Kyrgyzstan and China Discussed Placement of Securities on Chinese Market
Bishkek – 24.kg news agency
During a working visit to Hong Kong, the Chairman of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev, met with the head of the local administration John Lee and the Financial Secretary Paul Chan. The Cabinet of Ministers reported.
Adylbek Kasymaliev shared that the economy of Kyrgyzstan is on a steady path of development with budget revenues and social payments increasing, and GDP per capita doubling.
He emphasized that the country is aiming to become a transport and financial cluster of Central Asia, attracting investments, including from Hong Kong.
The parties discussed the possibility of issuing Kyrgyz securities on the Hong Kong market, as well as simplifying the visa regime for citizens of Kyrgyzstan.
In addition, they talked about cooperation in education, including student exchanges, interaction between universities, and the allocation of places for Kyrgyz students in Hong Kong universities.
John Lee expressed that Hong Kong supports Kyrgyzstan’s aspirations for cooperation, especially in the financial sector.
During the visit, Adylbek Kasymaliev also met with Financial Secretary Paul Chan to discuss expanding cooperation in finance, banking, education, and trade.
Kasymaliev mentioned that Kyrgyzstan is keen on learning from Hong Kong’s experience in creating financial centers, banking systems, and logistics hubs.
They also talked about plans to issue Kyrgyz bonds in Hong Kong.
Paul Chan highlighted the good potential for mutually beneficial cooperation between the two countries and expressed willingness to assist in developing financial and economic ties.
