Export Credit Agency of Kazakhstan signs strategic agreements with Kyrgyzstan's leading financial institutions
Export Credit Agency of Kazakhstan has signed several agreements with Kyrgyzstan's largest financial institutions during Deputy Chairman Sergey Kuklin’s visit to Bishkek. These bilateral documents aim to enhance cooperation and support the growth of Kazakhstan's non-resource exports.
Export Credit Agency of Kazakhstan signed memorandums of cooperation with Kyrgyzstan’s O! BANK and the State Insurance Organization. The agreements focus on insurance, reinsurance, and trade financing for transactions involving the export of goods and services from Kazakhstan to Kyrgyzstan.
Sergey Kuklin emphasized the importance of these agreements in improving the insurance support system and strengthening trade relations between the two countries.
"The partnerships provide Kazakhstani exporters access to Kyrgyzstan’s market. The support measures we are introducing with our Kyrgyz partners will create favorable conditions and reduce the risks associated with entering this new market," said Kuklin.
It is also worth noting that Export Credit Agency of Kazakhstan's foreign representative office operates in Bishkek. It directly supports Kazakhstani exporters and facilitates trade turnover using ECA financing programs.
