Kyrgyzstan business delegation visits ICCI

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Kyrgyzstan business delegation visits Islamabad Chamber of Commerce & Industry to explore business partnerships

Islamabad, 22 April 2022 (TDI): Dzhunushaliev Aibek, Head of the Department for Controlling the Execution of Decisions of the President and the Cabinet of Ministers of the Presidential Administration of the Kyrgyz Republic, led a business delegation from Kyrgyzstan to the Islamabad Chamber of Commerce and Industry (ICCI) to explore business opportunities with the Islamabad business community.

The delegates were the representatives of the industries of mining, pharmaceuticals, agriculture, textiles, chemicals, food processing & products, construction materials, logistics, IT & telecom, shipbuilding, renewable energy, metallurgy, gold, sugar, ventilation equipment, etc. The delegation was also joined by the Ambassador of Kyrgyzstan, Totuiaev Ulanbek Asankulovich.

Remarks by the Head of Delegation: 

Dzhunushaliev Aibek, who was heading the delegation, stated that Kyrgyzstan is committed to promoting business and economic relations with Pakistan. Both countries have significant potential to collaborate in various areas of the economy.

He emphasized that Pakistan and Kyrgyzstan should form business working groups to improve the legislative environment and allow private businesses to access their markets. He added that a business group from Kyrgyzstan had been to Pakistan to seek commercial opportunities with Pakistani colleagues in areas of mutual interest.

Remarks by the Ambassador:

Ambassador Asankulovich stated that Pakistan and Kyrgyzstan have good ties and that his administration wishes to expand collaboration with Pakistan in all domains. He stated that his embassy would support activities to strengthen commercial ties between the two nations’ corporate sectors.

Remarks by President ICCI

Muhammad Shakeel Munir, President of the Islamabad Chamber of Commerce and Industry, said that Pakistan and Kyrgyzstan could collaborate in various fields, including minerals and mining, agriculture, industry, energy, and tourism.

He believes that both nations’ geographic locations provide them with opportunities to further collaboration and play a role in developing trade connectivity in their respective areas and markets. He believes Pakistan could help Kyrgyzstan get access to a number of lucrative markets, including the Middle East, South Asia, and China.  In the same way, Kyrgyzstan may give Pakistan easy access to Central Asian countries. As a result, strong trade and economic ties would be advantageous to both nations and regions.

He stated that Pakistan and Kyrgyzstan currently trade in a limited number of items and should diversify their trade to achieve better results. He claims many Pakistani products, such as marble and granite, fruits and vegetables, construction materials, and other items, can find a good market in Kyrgyzstan.

Jamshaid Akhtar Sheikh, Senior Vice President of the ICCI, Tariq Sadiq, President of the Islamabad Industrial Association, Nasir Qureshi, Sanaullah Khan, Fasee Ullah Khan, and others spoke at the event and expressed an interest in forming business partnerships with Kyrgyzstan’s business community in areas of mutual interest.

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