Indonesian Political, Business & Finance News

RI, Kyrgyzstan sign investment memo

| Source: JP

RI, Kyrgyzstan sign investment memo

JAKARTA (JP): Indonesia and Kyrgyzstan, a former state of the
dissolved Soviet Union, signed a memorandum of understanding
yesterday on the promotion and protection of investments.

Minister/State Secretary Moerdiono said that the agreement,
signed here by Indonesia's Foreign Minister Ali Alatas and
Kyrgyzstan's Acting Minister of Finance Nanayev Kemelbek
Kasymkulovich, was one of the agreements reached during the
official visit of Kyrgyzstan President Askar Akayev.

The signing of the agreement was witnessed by President
Soeharto and President Akayev.

Moerdiono said that Alatas and his counterpart Mrs. Otunbayeva
Roza Isakovna also signed a memorandum of understanding on the
promotion of cooperation in air transportation and tourism.

He said that the agreements followed the signing of a joint
declaration on the principles of relationship and cooperation
between Indonesia and Kyrgyzstan by Soeharto and Akayev earlier
in the morning.

Moerdiono said that the two heads of state held a tete-a-tete
meeting yesterday morning to discuss prospects of bilateral
cooperation between the two countries.

He said that the two governments also agreed to study the
possibility of sending Kyrgyzstan's diplomatic officials to study
in Indonesia.

Akayev, who arrived here on Monday for a four-day visit,
attended a state dinner at the State Palace last night.

Akayev is scheduled to tour the aircraft factory of the state-
owned PT Industri Pesawat Terbang Nusantara (IPTN) in Bandung
this morning before leaving Jakarta for Kuala Lumpur later in the
afternoon. (hen)

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