Kyrgyzstan seeks investment from Bangladesh

Kyrgyzstan invited  Bangladesh business leaders to invest in their country and also for Kyrgyz-Bangladesh joint venture in the Kyrgyz Republic. 

Mentioning about loan facilities available for joint venture in Kyrgyzstan, Honorary Consul of Bangladesh at Kyrgyz Republic Temirbek Erkinov said that workers from Bangladesh can be employed in the joint ventures. 

He made the remarks at a meeting with  Federaton of Bangladesh Chambers and Commerce Industry (FBCCI) leaders at FBCCI office in the city on Monday.

Among others, FBCCI President Md Shafiul Islam (Mohiuddin), Senior Vice-president Sheikh  Fazle Fahim and Vice-president Md Muntakim Ashraf took part in the discussion. FBCCI Secretary General (in-charge) Hussain Jamil also attended the discussion. 

In the meeting, FBCCI President Md Shafiul Islam (Mohiuddin) briefed the consul about the role of private sector in the fast growing development of Bangladesh. 

Responding to a proposal of Erkinov, the FBCCI President agreed to establish effective communication with the Kyrgyz Chamber of Commerce and Industry. They also agreed to take initiative for signing a 'Memorandum of Understanding (MoU)' between the national chambers of two countries. 

It may be mentioned that Bangladesh exported total amount of US $0.04 million to Kyrgyzstan in 2016-17 and imported the amount of US $0.09 million in 2015-2016. 

The principal export products of Bangladesh to Kyrgyz are woven garments, knitwear and home textile etc. The import items from Kyrgyz include textiles, textile articles, glass and glassware etc

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