Kyrgyzstan has proposed that the European Union participate in large-scale projects in the country's hydropower sector, President of Kyrgyzstan Sadyr Japarov said at the EU - Central Asia summit, Report's correspondent from Samarkand informs.
Japarov noted with satisfaction the growth of trade and economic ties between the countries of Central Asia and the European Union.
"Over the past four years, Kyrgyzstan's trade turnover with European Union countries has increased 2.4 times, including imports by 2.6 times, exports by 1.5 times. Such successes have become possible thanks to open markets and the 'Generalized System of Preferences Plus' initiative, which provides access for goods from Kyrgyzstan to the markets of 27 EU member states," said Japarov.
According to him, Kyrgyzstan's geographical position and its transit potential open up broad prospects for trade and investment, and he called on European businesses to actively participate in these projects on a mutually beneficial basis.
"We invite European partners to join large-scale hydropower projects being implemented in Kyrgyzstan. A special place in our plans is occupied by the flagship Kambar-Ata HPP-1 project. We have already begun construction of this large hydroelectric power plant with a design capacity of 1,860 MW and projected generation of 5.6 billion kWh per year. This project is being implemented jointly with our neighbors Kazakhstan and Uzbekistan," he noted.
The politician emphasized that Kyrgyzstan is also interested in expanding cooperation with the European Union in the field of renewable energy and energy-efficient technologies.
"Over the past year, we have commissioned 18 small hydroelectric power plants, and this year we are building 15 more such facilities. In parallel, we have launched solar energy projects with a total capacity of over 400 MW. In the context of global climate change, the transition to a green economy and the development of renewable energy sources is our only path to sustainable development," said Sadyr Japarov.
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