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On November 4th, an introductory online meeting occurred between the hashtag#Secretariats of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic and the Investment Council of Armenia. This event marked an important step towards fostering cooperation to enhance countries' investment climate.
Investment Councils are not only active in the Kyrgyz Republic, but also exist in over 11 countries worldwide, including Armenia, Georgia, Moldova, and others and are supported by EBRD. These bodies serve as platforms for dialogue between the government and the private sector, promoting favorable conditions for investors and improving the overall business climate.
The heads of the secretariats — Uluk Kydyrbaev and Hovsep Patvakanian, PhD — discussed the specifics of their teams' work, reviewed current initiatives, and shared experiences in improving investor conditions in their respective countries.
Participants expressed hope for further strengthening of partnerships and more frequent meetings to exchange experiences and develop joint initiatives aimed at economic development and attracting investment. Such interactions play a key role in improving the effectiveness of Investment Councils and creating a sustainable foundation for growth and prosperity in both countries.
