Agreement reached to establish joint Saudi-Kyrgyz Business Council
BISHKEK — Saudi Arabia and Kyrgyzstan have signed an agreement to establish a joint Saudi-Kyrgyz Business Council, a significant step towards advancing economic cooperation. The agreement was signed by the Federation of Saudi Chambers of Commerce (FSC) and the Kyrgyz Chamber of Commerce and Industry during the Saudi-Kyrgyz Business Forum in Bishkek, capital of Kyrgyzstan.
FSC Chairman Hassan Alhwaizy emphasized that the council's establishment underscores a mutual commitment and will provide a robust platform for business leaders to cultivate commercial partnerships and leverage ample opportunities between the two nations.
Meanwhile, Prime Minister of the Kyrgyztan Adylbek Kasymaliev met with FSC Chairman Hassan Alhwaizy in Bishkek on Tuesday, along with his accompanying delegation of Saudi investors and representatives from government agencies.
Speaking on the occasion, Kasymaliev highlighted the incentives and investment opportunities available for Saudi investors, encouraging them to explore key sectors such as hydropower, agriculture, and tourism. He emphasized that fostering an attractive investment climate for foreign investors, including Saudi partners, and boosting bilateral trade are top priorities of Kyrgyzstan's economic policy.
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