The Director of the 6th Political Department of the MFA of the Kyrgyz Republic Ermek Omuraliev met with Mr. Martino Castellani, Regional Director of the Italian Trade Agency in Almaty and Ms. Maria Bespalova, Honorary Consul of Italy in Kyrgyzstan

On May 13, 2022, Mr. Ermek Omuraliev, Director of the Sixth Political Department of the Ministry of Foreign Affairs of the Kyrgyz Republic, jointly with the representative of the National Investment Agency under the President of the Kyrgyz Republic, met with Mr. Martino Castellani, Regional Director of the Italian Trade Agency in Almaty, and Ms. Maria Bespalova, Honorary Consul of Italy in Kyrgyzstan.

During the meeting, the Sides noted and discussed a wide range of issues on enhancing bilateral economic cooperation and exchanged views on specific projects scheduled for implementation in 2022-2023.

Focusing the guest’s attention on the work carried out by the Cabinet of the Ministers of the Kyrgyz Republic and efforts aimed at the socio-economic development of the Kyrgyz Republic, the Italian side had been provided with information on priority sectors of the economy with an emphasis on the specific potential sectors of trade, economic and investment cooperation, the main aspects of doing business in the Kyrgyz Republic and potential investment projects, the expediency and concept of the creation of the Kyrgyz-Italian Business Council, the Kyrgyz-Italian Development Fund, and the organization of business missions of representatives of the business circles of both countries to each other as important mechanisms for the practical activity of Kyrgyz-Italian cooperation. In particular, taking into account certain achievements of Kyrgyz entrepreneurs of the garment and textile industry, on the one hand, and the international experience of Italy with its world-famous brands and technologies of the garment and textile industry, on the other hand, the Kyrgyz side had proposed to organize mutual visits of industry entities in order to improve skills, exchange experience of advanced technologies and discuss potential cooperation.

In turn, M.Castellani noted the high potential of similar cooperation in agriculture, food processing and other industries, where the Kyrgyz side could adopt the best practices of the Italian side, thereby improving the quality of products. Stressing the prospects of cooperation in the garment and textile industry and the importance of organizing mutual visits of business missions, the Head of the Italian Trade Agency expressed readiness for active cooperation and invited the Kyrgyz side to take a part in the planned exhibition of leading Italian manufacturers of sewing equipment in Tashkent on September, assuming that such events would allow finding common ground for building mutually beneficial trade and economic cooperation, and determining an effective format of interaction between the business circles of the Kyrgyz Republic and Italy.

At the same time, in accordance to the initiative of the Kyrgyz side, taking into account the urgency of preparing investment projects in accordance with international standards, the issue of organizing special educational seminars for employees of state and municipal bodies of the Kyrgyz Republic was discussed. The representative of the Ministry of Foreign Affairs of the Kyrgyz Republic, emphasizing the decision of the country's leadership to raise the status of the authorized state agency for attracting investments to the National Investment Agency (NAI) under the President of the Kyrgyz Republic, informed that the key coordinating state agency from the Kyrgyz side for the implementation of this project would be the NAI under the President of the Kyrgyz Republic. The Italian side, having informed about the availability of experience not only in the preparation, but also in the marketing of investment projects, expressed its readiness to assist in the implementation in a short period of time.

In conclusion, the Parties, emphasizing the importance of the opened Embassy of the Kyrgyz Republic in Italy and the active work of the Regional Office of the Italian Trade Agency in Almaty under the auspices of the Embassy of Italy in the Kyrgyz Republic, agreed to work out organizational and technical aspects on all the above mentioned aspects with interested authorized bodies, to include them in the Program of the Kyrgyz-Italian cooperation for 2022-2023 and thus, to increase bilateral cooperation with substantive projects.