In a significant move towards enhancing bilateral relations in the mining sector, Zakir Ibrahimov, Chairman of the Executive Board of AzerGold CJSC, and Kubat Abdraimov, Chairman of the Board of Kyrgyzaltyn OJSC, convened in Bishkek on September 14, 2026. This meeting was part of a business delegation from AzerGold to the Kyrgyz Republic, aimed at discussing the prospects of cooperation following a Memorandum of Cooperation signed on July 31, 2026, during the third meeting of the Intergovernmental Council between Azerbaijan and Kyrgyzstan.
The discussions centred around the potential for joint projects and the development of mutually beneficial cooperation in the mining sector. Ibrahimov highlighted the strong ties between Azerbaijan and Kyrgyzstan, which have been reinforced under the leadership of both nations’ heads of state, creating a conducive environment for expanding economic relations, particularly in mining.
During the meeting, AzerGold shared insights into its expertise in geological exploration, mineral resource assessment, and mining processes. The delegation also provided updates on ongoing geological exploration activities in Azerbaijan’s liberated Karabakh and Eastern Zangazur regions, showcasing the application of advanced exploration techniques, including airborne electromagnetic methods.
AzerGold’s strategic priority of expanding international operations was underscored, with the company actively seeking opportunities for joint mining and geological exploration projects across Central Asia. Ibrahimov expressed readiness to collaborate on the exploration and development of gold and other mineral deposits, emphasising the use of advanced geological research methods.
Kubat Abdraimov outlined the recent reforms in Kyrgyzstan’s mining industry, noting that it has emerged as one of the leading sectors of the national economy. He detailed the significant steps taken since 2020 to attract investment and enhance international cooperation, which have bolstered the operational capabilities of Kyrgyzaltyn OJSC.
The dialogue between the two leaders also included discussions on establishing joint ventures for prospective deposits, exploring investment models, and assessing geological exploration results in line with international standards. Both parties acknowledged the potential for new collaborative projects and agreed to continue discussions on areas of mutual interest to further strengthen their partnership in the mining sector.
