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Kyrgyzstan invites Azerbaijani entrepreneurs to invest in mineral deposits

27 March 2014 12:34 (UTC+04:00)
Kyrgyzstan invites Azerbaijani entrepreneurs to invest in mineral deposits

By Aynur Jafarova

Kyrgyz Embassy in Baku invited Azerbaijani entrepreneurs to take part at a tender for the implementation of three licenses for search, exploration, and development of mineral deposits in Kyrgyzstan.

The news was announced by Trend Agency which quoted the Azerbaijani Economy and Industry Ministry on March 26.

The tender will be held by Kyrgyz State Agency for Geology and Mineral Resources on March 31 in the city of Toktogul.

A license for geological exploration on the Kyzylkel area with reserves of vein gold in the Toktogul region is offered for bidding.

The starting price of the license is $3,000.

A license for conducting geological exploration on the Tegermen area with reserves of vein gold is offered for bidding in the same region. The starting price of the license is $3,000.

Diplomatic relations between Azerbaijan and Kyrgyzstan was established on January 19, 1993.

Azerbaijan and Kyrgyzstan are working together to strengthen their partnership in industry, trade, communications, and transport. The two countries also intend to develop cooperation between their justice authorities.

Azerbaijan and Kyrgyzstan signed an agreement on a new air service which envisaged regular passenger and cargo flights between the two countries.

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