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TASHKENT (TCA) — The Minister of Foreign Affairs of Uzbekistan, Abdulaziz Kamilov, who arrived in London to attend the Global Conference for Media Freedom, met with a group of members of Parliament of the United Kingdom, Uzbekistan’s Jahon official information agency reported on July 11. Continue reading
ASTANA (TCA) — Investment opportunities of Kazakhstan were presented at a seminar in London, held at the headquarters of the consulting company British Expertise International with the support of the Embassy of Kazakhstan in the UK, Kazakh Invest National Company for Investment Support and Promotion reported on May 2. Continue reading
BISHKEK (TCA) — On March 1, the second UK Trade Mission is finishing its visit to Kyrgyzstan, having conducted a series of business meetings in the country. On February 28, there were B2G meetings in the Government Office, the Ministry of Culture, Information and Tourism, the Ministry of Education and Science, the State Committee for Industry, Energy and Subsoil Use, and other state agencies. On February 27, B2B meetings took place. Kyrgyzstan becomes a good partner "The reforms that are carried out in Kyrgyzstan allow us to open our country to investors from the new side. We are becoming a good partner," Kyrgyzstan’s Economy Minister Artem Novikov said at the presentation of the UK Trade Mission on February 27. "Our business people can see which contracts could be concluded to improve trade relations with the UK," the minister said and told the guests about the country's investment potential. Kyrgyzstan has great potential for economic growth. For the past six years, the country has managed to double its GDP in nominal terms, Novikov said. In 2017, the total trade increased by 12.5%, with exports growing faster than imports. Trade with the UK has increased fivefold in 2017 compared to 2016, with a significant share of gold and precious metals. The minister expressed the hope that trade between the two countries will also develop in other sectors. The arrival of the UK Trade Mission is of great importance for Kyrgyzstan. In the future, such meetings should be held more than once a year but quarterly or once in six months, and they should be more extended to cover all areas, the minister said. Kyrgyzstan is implementing the Taza Koom (Clean Society) digital transformation program which will reduce corruption and provide business opportunities for development in electronic commerce and other industries. "We have introduced stabilization regimes for investors and adopted a law that opens up opportunities for tax benefits for industrial enterprises. There is a law on public-private partnership and fiscal mechanisms for electronic procedures are being introduced. According to international ratings, our country ranks first in protecting investors among the CIS countries," Novikov added. The minister drew attention to the tourist potential of Kyrgyzstan. "Forbes magazine included Kyrgyzstan in the top ten list of recommended Best Budget Travel Destinations,” he said. Previously, Business Insider included the country in the top 12 emerging travel destinations. Kyrgyzstan was also among the top ten countries tipped for a tourism boom by WTTC. The minister urged British companies to invest in the Kyrgyz processing industry, energy sector, tourism, and light industry. Opportunities for cooperation According to UK Ambassador to Kyrgyzstan Robin Ord-Smith, the trade between the two countries amounted to $5.1 million for 10 months of 2017, and direct investments for 9 months were $27.6 million. The UK wants to achieve an increase in trade between the two countries. There are many opportunities for cooperation between our states in education, the Taza Koom program, providing legal and business services, the Ambassador said. Last year a UK...
BISHKEK (TCA) — From 26 February to 1 March 2018, United Kingdom undertakes second Trade Mission to Bishkek, Kyrgyzstan. A delegation of seven UK companies, led by the London based organization “British Expertise International”, will meet with the Ministry of Economy, representatives of businesses, and international organizations in Bishkek. The event is aimed at establishing stronger relations around education reforms, policy and infrastructure development, provision of media and IT solutions, the British Embassy in Bishkek said. Continue reading
ASHGABAT (TCA) — The 6th session of the Turkmen–British Trade and Industrial Council was held in London. A delegation of Turkmenistan took part in the event, organized by the Governments of the two countries and aimed at expansion of bilateral cooperation and establishing business contacts with British companies willing to enter the Turkmen market, the State News Agency of Turkmenistan reported on January 23. The forum was opened by Co-chairman of the Council, Ambassador Ronald Nash, who spoke about the dynamics of Turkmen-British cooperation, and highlighted the role of the Turkmen leader in the comprehensive intensification of Turkmen-British dialog. British business circles were represented by top managers of such companies as Shell, BP, Rolls-Royce, De La Rue, Aggreko, as well as London Stock Exchange. The representatives of Turkmenistan introduced the priorities of the country’s economic policy, its modernization and diversification plans. It was mentioned that cooperation between Turkmenistan and Great Britain is steadily developing. Fuel and energy sector, trade, economic and banking spheres, transport and communications, agriculture and education were highlighted among the leading spheres of cooperation. The sides highlighted the presence of big potential for considerable increase in trade between the two states. In this context, important role is given to the Turkmen–British Trade and Industrial Council, which serves as an efficient platform for discussion of ideas and development of efficient partnership mechanisms. Today, 24 companies with the participation of British capital and 174 investment projects with the participation of British companies to the total amount of 1.5 billion US dollars are registered in Turkmenistan.
ASTANA (TCA) — A delegation of Kazakhstan concluded a number of agreements with large British companies during the 4th meeting of the Kazakh-British Intergovernmental Commission for trade, economic, scientific, technical and cultural cooperation held in London last week, the official website of the Prime Minister of Kazakhstan reported. Continue reading
