in 2017-2018.
As many as 19 million euros from this sum are provided for projects of financial cooperation, while 21.1 million euros – for technical cooperation projects.
The sides emphasized that the aim of cooperation in two main directions of "Sustainable economic development" and "Healthcare" is to contribute to ensuring long-term and productive employment and increasing the incomes of both sexes and all population groups.
The parties further agreed to intensify cooperation in the field of "green economy."
The starting points for development cooperation are issues of energy and resource efficiency, adaptation to climate change, protection of natural resources and biodiversity.
The German side welcomed the initiative to launch a new national high-tech Taza Coom program and Kyrgyzstan's development aspirations.
Germany confirmed that it will be a reliable partner of the Central Asian nation in combating poverty and improving living conditions in the future.
The sides expressed their hope for the continuation and strengthening of bilateral cooperation.
In 2015, Kyrgyz imports from Germany amounted to nearly €51.1 million, while exports to Germany amounted to a €12.8 million. Germany’s principal exports to Kyrgyzstan are motor vehicles, machinery and chemical products (pharmaceuticals and cosmetics). Kyrgyzstan’s main exports to Germany are agricultural products.
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Kamila Aliyeva is AzerNews’ staff journalist, follow her on Twitter: @Kami_Aliyeva
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