BISHKEK, Kyrgyzstan, May 30. Kyrgyzstan and Italy signed an Agreement on the Promotion and Protection of Investments following a meeting between President Sadyr Zhaparov and Italian Prime Minister Giorgia Meloni, held on the sidelines of the inaugural Central Asia–Italy summit in Astana, Trend reports via the presidential administration.
The accord is anticipated to enhance bilateral economic
synergies and proliferate avenues for commercial alliances.
The parties engaged in a comprehensive dialogue regarding pivotal
domains of synergy, encompassing commerce, capital infusion, energy
sector dynamics, transportation logistics, hydrological governance,
and the paradigm shift towards digital metamorphosis. President
Zhaparov articulated Kyrgyzstan’s strategic receptiveness to
foreign capital influx and extended an invitation to Italian
enterprises to engage in expansive initiatives within the realms of
hydropower, renewable energy, and infrastructural development.
Meloni lauded Kyrgyzstan's recent border accord with Tajikistan,
deeming it a pivotal achievement for regional equilibrium. She
acknowledged Italy’s geopolitical engagement in Central Asia and
reiterated commitment to enhancing bilateral relations with
Kyrgyzstan.
President Zhaparov characterized the assembly as a manifestation of
reciprocal dedication to enhancing collaborative synergies,
leveraging the frameworks established during his diplomatic
engagement in Italy in October 2023. Both parties articulated a
willingness to inject renewed momentum into bilateral and
multilateral frameworks.
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