Ambassador urges Iran to invest in construction of large and small HPPs in Kyrgyzstan

Energy News 20 October 2021 15:19
Begimai Abdimalikova
Ambassador urges Iran to invest in construction of large and small HPPs in Kyrgyzstan

Bishkek, Oct. 20, 2021 . / Kabar / . A meeting took place on Tuesday between Ambassador of Kyrgyzstan to Iran Turdakun Sydykov and Director General for International Economic Cooperation Department of the Iranian Foreign Ministry Seyed Jalaledin Alavi Sabzevari, Kabar reported with the reference to the Kyrgyz Foreign Ministry’s press service.

During the meeting, Sydykov noted the importance of developing trade and economic cooperation, which is a priority in the bilateral relations between Kyrgyzstan and Iran.

The Kyrgyz ambassador emphasized that Kyrgyzstan is the most favorable country with a facilitated investment policy regime and favorable legislation for investors.

In this regard, he urged the Iranian side to invest in the implementation of projects to build large and small HPPs in the Kyrgyz Republic.

Besides, Turdakun Sydykov noted the importance of effective use of transport and transit potential of the two countries, as well as the capabilities of the Iranian sea Bandar Abbas and Chabahar ports for the development of cargo transportation, which will increase the volume of trade turnover between the Kyrgyz Republic and the IRI.

The ambassador of Kyrgyzstan also drew his interlocutor's attention to the importance of opening direct air links between the capitals of the two countries, which would increase the flow of tourists and exchange of business delegations in various sectors.

In turn, Seyed Jalaledin Alavi Sabzevari confirmed Iran's interest in intensifying broader cooperation with Kyrgyzstan in all spheres, including within the Economic Cooperation Organization and the Eurasian Economic Union.

Turdakun Sydykov handed over 50 investment projects in English for consideration and study by Iranian investors from state and private companies.