It is quite possible to bring trade turnover of Kyrgyzstan and Turkey to USD 1 bln

Bishkek, June 15, 2021. / Kabar /. It is quite possible to bring the trade between Kyrgyzstan and Turkey to USD 1 billion, Doctor of Economics Tolonbek Abdyrov told on the air of the national channel. He recalled that before the pandemic, trade with Turkey reached almost USD 500 million. “The president of Kyrgyzstan, during his visit to Turkey, said in his speech that the Ministry of Investments was specially created to attract investments. Why don't investors come to us, not only from Turkey? They are afraid that after they invest, no one will give them guarantees. Therefore, the president in his decree gave the answer to all these questions. All investors will be under the protection and supervision of this ministry,” he said. In addition, the economist noted the need to build good relationships with business in order to increase joint ventures. “We need to use the experience of Turkey. After the collapse of the Ottoman Empire, many European countries tried to capture them. But they got out. Turkey now has the 18th economy in the world, with a GDP of nearly USD 1 trillion. Their 58% of GDP is occupied by the tourism sector. The sphere of providing services at the highest level. We have to learn all this from them,” he said. Abdyrov also added that the documents signed during the visit of President Sadyr Zhaparov to Turkey create good conditions for the development of cooperation.