BAKU, Azerbaijan, June 27. Kyrgyzstan and the
Japan International Cooperation Agency (JICA) have discussed new
cooperation areas aimed at supporting small and medium-sized
enterprises (SMEs), the Kyrgyz Ministry of Economy says.
According to the official release of the ministry the issue was
reviewed during a bilateral meeting between Deputy Minister Benazir
Nurlanova, JICA Senior Representative Takafumi Ueda, and economic
development specialists.
"During the talks, the sides focused on expanding the Consortium
of SME Support Institutions to better pool the resources of state
development bodies, financial organizations, and international
partners.
The panel also reviewed targeted credit guarantee mechanisms and
discussed strengthening the role of the Guarantee Fund of the
Kyrgyz Republic to improve private sector access to commercial
financing," the statement says.
The ministerial press service noted that the dialogue extended
to human capital development through joint initiatives with the
Kyrgyz-Republic Japan Center for Human Development (KRJC). This
collaboration will focus on upgrading entrepreneurial skills,
personnel training, and spreading modern business management
practices, particularly across rural regions.
Nurlanova emphasized that creating a comprehensive support
framework that fuses financial and non-financial tools remains a
top macroeconomic priority for the state. Following the
consultations, both institutions reaffirmed their commitment to
upgrading SME competitiveness to help secure long-term, sustainable
regional growth.
