HomeBusinessEconomyKyrgyzstan-Afghanistan Trade Hits $14m

Kyrgyzstan-Afghanistan Trade Hits $14m

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Bishkek, 12 September 2024 (TDI): Trade between Kyrgyzstan and Afghanistan has surged in the first eight months of 2024, reaching $14 million.

This figure includes $6 million worth of Afghan exports to Kyrgyzstan.

Afghanistan’s exports to Kyrgyzstan primarily consist of mineral water, carpets, non-alcoholic beverages, dried fruits, fruit juices, apricots, and sesame seeds.

The increase in trade comes amid a significant diplomatic development.

On September 6, Kyrgyzstan’s Ministry of Foreign Affairs announced the decision to remove the Taliban from its list of prohibited organizations.

The Ministry stated that this move aims to bolster regional stability and foster dialogue.

Kyrgyzstan reaffirmed its commitment to supporting international efforts for a stable and peaceful Afghanistan and surrounding region.

On the same day, a meeting was held between Akylbek Japarov, Chairman of the Cabinet of Ministers of Kyrgyzstan, and Nurullah Amin, Chargé d’Affaires of Afghanistan in Kyrgyzstan.

The discussion focused on enhancing bilateral cooperation, with Japarov expressing interest in developing trade, transport links, and joint ventures in Afghan mineral deposits, as well as in the energy, industry, and agriculture sectors.

Kyrgyzstan’s Proactive Approach

This renewed focus on cooperation highlights Kyrgyzstan’s proactive approach to strengthening ties with Afghanistan and addressing regional economic and development opportunities.

Kyrgyzstan and Afghanistan have maintained a diplomatic relationship for several decades, marked by both cooperation and challenges.

Historically, relations between the two countries have been shaped by geopolitical dynamics, regional security issues, and economic interactions.

Kyrgyzstan has expressed interest in engaging in joint development projects with Afghanistan, particularly in the mining sector and infrastructure.

Read Also: Kyrgyzstan Removes Taliban from Terrorist List

This includes potential investments in Afghan mineral resources and expanding trade and logistical connections.

The growing trade relations and diplomatic engagements between Kyrgyzstan and Afghanistan are seen as efforts to enhance regional stability and economic development.

Both countries are focusing on creating opportunities for mutual benefit and addressing regional challenges collaboratively.

These developments indicate a proactive approach by both Kyrgyzstan and Afghanistan to strengthen their relationship, enhance trade, and cooperate on regional issues.

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