Kyrgyzstan’s President Sadyr Japarov has lauded the success Bangladesh has achieved in garments and medicine sectors and urged the entrepreneurs of the south Asian country to invest in the landlocked nation.
The government of Kyrgyzstan will extend all-out support, including allotment of land, to the interested Bangladeshi businesses, he said.
He made the comments at a programme at the Ala Archa State Residence of the Kyrgyz president at Bishkek in Kyrgyzstan on June 24 when Bangladeshi Ambassador to Kyrgyzstan Md Jahangir Alam submitted his credentials.
The envoy informed the president about the socio-economic development Bangladesh has achieved and highlighted the country’s impressive growth in different sectors, including garments, medicine, jute and leather.
Alam stressed the need for the signing of memorandum of understanding between the two Muslim brotherly nations and discuss bilateral issues in regular meetings.
If Bangladeshi entrepreneurs set up garments and medicine industries in Kyrgyzstan, they will be able to enjoy the export benefits that central Asian country enjoys under the Generalised Scheme of Preferences Plus provided by the European Union, Japarov said.
Export goods produced by Bangladeshi businesses established in Kyrgyzstan will also enjoy low duty and easy access to the Commonwealth of Independent States, the president said.
Alam invited the president to Bangladesh and Japarov expressed his willingness to visit the south Asian country.
Kyrgyz Foreign Minister Ruslan Kazakbaev was also present at the event among others.
