On July 21, 2023, with the assistance of the Embassy of the Kyrgyz Republic, the signing of the Constituent Agreement of the Limited Liability Company «BC Card Kyrgyzstan» on creation of «Trade Service Provider» in the Kyrgyz Republic took place. The project is implemented by CJSC «Interbank Processing Center» and Korean companies «BC Card» and «Smartro».

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The implementation of the project «Trade Service Provider» in Kyrgyzstan will make a significant contribution to the development of digital payment technologies and increase the amount of non-cash payments, as well as will lead to a new level of financial payment system in Kyrgyzstan. The agreement is not only an investment project, but also an important step out of the "shadow economy"

Earlier, the Korean side conducted a study of the shadow finance  sector of the Kyrgyz Republic. According to Korean experts, their share is 72%.

During the speech, Ambassador A.Ismailova noted that the signing of this agreement will ensure transparency of the economy of the Kyrgyz Republic. The signing is a very important and exemplary step for the development and strengthening of bilateral cooperation in trade and economic sector, in particular, financial direction.