Bishkek: Several agreements were signed following the meeting between Kyrgyzstan’s Prime Minister Akylbek Japarov and the Vice President of the Asian Development Bank (ADB), Yingming Yang. These agreements signify an enhanced collaboration between Kyrgyzstan and ADB, as reported by the country’s Cabinet of Ministers.

According to Trend News Agency, Kyrgyzstan’s Minister of Finance, Almaz Baketaev, and the head of the ADB Representative Office in Kyrgyzstan, Zheng Wu, signed a series of significant agreements. These include a project to improve the Issyk-Kul ring road between Barskoon and Karakol, additional financing for the Rural Water Supply and Sanitation Development Program in the Naryn region, and a framework agreement for financing plans in 2025 between Kyrgyzstan and ADB.

During the meeting, Japarov and Yang explored key opportunities for cooperation, focusing on financing infrastructure projects, sustainable development initiatives, and strategies to enhance the region’s investment appeal. The discu
ssions reflected a mutual interest in advancing economic growth and development within the region.

Japarov emphasized recent accomplishments in Kyrgyzstan’s economic development, underscoring the importance of implementing major strategic projects like the Kambarata HPP-1 and the China-Kyrgyzstan-Uzbekistan railway. These projects are expected to play a crucial role in the country’s long-term economic strategy.

In response, the Vice President of ADB affirmed the bank’s commitment to maintaining active cooperation with Kyrgyzstan. He assured that ADB would continue to provide the necessary resources to achieve the shared goals and implement key projects and initiatives that are vital for the nation’s progress.