8 Dec 2022 13:53

Kyrgyzstan, Russia agree to develop microelectronic technology together

BISHKEK. Dec 8 (Interfax) - Russia and Kyrgyzstan have signed a memorandum of mutual understanding on the development of technologies for making microelectronic materials, the press service for the Kyrgyz Economy Ministry said on Thursday.

"Given the steep increase in the demand for semiconductor chips, the output of such products has been growing at unprecedented rates. Kyrgyzstan has every chance to become a leading manufacturer of silicon products," the press service quoted Kyrgyz Economy Minister Daniyar Amangeldiyev as saying.

The development of microelectronic technologies "is also deemed important by other EAEU members, which will allow their microelectronic industries to evolve into global majors in the long run," he said.

The memorandum of mutual understanding was signed between the Kyrgyz Ministry of Economy and Commerce and the Russian Ministry of Industry and Trade.

The press service for the Kyrgyz Economy Ministry said that the memorandum was aimed at mutually advantageous cooperation between the sides in joint microelectronic projects, including the production of materials for the electronic industry and respective equipment to the benefit of Eurasian Economic Union (EAEU) members.