Kyrgyz FM’s visit to Azerbaijan. Kyrgyz side proposes to establish cooperation between Alyat FEZ and Bishkek FEZ

Bishkek, July 2, 2021. / Kabar /. Minister of Foreign Affairs of the Kyrgyz Republic Ruslan Kazakbaev paid an official visit to the Republic of Azerbaijan. According to the Ministry of Foreign Affairs of Kyrgyzstan, within the framework of the visit, the minister held a meeting with chairman of the board of the authorized structure of the Alyat Free Economic Zone (FEZ) Valekh Aleskerov. Kazakbaev informed about the interest of the Cabinet of Ministers of the Kyrgyz Republic in studying and adopting experience in the preparation of a regulatory framework for attracting large foreign investments and creating the necessary conditions and guarantees for investors, the report said. In turn, the chairman of the board spoke in detail about the Alyat FEZ and the extraterritorial nature of the legislation of the FEZ. “Its specificity is its focus on high technologies, a world-class business environment and export of the knowledge economy,” he said. Thus, the minister proposed to establish bilateral ties and mutually beneficial business cooperation between Alyat FEZ and Bishkek FEZ both at the level of governing structures and at the level of subjects of foreign economic activity, as well as to discuss issues of increasing trade and investment volumes. Following the meeting, Kazakbaev invited Aleskerov to visit the Kyrgyz Republic. Alyat FEZ was created in May 2020 as a trade and logistics center. Alyat FEZ is focused on providing a world-class business environment with transit and logistics infrastructure, exporting products with high added value.