The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, announced a cooperation agreement with the Investment promotion and protection agency of the Kyrgyz Republic, as well as the Russian-Kyrgyz Development Fund, the RDIF’s web page reported.
Together the partners will seek attractive investment projects and ensure their implementation to help strengthen bilateral economic ties and increase the volume of mutual investments between Russia and Kyrgyzstan. The agreement with the Russian-Kyrgyz Development Fund was signed on March, 28, in the presence of the President of the Russian Federation Vladimir Putin and the President of the Kyrgyz Republic Sooronbay Jeenbekov.
“Joint investments by Russia and Kyrgyzstan can become a driver for the growth of economic cooperation between our countries. I am confident that the cooperation between RDIF and our Kyrgyz partners will help attract direct investment into national economies, develop PPP mechanisms, create free economic zones and stimulate trade and economic relations between Russia and Kyrgyzstan as a whole,” Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), noted: