IBC Expands Business Cooperation Between Kyrgyzstan and Georgia

Meetings were held with the Georgian Economic Development Corporation (GEDC), the Georgian Chamber of Commerce and Industry (GCCI), the European Business Association (EBA Georgia), the EU-Georgia Business Council (EUGBC), the American Chamber of Commerce in Georgia (AmCham Georgia), Credence Consulting, and the Georgian Tourism Association (GTA).During the discussions, the parties exchanged experience on the work of business associations, discussed business advocacy, the development of public-private dialogue, and strengthening the institutional capacity of business organizations, as well as practical mechanisms for attracting investment.The main focus was on developing bilateral trade, increasing trade turnover, attracting mutual investment, and expanding direct contacts between companies in Kyrgyzstan and Georgia. The parties discussed organizing business missions and B2B meetings, mutual information and advisory support, implementation of joint projects, and assistance to companies interested in entering the markets of both countries.The significant potential for such cooperation is confirmed by current bilateral trade indicators. According to preliminary data from the National Statistics Office of Georgia, trade turnover between Kyrgyzstan and Georgia exceeded USD 1.4 billion in 2025, while Kyrgyzstan became Georgia’s largest export market. At the same time, there remains considerable potential for further expansion and diversification of mutual trade.As part of the trade agenda, the parties discussed the transportation of goods through Georgia’s Black Sea ports, the development of the Middle Corridor, and the use of the GSP+ preferential regime to access the European Union market. Particular attention was given to the Black Sea Platform, an initiative bringing together representatives of business, ports, logistics companies, the expert community, and government agencies to exchange information and implement joint projects in the Black Sea region.In addition to trade and logistics, the parties considered instruments to support and finance the private sector. Particular interest was shown in the experience of the Economic Development Corporation in expanding access to alternative sources of financing. Under its capital market support programme, 22 bond issuances by 14 companies helped raise more than GEL 1 billion, or approximately USD 380 million.As a result of the visit, direct working contacts were established with leading Georgian business associations and development institutions, promising areas for further cooperation were identified, and agreements were reached on information exchange and support for joint initiatives. IBC will continue its work to develop business ties, promote mutual trade and investment, and strengthen cooperation between the Kyrgyz business community and international partners.The business visit was organized within the framework of the regional project “Europe and Eurasia Regional: Advancing Economic Freedom and Resilience.” The International Business Council expresses its gratitude to the Center for International Private Enterprise (CIPE) for its support and contribution to the development of regional cooperation and exchange of experience.