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EIB and the Kyrgyz Republic sign Framework Agreement

Banque européenne d'investissement - BEI/13/138   17/09/2013

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PRESS RELEASE

BEI/1313/138

Luxembourg/Bishkek, 17 September 2013

EIB and the Kyrgyz Republic sign Framework Agreement

The European Investment Bank (EIB) and the Kyrgyz Republic have concluded the Framework Agreement under which the Bank can start to provide financing support to investment projects in Kyrgyzstan. The agreement has been signed today by Wilhelm Molterer, EIB Vice-President, and Djoomart Otorbaev, Kyrgyzstan’s First Deputy Prime Minister.

The EIB finances investment projects in the countries which have co-operation agreements with the European Union. The Kyrgyz Republic is the third country after Kazakhstan and Tajikistan from the region of the Central Asian post-Soviet Republics that has signed a framework agreement with the EIB.

Background:

The European Investment Bank, as the long-term lending institution of the European Union, supports the EU’s Policy in the following countries of Central Asia: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. EIB project financing promotes prosperity and increased regional integration, which contributes to the stability of this region and helps forging stronger intraregional partnerships.

Press contact:

Dušan Ondrejička, d.ondrejicka@eib.org , tel.: +352-4379-83334

Website: www.eib.org/press - Press Office: +352 4379 21000 – press@eib.org


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