Bishkek, May 24, 2022. / Kabar /. Ambassador of Kyrgyzstan to the State of Kuwait Azamat Karagulov held a meeting with Director General of the Kuwait Fund for Arab Economic Development (KFAED) Marwan Abdallah Al-Ghanim to discuss topical issues of Kyrgyz-Kuwait credit and investment cooperation.
The press service of the Ministry of Foreign Affairs of the Kyrgyz Republic said that during the meeting, Karagulov informed about the stage of implementation of projects in Kyrgyzstan funded by KFAED, the main problematic aspects and efforts of the Ministry of Foreign Affairs and the Embassy to improve the effectiveness of interaction. He also reported on the plans of the Cabinet of Ministers of the Kyrgyz Republic to hold the Fourth Round Table with the participation of the development funds of the Arab Coordination Group (ACG).
General Director of the Kuwait Fund Al-Ghanim welcomed the efforts of the Kyrgyz side to improve credit cooperation and the intention to hold another meeting with ACG member funds, which will allow summing up the results of many years of interaction between the parties, as well as considering new projects to develop infrastructure and the most important sectors of the country's economy. During the conversation, the head of the Fund confirmed the focus on further support for fraternal Kyrgyzstan.
The sides also exchanged views on improving the efficiency of further cooperation, agreeing on the need for more prompt interaction between the relevant departments of the Kyrgyz Republic with KFAED and timely implementation of agreements on funded projects.
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