Kyrgyzstan to take measures to protect Kazakh investments
Kazakhstan, Astana, Feb.7 / Trend A. Maratov /
Kyrgyz Prime Minister Almazbek Atambayev promised to take the necessary measures to protect Kazakh investments during a meeting with Kazakh President Nursultan Nazarbayev on Friday in Ak-Orda.
"Kazakhstan is a key partner and investor for Kyrgyzstan," Atambayev said. "In 2010, the volume of trade turnover between the two states exceeded $500 million."
In the near future. Bishkek will host an international economic forum with the participation of Kazakh businessmen, Atambayev said. The forum will discuss the current problems facing the Kyrgyz economy.
At present, there are over 400 joint ventures with Kazakh capital in the banking, energy, gas transport, industry, building materials production sectors in Kyrgyzstan.
Some 250 companies operate in Kazakhstan with Kyrgyz capital in the trade, tourism, construction and transport sectors.
The two official also discussed a wide range of issues of bilateral cooperation.
Atambayev appreciated Kazakhstan's role in stabilizing the situation in Kyrgyzstan after President Kurmanbek Bakiyev's overthrow and bloody clashes between the Kyrgyz and Uzbek communities. Atambayev expressed his gratitude to Nazarbayev for his support during the difficult period for the Kyrgyz people.
Kazakhstan's humanitarian aid to Kyrgyzstan exceeded $20 million.