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Kyrgyzstan and AIIB sign deal to support small and medium-sized businesses

GenevaTimes by GenevaTimes
February 16, 2026
in Europe
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Kyrgyzstan and AIIB sign deal to support small and medium-sized businesses
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Kyrgyzstan and AIIB sign deal to support small and medium-sized businesses

BISHKEK, Kyrgyzstan, February 16. Kyrgyzstan
and AIIB signed an agreement aimed at developing a sustainable
financing market for small and medium-sized businesses in
Kyrgyzstan on February 12, 2026, Trend reports via the press service of the Cabinet of
Ministers.

The agreement was signed at a meeting between the Chairman of
the Cabinet of Ministers and Head of the Presidential
Administration of Kyrgyzstan, Adylbek Kasymaliev, and President and
Chair of the Board of Directors of the Asian Infrastructure
Investment Bank (AIIB), Zou Jiayi.

Meanwhile, the sides discussed strengthening bilateral
cooperation against the backdrop of the country’s steady economic
growth. It was noted that Kyrgyzstan’s average annual economic
growth rate over the past four years amounted to 10.2%.

Adylbek Kasymaliev highlighted the successful implementation of
the government accelerator program. He noted that in 2025, the
authorities carried out 12 reforms, which received high recognition
from the international community at the World Government Summit in
Dubai.




According to the head of the Cabinet of Ministers, the positive
economic dynamics were the result of comprehensive measures in
fiscal and monetary policy.

During the discussions, the Kyrgyz delegation proposed that the
Asian Infrastructure Investment Bank (AIIB) enhance its involvement
in several key initiatives aimed at bolstering both energy and
environmental security. These include the construction of the
Kambar-Ata-1 hydropower plant, the development of the
China-Kyrgyzstan-Uzbekistan railway, the establishment of credit
lines via state-owned banks to support sectors like agriculture and
solar energy, and providing systematic support to small and
medium-sized enterprises (SMEs).

In response, AIIB President Zou Jiayi expressed appreciation for
Kyrgyzstan’s economic progress and affirmed the bank’s willingness
to explore new avenues of collaboration. The talks culminated in
the launch of a joint initiative to support SMEs, aimed at
expanding access to financial resources for entrepreneurs across
the country.

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