Azerbaijan, Kyrgyzstan discuss joint investment projects
Azerbaijan, Baku, Aug. 23 /Trend V.Zhavoronkova/
Azerbaijan and Kyrgyzstan discussed the implementation of joint investment projects during the course of the meeting of Prime Minister of Azerbaijan Artur Rasizade and Kyrgyzstan Omurbek Babanov, the press service of the government of Kyrgyzstan said.
Rasizade arrived to Kyrgyzstan to attend the 2nd Summit of the Cooperation Council of Turkic Speaking States (CCTS), held in Bishkek on Thursday.
The Prime Minister of Kyrgyzstan welcomed the intensification of bilateral cooperation and noted that the official visit of the President of Kyrgyzstan Almazbek Atambayev to Azerbaijan this year raised bilateral relations to a new stage of development.
Babanov noted that large investment projects were submitted to the Azerbaijani side for consideration.
He proposed to Azerbaijan that it invests in the reconstruction of the airport to the village of Tamchy in the Issyk-Kul region of the country, as well as Azerbaijani banks should open branches in Kyrgyzstan.
The implementation of projects for the construction of joint Kyrgyz-Azerbaijan-Kazakhstan oil pipeline, a refinery in the Kyrgyz Republic and the creation of the Kyrgyz-Azerbaijani investment fund were also discussed during the meeting.
Rasizade also expressed Azerbaijan's interest in studying the reconstruction project of Tamchy airport. He noted the willingness of Azerbaijani side to invest in mutually beneficial projects and added that Baku is ready to allocate funds for a feasibility study of specific investment projects.
The Prime Minister of Azerbaijan also said there should be a stable situation in Kyrgyzstan to attract investment.
Both sides also discussed issues of large Kyrgyz-Azerbaijan Investment Forum in Bishkek.