19.09.24
The authorized capital of the Hungarian-Kyrgyz Fund is planned to increase FROM $16 MILLION to $50 million. This was announced today, September 19, at the meeting of the Minister of Foreign Affairs of Kyrgyzstan Jeenbek Kulubaev with the Minister of Economic and Foreign Affairs of Hungary Péter Szijjártó.
According to the press service of the Ministry of Foreign Affairs, at the moment the authorized capital of the fund is $ 16 million. The agency also reported that trade turnover between the countries in 2023 increased by 1.7 times to $ 14.7 million. Kyrgyzstan's exports to Hungary reached $ 1.6 million, and imports amounted to $ 13.6 million.