China, Kyrgyzstan to boost trade, economic cooperation

BISHKEK - Representatives of Chinese companies doing business in Kyrgyzstan met here on Thursday with the country's First Deputy Prime Minister and co-chairman of the Kyrgyz-Chinese intergovernmental commission Muhammetkaly Abulgaziev.

The meeting was also attended by Chinese Ambassador to Kyrgyzstan Xiao Qinghua, the Kyrgyz Government's press service reported.

Xiao said China highly values good-neighborly relations with Kyrgyzstan and is committed to strengthening relations in all areas of cooperation. "We are ready to develop bilateral cooperation in all areas of the economy, particularly in the fields of agriculture, transport and infrastructure."

"China is ready to discuss proposals for investment, implementation of joint major projects. China is interested in bringing our cooperation to a higher, new level. We are not going to stop on what has been achieved, we intend to boost our cooperation," the Ambassador said.

Speaking at the meeting, Abulgaziev said that China is a friendly neighbor for Kyrgyzstan, a reliable partner.

"Kyrgyzstan is open to foreign investors and is interested in attracting investments in the national economy of the country. We are trying to create favorable conditions for doing business in our country, including for foreign entrepreneurs. Our good-neighborly relations with China are based on mutual understanding and respect, and we intend to develop them, particularly in the economic sphere," Abulgaziev said.

Representatives of Chinese companies talked about the achievements in the implementation of their projects in Kyrgyzstan, especially in the mining industry, energy and transport infrastructure.

The two sides also discussed further joint work aimed at the effective development of partnership in the trade and economic sphere.

The Kyrgyz official stressed Kyrgyzstan always supports investors and is open for their suggestions in improving the conditions for doing business in the country.