Kyrgyz Republic and UAE Strengthen Trade and Economic Ties

A recent business forum in Dubai brought together entrepreneurs and government officials from the Kyrgyz Republic and the United Arab Emirates to promote trade and investment cooperation. The forum was attended by over 100 participants, including 40 Kyrgyz companies, and resulted in the signing of trade contracts worth $3,200,000. The event was part of the UN Development Programme's project "Aid for Trade in Central Asia," which aims to support economic development in the region.

Key Takeaways:

• The business forum was opened by senior officials from the Kyrgyz Republic and the UAE, including Deputy Chairman of the Cabinet of Ministers Aziz Aaliyev and Vice-President of Dubai Chamber of Commerce and Industry for International Cooperation Zassan Al Hashemi.
• The main purpose of the mission was to promote domestic products in the Arab market and develop trade, economic, and investment cooperation between the Kyrgyz Republic and the UAE.
• A comprehensive presentation on investment opportunities in the Kyrgyz Republic was provided, and major entrepreneurs demonstrated their promising projects.
• A B2B session was held during the forum, where businessmen from the two countries discussed further cooperation.
• 40 Kyrgyz companies from various sectors, including food and light industry, IT, energy, and pharmaceuticals, participated in the event.
• A number of trade contracts were signed for the supply of Kyrgyzstan's meat, honey, and dried fruits for a total of $3,200,000.
• The event was supported by the UN Development Programme's project "Aid for Trade in Central Asia" and received support from the Government of Finland.

Statistics:

• 100 participants attended the business forum, including 40 Kyrgyz companies.
• The total value of trade contracts signed was $3,200,000.
• 40 Kyrgyz companies from various sectors participated in the event.

Sources:

- United Nations Development Programme (UNDP) in Kyrgyzstan