Ambassador of Kyrgyzstan meets with minister of state for foreign affairs of Sri Lanka

Bishkek, Feb. 5, 2024. /Kabar/. Ambassador of Kyrgyzstan to Sri Lanka Askar Beshimov met with Minister of State for Foreign Affairs of Sri Lanka Tharaka Balasuriya.

During the meeting, Beshimov noted that the Kyrgyz side attaches great importance to the comprehensive development of friendly relations with Sri Lanka.

The parties emphasized that cooperation is fruitfully developing between Kyrgyzstan and Sri Lanka within the framework of multilateral organizations. The countries have a common and deep mutual understanding on issues of multilateral cooperation in the international arena.

Particular attention was paid to the possibilities of trade and economic cooperation. The parties agreed that the existing potential of bilateral trade relations is not fully used, primarily due to geographical remoteness and difficulties in establishing transport and communication links.

Beshimov briefly informed about the investment potential of the Kyrgyz Republic. Of particular interest was possible cooperation in the mini-hydroelectric power plant construction sector.

Balasuriya noted Sri Lanka's vast experience in the construction and operation of mini-hydroelectric power plants and expressed the readiness of the Sri Lankan side to share experience in this sector.

The parties agreed to maintain contacts in order to strengthen and expand bilateral cooperation in all aspects.

At the same time, on February 2, 2024, Beshimov also met with Ashok Randeni, Chairman of the Board of CEC Group.

During the meeting, the possibilities of attracting Sri Lankan investments to Kyrgyzstan were discussed.

In particular, Randeni expressed his readiness to invest 25-30 million US dollars in joint projects in the field of tourism, construction of hotels, guest houses, and processing of agricultural products.

The parties agreed to organize a visit of a CEC Group business delegation to Kyrgyzstan in the first half of 2024 to establish direct business contacts and conclude relevant agreements.

CEC Group is one of Sri Lanka's leading group of companies in the fields of construction, tourism and agriculture.