BISHKEK, Kyrgyzstan: In a significant development, the Kyrgyz Republic is poised to establish itself as a pivotal logistics and e-commerce center for Central Asian countries, hinging on the growth of innovative logistics centers.
Deputy Minister of Economy and Commerce of Kyrgyzstan, Nazarbek Malaev, made this strategic announcement at e-Commerce EXPO 2023.
According to Malaev, the republic is actively working to position itself as the digital nucleus of Central Asia. From both a policy and regulatory standpoint, Kyrgyzstan has achieved noteworthy success in this pursuit. The Deputy Minister stressed that they are committed to optimizing government regulations, enhancing the institutional environment, and creating a conducive atmosphere for e-commerce’s development in the Kyrgyz Republic.
Malaev underscores the dynamism of e-commerce, highlighting that it is not merely about launching online stores and digital service providers. Instead, it’s a multifaceted process characterized by its own set of laws and regulations. The modern economy is inextricably linked with e-commerce, and its continuous expansion into various sectors is increasingly becoming the norm, both locally and globally.
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During the forum, it was underscored that e-commerce plays a pivotal role in propelling the digital economy of the Kyrgyz Republic forward. Consequently, it is imperative to define the parameters and boundaries of e-commerce within the Kyrgyz Republic and establish metrics for comprehensive market analysis.
This strategic move positions the Kyrgyz Republic at the forefront of the e-commerce and logistics landscape in Central Asia, fostering economic growth, innovation, and opportunities for the country and the region. The commitment to digital transformation reflects a forward-thinking approach that anticipates the evolving demands of a rapidly changing global economy.
