Kyrgyzstan: Pakistan interested in cooperation

Pakistan is interested in partnership with Kyrgyzstan in such spheres as medicine, pharmaceuticals industry, IT technologies, agriculture, and also in the mining industry, members of the Chamber of Commerce and Industry of Iran stated at a meeting with delegation of the Parliament of Kyrgyzstan. The Speaker Chynybay Tursunbekov said that Kyrgyzstan had created a liberal…

Kyrgyzstan: EDB allocates $110 million to commission second unit of Kambarata HPP-2

The Ministry of Finance of Kyrgyzstan and the Eurasian Development Bank signed an agreement on granting an investment loan from the Eurasian Stabilization and Development Fund to finance the project “Commissioning of the second hydroelectric unit of Kambarata HPP-2” for $110 million. In addition to the construction and commissioning of the second hydrounit of the…

Kyrgyzstan: GDP growing in January-February 2017

The National Statistical Committee presented the results of the social and economic development of Kyrgyzstan for January-February. According to the committee, in the first two months of 2017, GDP amounted to almost 52 billion soms. In comparison with 2016, it grew by 5.4%. Without taking into account the enterprises developing Kumtor mine, the indicator is…

Kyrgyzstan: gold – most exported commodity

Gold remains the main export commodity of Kyrgyzstan, and Switzerland is its main buyer. This European country accounts for 42% of total exports of Kyrgyzstan, website of the Ministry of Economy of the Kyrgyz Republic reported. According to the ministry, in general, Kyrgyzstan carries out deliveries to more than 80 countries. Several countries account for…

Kyrgyzstan: government to finance start-ups

The government of Kyrgyzstan is developing a roadmap for business support. Possibility of start-ups financing is considered within the program, Deputy Economy Minister Daniyar Imanaliev announced. According to him, the program provides for the creation of additional financial instruments, in order for the businessmen to receive more support. In addition, the government is going to…

Kyrgyzstan: 45 mobile slaughterhouses needed to export more meat

Kyrgyzstan shall create 45 mobile slaughterhouses in order to provide the planned large volumes of production and export of meat, Deputy Economy Minister Daniyar Imanaliev said. According to him, the government is currently developing a mechanism for concessional lending of export-oriented and import-substituting enterprises. In addition, Kyrgyzstan needs buffer infrastructure for the collection, logistics and…