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Kyrgyzstan invites German companies to set up joint production

Kyrgyzstan Materials 13 June 2022 10:59 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, June 13. Kyrgyzstan invites German companies to establish joint production in the country, said the director of the National Investments Agency under the President of Kyrgyzstan, Ravshan Sabirov, Trend reports via Kyrgyz Media.

Sabirov indicated that Kyrgyzstan is willing to exempt Kyrgyz-German produced goods, as well as the import of equipment and spare parts for them, from customs taxes.

“We're talking about the development of textile sector, as well as the assembly of household appliances in Free Economic Zones, advanced energy development for industrial growth, and communications and digital technology development,” he said.

According to him, the status of GSP +, which Kyrgyzstan has, will promote the export of products produced by joint Kyrgyz-German enterprises.

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