Bishkek, Sept. 26, 2020 / Kabar /. Hungary will be the first European country with which Kyrgyzstan will sign a Joint Declaration on Strategic Cooperation, President of the Kyrgyz Republic Sooronbay Jeenbekov said.
In an interview with the state radio on Saturday the head of state noted that such an agreement has not yet been signed with any European country.
President Jeenbekov expressed confidence that this step will raise relations to a qualitatively new strategic level. “We also intend to establish a Kyrgyz-Hungarian Development Fund. The Hungarian Eximbank is going to allocate EUR 50 million for the fund as working capital. With the participation of this fund, we will create joint ventures, the fund will provide low-interest loans to small and medium-sized businesses,” he said naming it another very good achievement.
Also, the head of state noted that in September 2019, the European office of the Turkic Council was opened in Budapest to finance the representation of its members, including Kyrgyzstan and he is going to visit this office.
“In addition, within the framework of the visit, a business forum is planned with the participation of representatives of business structures of the two countries, where the possibility of entering Kyrgyz entrepreneurs to the Hungarian markets. In addition, there will be another good event - one of the squares in Budapest will be named after our great writer Chyngyz Aitmatov. My visit covers not only trade and economic, but also cultural spheres,” President Jeenbekov said voicing hope that the trip will be fruitful and raise Kyrgyz-Hungarian cooperation to a good level and strengthen ties.
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