Issues of investment and bilateral cooperation between Kyrgyzstan, U.S. discussed

Bishkek, Dec.12, 2024. /Kabar/. Deputy Minister of Economy and Commerce of Kyrgyzstan Sanzhar Bolotov met in Bishkek with Andrew Glass, the Commercial Chief of the U.S. Department of Commerce and Liz Zentos, the Deputy Chief of Mission at the U.S. Embassy in Bishkek.

The press service of the Kyrgyz Economy Ministry reported that the sides discussed issues of investment and bilateral cooperation between Kyrgyzstan and the U.S., as well as prospects for the development of key areas of cooperation in various sectors of the economy.

The deputy minister noted the positive dynamics of mutual trade growth and emphasized that there is already a successful experience of cooperation between the U.S. and Kyrgyzstan in such important areas as health care, education, women's entrepreneurship, including within the framework of projects of the U.S. Agency for International Development (USAID).

Sanzhar Bolotov outlined the existing mechanisms of cooperation, proposed new areas of interaction and voiced a number of specific measures to intensify bilateral economic cooperation.

The parties discussed prospects for cooperation in the IT sector, including blockchain and cryptocurrencies, as well as in such areas as energy, tourism, venture capital investment, textile industry and others.

The meeting also addressed the development and deepening of interaction between the business communities of the two countries. The participants agreed on the need to intensify contacts between small and medium-sized businesses, organize more substantive business forums to establish direct ties between companies of the two countries, as well as attract technologies, innovations and investments to the republic.