During the Annual Meetings of the World Bank and the International Monetary Fund in Washington, Kyrgyzstan's Minister of Finance Almaz Beketayev and Uzbekistan's Minister of Economy and Finance signed a Memorandum of Understanding on cooperation between the two ministries.

The document is another important step in strengthening bilateral relations based on the principles of strategic partnership, mutual support, and friendship enshrined in the Treaty on Eternal Friendship and the Declaration on Comprehensive Strategic Partnership between Kyrgyzstan and Uzbekistan.

The memorandum provides for the intensification of bilateral dialogue in the financial sphere, the exchange of experience, and the holding of joint events—forums, conferences, seminars, and symposiums. Particular attention will be paid to cooperation within the framework of interaction with international financial organizations.

The signed document lays the foundation for the development of practical action plans and programs in specific areas. This, in turn, will deepen the integration of the financial systems of the two countries and open up new opportunities for sustainable economic development in the region.

The Kyrgyz Republic reaffirmed its readiness to actively develop partnership with Uzbekistan, emphasizing the importance of joining efforts to achieve sustainable growth and improve the well-being of the peoples of both countries.