AmCham News

Business-breakfast with Ambassador of the Czech Republic to Kazakhstan and Kyrgyzstan

On April 28, 2018, a business-breakfast was organized with Mrs. Elishka Zhigova, Ambassador Extraordinary and Plenipotentiary of the Czech Republic to Kazakhstan and Kyrgyzstan. The meeting was also attended by the Deputy Ambassador of the Czech Republic to Kazakhstan and Kyrgyzstan – Mr. Ladislav Steinhübel and Honorary Consul of the Czech Republic in Kyrgyzstan, Mr. Marat Djanbaev.

During the meeting, Mrs. Zhigova emphasized that upon establishing the Czech Consulate in Kyrgyzstan in 2016 and thanks to Mr. Djanbaev’s effective work, the trade turnover between the Czech Republic and Kyrgyzstan has increased fourfold (in 2017 – 16 million USD). It was also mentioned that financing exports to Kyrgyzstan are seen as a huge potential. For example, the Czech Export Bank (CEB), which focuses on financial services related to exports, has developed a separate loan portfolio to work with Kyrgyzstan (approximately 150 million USD in 2018).

As of today, CEB has funded more than 12 projects in Kyrgyzstan at reduced annual rates. Mr. Djanbaev shared about future plans for cooperation between Kyrgyzstan and the Czech Republic, which include several intergovernmental agreements for the development of both countries’ economies. In addition, participants had an opportunity to ask questions and get necessary key persons’ contacts. Delegates from a recent business trip to the Czech Republic and Germany, which was organized by AmCham and the Honorary Consulate of the Czech Republic in the Kyrgyz Republic, were also invited to the meeting. The delegates were happy to share their impressions of the country, its developed infrastructure and production.

Following the business trip, some participants started to work closely with the CEB, CzechInvest (state agency for investment support) and other leading Czech companies in construction and IT industries. We express our sincere gratitude for the interesting meeting to Mrs. Zhigova, Mr. Steinhübel and Mr. Djanbaev.