26.04.22

Ambassador of Turkmenistan Shadurdy Meredov said that the Turkmen side is initiating a business forum with Kyrgyzstan. He said this during a meeting with the president of the Chamber of Commerce and Industry Marat Sharshekeev, the press service reports.

According to the Ambassador, the trade turnover between the two countries has noticeably revived in recent years and has more than doubled in 2021, amounting to over $80 million.

Kyrgyzstan mainly buys vegetables from Turkmenistan, in particular tomatoes.

"I would like the indicators of trade turnover to grow further. We are ready to consider various proposals of Kyrgyz entrepreneurs regarding the export of their products. From our side, I can say that greenhouse farming, production of polypropylene and polyethylene products is actively developing in Turkmenistan now," Meredov said.

The Ambassador recalled that an agreement was reached between the heads of the two countries on the establishment of the Kyrgyz-Turkmen Development Fund with an authorized capital of $ 100 million. At this stage, a joint project for the construction of a residential building with a shopping complex in Bishkek is being considered. Further, it is planned to create joint ventures and open a Trading house of Turkmenistan in Bishkek.

The business forum will be held in June, but due to the strict quarantine regime in Turkmenistan due to the coronavirus pandemic, the event will be held online. Immediately after the lifting of restrictions, the business circles of the two countries intend to hold a meeting offline.

https://economist.kg/novosti/2022/04/26/v-ijune-planiruetsya-provedenie-kyrgyzko-turkmenskogo-biznes-foruma/