Kyrgyzstan and Turkiye discusss opening of Kyrgyz-Turkish investment fund

Bishkek, Aug. 18, 2022 / Kabar /. Kyrgyzstan and Turkiye discussed the opening of a Kyrgyz-Turkish investment fund, the Kyrgyz Foreign Ministry reported. The discussion is held during Kyrgyz Minister of Foreign Affairs Jeenbek Kulubaev’s official visit to Turkiye on Aug. 16 - 17, 2022, at the invitation of Minister of Foreign Affairs of Turkiye Mevlut Cavusoglu. The day before, diplomatic representatives held the 5th meeting of the Joint Strategic Planning Group, where meetings were held in a narrow and expanded format. The ministers comprehensively assessed the current state of Kyrgyz-Turkish relations and the possibilities for their development and deepening in all areas, and also exchanged views on issues of the regional and international agenda. The sides called for deepening cooperation and coordination in such areas as the economy and trade, security and defense, education and healthcare, transport and energy, culture, tourism, sports and more. In this context, the sides agreed to make maximum use of bilateral and multilateral mechanisms. Noting the importance of developing transit and transport corridors in modern conditions, the foreign ministers expressed their readiness for further close work to expand the potential of international land, air and rail transportation. The colleagues of Kyrgyzstan and Turkiye reaffirmed their readiness to make joint efforts to quickly achieve the goal set by the leaders of the two countries to increase the level of trade between the two countries to USD 1 billion. In this regard, issues of the early establishment of the Kyrgyz-Turkish Development Fund (investment) were discussed, the Foreign Ministry said. In addition, an agreement was reached to hold the Days of Culture of Kyrgyzstan in Turkiye in October this year.