BISHKEK, Kyrgyzstan, May 21. Kyrgyzstan and
Switzerland aim to strengthen technical cooperation in the
financial and banking sectors, with a focus on expert exchange in
international reserve management and the implementation of advanced
regulatory standards, Trend reports via the press service Kyrgyz
president.
The initiative was discussed during a meeting between President
Sadyr Japarov and the Chairman of the Governing Board of the Swiss
National Bank, Martin Schlegel, in Cholpon-Ata.
During the talks, the parties reviewed the bilateral agenda
between the central banks of both countries. President Japarov
emphasized that strengthening the institutional capacity of the
National Bank of the Kyrgyz Republic and improving the training of
financial specialists remain key national priorities, making
Switzerland’s experience in monetary regulation particularly
valuable.
For his part, Swiss National Bank Chairman Martin Schlegel, on
his first official visit to the country, commended Kyrgyzstan’s
macroeconomic performance, noting that its economic growth rates
are among the highest in Central Asia.
Schlegel recalled that Swiss experts have been providing
advisory support to the National Bank of Kyrgyzstan since the
1990s, including during the introduction of the national currency,
the som, which remains one of the most stable currencies in the
region. Following the meeting, the head of the Swiss regulator
confirmed readiness to continue long-term technical assistance and
maintain regular dialogue between the financial authorities of both
nations.
