president.kg
Baku/11.10.22/Turan: On October 11, within the frameworkls of the state visit of Azerbaijani President Ilham Aliyev to the Kyrgyz Republic, an Agreement d between the Cabinet of Ministers of the Kyrgyz Republic and the Government of the Republic of Azerbaijan on the establishment of the Kyrgyz-Azerbaijani Development Fund was signed.
The Azerbaijan-Kyrgyz Development Fund will be an international organization - a subject of international law, having international legal capacity and having the right to conclude international agreements.
The Fund was established to promote economic cooperation between Kyrgyzstan and Azerbaijan, modernize and develop the economy, and effectively use opportunities.
The authorized capital of the joint bilateral investment Fund between Kyrgyzstan and Azerbaijan is 25 million US dollars. The headquarters will be located in Bishkek.
The creation of the Fund will serve as an impetus for the activation and expansion of cooperation in the investment sphere, the website of the President of Kyrgyzstan notes.
The Fund invests in priority projects for the founders in Kyrgyzstan by providing loans and borrowings, participating in capital and using other financial instruments in relations with business entities registered and operating in the country, including in such areas as: agro-industrial complex, water supply sector, health sector, automotive industry, science, research and technology, gas industry, clothing and textile industry, mining and metallurgical industry, etc.
Politics
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On Wednesday, President Ilham Aliyev met with Kerry McCarthy, the UK Minister for International Energy and Climate. During the meeting, they discussed preparations for the upcoming climate conference COP29. According to the embassy's statement, the minister offered the UK's support for hosting COP29. The parties also discussed the importance of the transition to clean energy.
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On October 9, President Ilham Aliyev met with Amina Mohammed, the UN Deputy Secretary-General, to discuss preparations for COP29. During the meeting, Mohammed stated that the main theme of the upcoming conference would be financial issues. She expressed hope that the international community would establish new financial goals. In turn, Aliyev highlighted the cooperation with the UN Framework Convention on Climate Change (UNFCCC) and other organizations in the preparation process for the conference. He emphasized that Baku is making efforts to achieve consensus at COP29.
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Despite his serious condition, Afghan Sadygov, the head of the “Azel TV” website arrested in Georgia, continues his hunger strike in the prison hospital and refuses medical assistance, his wife reported to Turan. According to her, Afghan called her on Wednesday from the medical center of the Georgian penitentiary service. "He is in serious condition, under medical supervision, but refuses all medical help. Afghan said he is only taking drinking water. He stated that he will continue to fight for his rights and freedom, even if he dies," his wife said.
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On October 9, President Ilham Aliyev received John Podesta, the US Presidential Advisor on International Climate Policy. Podesta reported that he had productive negotiations with Azerbaijani colleagues regarding COP29 and was pleased to exchange views on the matter with the President of Azerbaijan.
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