Deputy Cabinet Chairman Bakyt Torobaev Signs Agreement with China to Boost Exports
On September 20, 2024, Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan, Bakyt Torobaev, engaged in discussions with representatives from China to expand cooperation between the two countries. The talks focused on increasing exports from Kyrgyzstan to China.
During the meeting, Bakyt Torobaev met with Secretary of the General Administration of Customs of the People’s Republic of China, Yu Jianhua, to discuss the export of kidney beans and wool to China. They also addressed ways to improve customs procedures at the border to facilitate the transportation of goods.
In 2023, trade between the two countries reached $20 billion, demonstrating a significant growth in trade relations. Additionally, Bakyt Torobaev held discussions with the Minister of Transport of China, Li Xiaopeng, where they agreed to increase the quota for trucks crossing the border. A total of 40,000 vehicles will be permitted to enter and exit from each side until the end of the year.
These developments highlight the ongoing efforts to strengthen economic ties between Kyrgyzstan and China, opening up new opportunities for trade and collaboration between the two nations.
