Sadyr Zhaparov meets Turkish business representaives

Bishkek, Nov. 12, 2021 / Kabar /. President of Kyrgyzstan Sadyr Zhaparov met in Istanbul, Turkey with representatives of the largest business in Turkey within the framework of participation in the Turkic Council Summit. During the conversation, the head of state noted that about 300 companies with Turkish capital operate in Kyrgyzstan in various fields, in which more than 5,000 Kyrgyzstanis work. The president expressed confidence that many more successful business projects will be implemented between Kyrgyzstan and Turkey, and called on Turkish businessmen to actively invest in Kyrgyzstan. Sadyr Zhaparov spoke about measures to support and protect the rights of investors, create favorable conditions for foreign entrepreneurs and assist in the implementation of their initiatives and projects. The head of state stressed that in increasing the volume of trade between the countries, a large role is assigned to business, which is the main locomotive of trade and economic relations between the two countries. President Sadyr Zhaparov noted that Kyrgyzstan, which has great investment potential, can and is ready to become a "window" for Turkish investors to enter the markets of the Eurasian Economic Union, China and other neighboring states. He expressed hope that today's event will open up broad prospects for the development of fruitful business contacts. President Zhaparov expressed interest in attracting investments, advanced technologies and management of Turkish companies in the development of the Kyrgyz economy. “We are taking decisive steps to attract investors, to create an open business and investment climate. This is one of the most important priorities of the Kyrgyz Republic,” he said. In turn, Aydin Mistachoglu, Chairman of the Board of Management, co-chairman of the Kyrgyz-Turkish Business Council under the Council for Foreign Economic Relations of Turkey, said that the meeting brought together representatives of large Turkish companies. He expressed gratitude to President Sadyr Zhaparov for the conditions created in Kyrgyzstan for foreign investors. According to data of Aydin Mistachoglu, this year the trade turnover between Kyrgyzstan and Turkey has increased compared to 2020. However, he believes that Kyrgyzstan and Turkey have a greater potential for cooperation in the economy and the existing volume of trade does not meet the level that may be. “We intend to do our bit in bringing the trade turnover between our countries to a new level,” Aydin Mistachoglu assured. The meeting with President Sadyr Zhaparov was attended by representatives of the largest companies in Turkey in the field of subsoil use, construction, energy, information technology, light industry, as well as healthcare and education.