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Viewing cable 07BISHKEK1183, FY07 BFIF REPORTING FROM EMBASSY BISHKEK

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Reference ID Created Released Classification Origin
07BISHKEK1183 2007-09-25 12:47 2011-08-30 01:44 UNCLASSIFIED Embassy Bishkek
VZCZCXYZ0002
RR RUEHWEB

DE RUEHEK #1183 2681247
ZNR UUUUU ZZH
R 251247Z SEP 07
FM AMEMBASSY BISHKEK
TO RUEHC/SECSTATE WASHDC 0216
INFO RUCPDOC/USDOC WASHDC 0638
UNCLAS BISHKEK 001183 
 
SIPDIS 
 
SIPDIS 
 
DEPT FOR SCA/CEN (GEHRENBECK), EEB/CBA FOR WINSTEAD 
 
E.O. 12958: N/A 
TAGS: BEXP BTIO ECON ETRD EINV AFIN ADPM KG
SUBJECT: FY07 BFIF REPORTING FROM EMBASSY BISHKEK 
 
REF: A. STATE 87036 
 
     B. STATE 37429 
     C. BISHKEK 113 
 
1.  Per reftel A request, Embassy Bishkek hereby submits the 
following report regarding the use of Business Facilitation 
Incentive Fund (BFIF) resources in 2007 in the Kyrgyz 
Republic. 
 
2.  The total amount of BFIF support provided for use by 
Embassy Bishkek was $3,100.00.  The total amount spent for 
BFIF-approved activities was $2,669.47.  Receipts for all 
items have been forwarded by e-mail to EEB/CBA's Dennis 
Winstead on September 25, 2007. 
 
3.  The first BFIF-supported activity was the Embassy's 
"Outreach to Kyrgyz Businessmen" 
 
BFIF contribution: $900.00 
Amount used: $316.13 
 
Expense breakdown: 
$80.00 to purchase mailing list 
$197.37 to print materials for mass mailing 
$38.76 for postage 
 
Budgetary Discussion:  The requested $900.00 was included in 
the total $3,100.00 of BFIF funding provided for both 
activities in the Kyrgyz Republic.  As only $316.13 was used 
for this first component, $583.87 remained.  A portion of 
this remainder was rolled over for the second component as 
described below. 
 
Event Discussion:  BFIF support permitted the Embassy to 
obtain access to the Kyrgyz Union of Entrepreneurs' 
membership database and establish new contacts and leads 
among their members for the Embassy's commercial assistant. 
Responses generated from this outreach have generated 
potential leads for the export of U.S.-sourced jewelry, 
veterinary products and cardboard processing equipment.  This 
work also served as a foundation for participants to the 
September 10 "Doing Business with the USA" seminar described 
below. 
 
4.  The second BFIF-supported activity was the September 10 
"Doing Business with the USA" Seminar 
 
BFIF contribution: $2,200.00 
Amount used: $2,353.34 
 
Expense breakdown: 
$925.86 for translation services 
$432.99 for advertising in newspapers 
$949.48 for binders, handouts and other seminar materials 
$45.01 for computer/internet services 
 
Budgetary Discussion:  Embassy expected that this event would 
require $2,200.00 in BFIF support.  This event, which 
followed the first activity described above, also used a 
small portion of the remaining funds from that first 
activity.  However, of the total $3,100.00 available, Embassy 
used $2,669.47 of BFIF support for the two approved 
activities.  The Department of Commerce covered the 
conference facility rental expense, and the American Chamber 
of Commerce provided personnel to help run the event. 
 
Event Discussion:  The "Doing Business with the USA" seminar 
attracted approximately 220 participants, mostly Kyrgyz 
businesspeople.  The event combined speakers from the U.S. 
Departments of State, Commerce and Defense as well as USAID 
with local speakers from the American Chamber of Commerce. 
The U.S. speakers identified areas for potential trade and 
business activity with the United States.  The local speakers 
discussed international contracts, trade finance and shipping 
while other local firms discussed their international 
business experiences. 
 
Over 90% of the firms attending the seminar were new contacts 
to the Embassy's commercial section.  As their attendance 
(and registration forms) indicated their interest in 
commercial opportunities with the United States, the seminar 
generated a significant database of companies for commercial 
outreach.  With time, we will be able to better gauge 
business leads and trade deals that emerged from this 
seminar.  Given the positive feedback and good press coverage 
of the event, this BFIF-supported event has generated a solid 
foundation for post to pursue commercial diplomacy. 
 
5.  Embassy appreciates BFIF support for these activities. 
YOVANOVITCH