OPPORTUNITIES
Domestic
Foreign
 
 Home > OPPORTUNITIES
China Establishes New Investment Cooperation Platform with Kyrgyzstan and Tajikistan

MOFCOM

2019-06-24

 

On June 13, during President Xi Jinping's visit to Kyrgyzstan, under the witness of President Xi Jinping and Kyrgyz President Jeenbekov, Chinese Minister of Commerce Zhong Shan and Chairman of the State Committee for Industry, Energy and Mining of the Kyrgyz Republic Osmonbetov, Director of the Agency for Promotion and Protection of Investments Adilbek uulu signed the Memorandum of Understanding between the Ministry of Commerce of the People's Republic of China and Kyrgyz Republic’s State Committee for Industry, Energy and Mining and the Agency for Promotion and Protection of Investments on Establishing a Work Group on Investment and Industrial Cooperation.

 

On June 15, during President Xi Jinping's visit to Tajikistan, under the witness of President Xi Jinping and Tajik President Rahmon, Chinese Minister of Commerce Zhong Shan and the Chairman of the State Committee on Investments and State Property Management of the Republic of Tajikistan Hamralizoda signed the Memorandum of Understanding between the Ministry of Commerce of the People's Republic of China and the Investment and State-owned Assets Management Committee of the Republic of Tajikistan on Establishing a Work Group on Investment Cooperation.

 

In recent years, China's investment cooperation with Kyrgyzstan and Tajikistan has maintained a good development momentum and has remained as the two countries’ largest investment source for many years. Chinese enterprises have implemented a number of major projects in the fields of transportation, communications, and electric power in the two countries, and have made positive contributions to the economic and social development of the two countries. Establishing an investment cooperation mechanism with the two countries is an important measure for China to join hands with them and expand cooperation space and enhance cooperation level.

 

After the establishment of the mechanism, the Ministry of Commerce of the People's Republic of China will continue to work with the relevant departments of Kyrgyzstan and Tajikistan in the spirit of pragmatic cooperation. Led by the Belt and Road Initiative, they will guide the relative investment and cooperation sides such as enterprises, chambers of commerce, financial institutions and local governments to strengthen information exchange and project promotion in terms of policies. Focusing on improving the investment environment and safeguarding the legitimate rights and interests of enterprises, they will strive to study the obstacles and problems in specific investment and cooperation projects in order to promote investment and cooperation with the two countries to achieve high-quality development.

 
Copyright :2011-2012 © Jiangsu Province, Jiangsu Chamber of International Commerce