Next meeting held by Council of Azerbaijan-Kyrgyz Development Fund

The organizational and legal issues on the agenda, the credit, investment and accounting policy of the institution were discussed at the 3rd meeting of the Council of the Azerbaijan-Kyrgyz Development Fund.

The 3rd meeting of the Council was held online under the chairmanship of Elnur Aliyev, Chairman of the Council of Azerbaijan-Kyrgyz Development Fund, First Deputy Minister of Economy of Azerbaijan.

The development of economic relations between the two countries was emphasized at the meeting attended by representatives of relevant state institutions of Azerbaijan and Kyrgyzstan. It was reported that measures are being taken for the implementation of joint investment projects and more effective use of the export-import opportunities of our countries. From this point of view, Azerbaijan-Kyrgyzstan Development Fund is an important platform.

The Fund, established for the purpose of diversifying economic cooperation and helping to realize the existing potential, will support the financing of priority projects of business entities registered and operating in Kyrgyzstan. Priority projects in agro-industrial complex, energy, horticulture, textile, tourism and other areas will be financed within the framework of this platform using various financial instruments.

They discussed issues on the agenda, including conducting market research, establishing business relations with credit organizations, and the Fund's credit, investment and accounting policy at the meeting.