ST. PETERSBURG, June 5. /TASS/. Russia and Kyrgyzstan are preparing contracts worth millions of dollars on the sidelines of the St. Petersburg International Economic Forum (SPIEF), Chairman of the Board of the Russian-Kyrgyz Development Fund Artyom Novikov said in an interview with TASS.

"There are a number of contracts for the supply of products from Russia to the Kyrgyz Republic. These include fish products and metal products. I can’t give you the exact cost of the entire commercial component, but there are examples," he said on the sidelines of the SPIEF. Asked about the price range the official said: "It's not just one million dollars." These are fairly large contracts, he noted. "We will move on to more substantive agreements at the Kyrgyz-Russian Economic Forum, which will be held on August 5-7 on the shores of Lake Issyk-Kul. This is a traditional platform of the Russian-Kyrgyz Development Fund, which encompasses a large number of entrepreneurs," Novikov added.

The St. Petersburg International Economic Forum is taking place on June 3-6. This year’s theme is "Pragmatic Dialogue: the Path to a Stable Future." The forum program is dedicated to shaping a new model of global development amid the ongoing transformation of the world economy.