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Head of the Secretariat Uluk Kydyrbaev is participating in the first International Forum B5+1, which has commenced in Almaty. The event is attended by over 200 experts from Central Asian countries and the USA. The forum will last for two days - March 14-15.
Among the forum participants are government delegates from six countries, representatives of chambers of commerce and business associations, representatives of the EBRD, World Bank, Asian Development Bank, European Commission, business analysts, and independent experts.
The B5+1 platform, initiated at the C5+1 summit by the Presidents of the USA, Kazakhstan, Kyrgyz Republic, Uzbekistan, Tajikistan, and Turkmenistan in September 2023 in New York, represents a unique platform for accelerating and enhancing interactions between the private sector and the governments of Central Asian countries. At the B5+1 platform, business representatives will offer their recommendations for strengthening regional and global economic integration, as well as for more active positioning of Central Asia as a single market for international investments, for consideration by the governments of the region.
Central Asian countries possess tremendous economic potential that can be realized through enhanced regional integration. Small and medium-sized enterprises play a crucial role in stimulating socio-economic development in Central Asia. According to official data from national and international organizations, SMEs' contribution to the GDP of Central Asian countries ranges from 30 to 50 percent.
