Shavkat Mirziyoyev approved an agreement on the establishment of the Uzbek-Kyrgyz Development Fund

An intergovernmental agreement on a joint fund was signed in March this year during the visit of the President of Kyrgyzstan to Tashkent.

The initial capital of the Uzbek-Kyrgyz Development Fund will amount to $ 50 million, and in the future it will increase to $ 200 million. These funds will be directed to projects in priority sectors of the economy.

Sadyr Japarov ratified the agreement on the fund back on August 18.