Kyrgyz-Chinese investment forum held in Beijing

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Bishkek, December 18. The Kyrgyz-Chinese investment forum is held in Beijing within the framework of the official visit of Prime Minister of Kyrgyzstan Temir Sariev to China.

The forum was attended by representatives of state bodies, as well as the business environment of Kyrgyzstan and China, the Kyrgyz Government’s press office reports.

Opening the event, Minister of Economy of Kyrgyzstan Arzybek Kozhoshev noted the presence of closer economic cooperation between Kyrgyzstan and China, and he stressed that there is great potential for its expansion.

“China is close neighbor and largest investment partner of Kyrgyzstan. In 2014, trade volume between China and Kyrgyzstan amounted to $ 1 billion 180 million. This shows that the two countries have the opportunity to expand and enhance economic cooperation,” said the minister.

According Arzybek Kozhoshev, Kyrgyzstan is a full member of the Eurasian Economic Union, noting great opportunities for investors in the framework of the EEU.

In addition, during the forum, representatives of Investment Promotion Agency of the Ministry of Economy of the Kyrgyz Republic, as well as the Chamber of Commerce of the Kyrgyz Republic informed on investment opportunities in Kyrgyzstan. Representatives of the Association of resorts of Kyrgyzstan and high-tech park of Kyrgyzstan also presented their projects.

In turn, Chinese companies such as China Road and Bridge Corporation, Tapline, San churn Beijing Century Energy Technology Corporation provided information on their projects.

On the results of the forum the Chinese company IZP and Interbank progressive center of Kyrgyzstan signed an agreement on strategic cooperation in clearing and settlement systems in cross-border trade between Kyrgyzstan and China.

Also, an agreement was signed between the Company IZP and Bai Tushum Bank on strategic cooperation between Kyrgyzstan and China to promote cross-border trading platform and settlement bank services.

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