Kyrgyzstan keen on joint ventures with Pak businessmen, investors
Kyrgyzstan has offered a basket of incentives to fully facilitate Pakistani entrepreneurs and investors in joint ventures.
Ms Asel Begmatova, Head of External Relations Department of Kyrgyz Ministry of Economy and Commerce, presented these offers to Pak trade delegation led by Meher Kashif Younis, honorary Consul of Kyrgyzstan in Pakistan. The delegation is on a two-week visit to Kyrgyzstan to study the scope of further strengthening bilateral trade and promotion of exports. Kyrgyzstan Trade House (KTH) President Dr Shahid Hassan was also present, according to Meher’s spokesperson here Sunday.
Briefing the Pakistani delegation, Ms Begmatova said that joint ventures would not only cater to Kyrgyz needs but also generate profits of investors with sovereign guarantees. She added, “Our welcoming stance towards Pakistani entrepreneurs and investors signifies a mutual desire to strengthen economic ties and foster bilateral cooperation by providing ample support and assistance, Kyrgyzstan aims to create an environment conducive to investment and business collaboration.” The emphasis on joint ventures underscores the importance of partnerships that leverage the strengths and resources of both nations, she remarked, citing that collaborative efforts between Pakistani and Kyrgyz businesses hold the potential to tap into diverse markets, capitalise on comparative advantages, and drive economic growth.
