Cotton processing joint venture in Kyrgyzstan set up with South Korea

Kyrgyzstan is planning to set up a joint venture with South Korea to process cotton, according to Saparbek Asanov, Kyrgyzstan’s Deputy Minister of Energy and Industry, at the recent 7th Cooperation Forum Republic of Korea-Central Asia, held in Bishkek.

The official said Kyrgyzstan has made a proposal to South Korea for building a cotton processing factory in the south of the country.

Whether the collaboration between the two countries will be in terms of investment or other forms of co-operation has not yet been determined, he added.

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