Further Cooperation Discussed at the Meeting with the Kyrgyz Ambassador

Invited by the Lithuanian Business Confederation, Erik Asanaliev, the ambassador of the Kyrgyz Republic (Kyrgyzstan), visited Lithuania. On April 10, he met the top managers of Lithuania's business organizations and representatives of interested companies, including representatives of the BS/2 company, a member of the Penki Kontinentai Group.

The Lithuanian-Kyrgyz diplomatic relations were established in 1992. The countries maintain bilateral economic and trade links. The business meeting included a presentation of Kyrgyzstan's economic, political, and social situation and a discussion on prospects for economic cooperation and on the business interests of both countries. The meeting participants were interested to learn more about Kyzgyzstan's relations with neighboring countries as well as about its internal policy; the participants emphasized the need for expanding the existing contacts.

During the meeting with the ambassador, the BS/2 representatives presented BS/2's subsidiary company in Kyrgyzstan and shared the experience of working in the country. According to Tomas Bublys, the general manager of BS/2's Service Support Department, the Kyrgyz banking technology market is an environment that provides great opportunities for business expansion.

Says Bublys: "BS/2 has been working in the Kyrgyz banking technology market and retail market for over a decade, and our subsidiary company, founded in this country in 2010, helps expand our activities even further. The country's largest banks already know BS/2 very well: we supply hardware to them, install our software solutions, and provide maintenance services. Thus, this country's market is really important to us, and we plan to further expand our customer base and the range of services."

In the opinion of economists and politicians, today Kyrgyzstan is going through a period of the active establishment of new economic growth principles, and the reforms that are underway in the country are shaping clear directions of concrete actions that would help attract more investment and make the economy stronger.