A delegation from UK Export Finance (UKEF), led by Sebnem Alp, Country Head for Türkiye, Eastern Europe, and Central Asia, is set to visit Kyrgyzstan. The visit was confirmed during a meeting between the UK’s Ambassador to Kyrgyzstan, Nicholas Bowler, and Daniyar Amangeldiev, First Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan.
The discussions during the visit are expected to focus on potential frameworks for capital infusion strategies, although the specific details and timeline of these plans have not been disclosed. Both parties also emphasized the importance of strengthening the bilateral relationship between the two countries and discussed collaborative initiatives.
Additionally, Amangeldiev highlighted a recent memorandum of understanding signed on February 6 between the Kyrgyz government and United Concrete Canvas, a UK-based company. This agreement aims to establish a facility in Kyrgyzstan for the production of cement composite materials.
In the meeting, Ambassador Bowler also congratulated Kyrgyzstan on the successful completion of the delimitation and demarcation of its borders with Tajikistan, calling it a positive step for regional stability.
The UK government had previously announced a £1.8 billion funding allocation for projects in Kyrgyzstan, to be accessed through UKEF at competitive rates. In the 2023-2024 financial year, UKEF supported UK exporters with £8.8 billion in financial assistance.
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