Kyrgyzstan invites Pakistani businessmen to invest in various sectors

Ambassador of Kyrgyzstan to Pakistan Erik Beishembiev has said that Kyrgyz market is open for Pakistani businessmen, adding that investment in the Kyrgyz Republic is profitable and this opportunity should be availed by Pakistani business community through joint ventures in pharmaceutical, rice agriculture, education, tourism and various other sectors. "Kyrgyzstan is not developed in pharmaceutical sector and offers great opportunities to the Pakistani pharma companies," the Kyrgyz ambassador said in a meeting with Lahore Chamber of Commerce and Industry (LCCI) President Mian Tariq Misbah on Saturday. The ambassador said that direct flights between the two countries on regular basis would help improve trade and cooperation in tourism sector. He said that both the countries were rich in mineral resources, have high skilled human resources, excellent opportunities for developing industry and agriculture, attracting foreign investments for joint production and supply of goods, including for export. He said that Kyrgyzstan is interested in development of short transportation links through its territory between Central Asia and China and Pakistan with access to the Gwadar and Karachi ports, using railway and automobile roads, which are being constructed in the framework of ChinaPakistan Economic Corridor (CPEC). While answering a question by the LCCI president, the Kyrgyz ambassador said that Pakistani businessmen can invest individually or through joint ventures in Kyrgyzstan. He highlighted that Pakistan can use Kyrgyzstan as a gateway to enter the EU market and avail benefits from GSP Plus status.