The State Agency for Geology and Mineral Resources under the Government of the Kyrgyz Republic (SAGMR) and the International Business Council signed a Memorandum of Cooperation on April 18.

According to the SAGMR Director Duyshenbek Zilaliev, IBC and the Geology Agency have been successfully working together for the past two years, and now their cooperation has been officially fixed.

The relationship between IBC and the agency has been greatly improved in recent years due to the open policy of the agency, IBC Executive Director Temirbek Azhykulov said. Under the memorandum beneficial collaboration will be raised to a higher level, he added.