Kyrgyzstan and PRC discuss placement of securities on Chinese market
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 told that the economy of Kyrgyzstan is developing steadily: budget revenues and social payments are growing, and GDP per capita has doubled.
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 touched upon issues of cooperation in education, including student exchanges, interaction between universities, and the allocation of places for Kyrgyz students in Hong Kong universities.
John Lee noted that Hong Kong supports Kyrgyzstan’s aspirations for cooperation, and added that partnership in the financial sector looks especially promising.
During his working visit to Hong Kong, Adylbek Kasymaliev also met with Financial Secretary Paul Chan.
They discussed ways to expand cooperation in finance, banking, education and trade.
Adylbek Kasymaliev stated that Kyrgyzstan is interested in Hong Kong’s experience in creating financial centers, banking systems and logistics hubs.
They also discussed plans to issue Kyrgyz bonds in Hong Kong.
Paul Chan noted that the countries have good potential for mutually beneficial cooperation and expressed his readiness to assist in developing financial and economic ties.
