President of Kyrgyzstan addresses the Parliament and nation
June 28, 2018
“It is necessary to stop groundless interference of inspection bodies in business affairs. If they [inspection bodies] prefer to perform the functions of a partner rather than a punitive body, then there will be good business conditions,” President Jeenbekov said.
Kyrgyzstan building effective partnerships with international donors
April 27, 2018
On behalf of the business community, IBC Executive Director Askar Sydykov suggested international donors to support Kyrgyzstan in carrying out reforms in the judicial system, as well as in key sectors of the country's economy including tourism, mining, and banking.
Kyrgyzstan and UK building stronger trade and investment ties
March 2, 2018
"It is difficult for us to expect the arrival of an investor who would immediately create enterprises here and invest in them. This is especially true for Western investors who are much more cautious," IBC Executive Director Askar Sydykov said at the presentation of the UK Trade Mission.Therefore, it is necessary to build ties with entrepreneurs, starting with small steps.
GIZ report on local content development in mining
January 24, 2018
This report was prepared at the request of German Development Cooperation (GIZ) as part of their Mineral Resources for Development program to support the development of local content in the Kyrgyz mining sector. Since 2015, GIZ has been implementing this program in Kyrgyzstan, Kazakhstan and Tajikistan with the aim of bringing economic benefits through sustainable mining of raw materials.
GIZ guidelines for mining companies on establishing good community relations
January 24, 2018
The guidelines have been developed at the request of German Development Cooperation (GIZ) to provide practical advice on how to establish good community - company relations in Kyrgyzstan and pay respect to the challenges in this country. The information provided is of a general nature and not all challenges and recommendations will fit to every company or community, as every company and every community has different needs and goals.
The Taza Koom Project and recent changes to Kyrgyz data protection law
October 23, 2017
As part of the Taza Koom project - a national, high-tech programme focusing on the use of information technology for public services and businesses - the Government of Kyrgyzstan has taken steps to introduce substantial amendments to the regulation of personal data.
Methods of Securing Transactions for Project Financing
September 25, 2017
Currently, many financial institutions, involved in project financing in the Kyrgyz Republic, are interested in refundability of their investments. In respect thereof, questions on the legal ways to ensure the investments refundability arise.
Changes to the Law of the Kyrgyz Republic “On Personal Information”
August 11, 2017
The development of the legislation in the field of protection of personal information in the Kyrgyz Republic has started relatively recently.
On April 14, 2008, the Kyrgyz Republic adopted Law No. 58 “On Personal Information” (hereinafter the “Law 2008”), aimed to strengthen the state policy in the field of personal data management, as well as to protect the rights and freedoms of people whose personal data are being collected, processed and used.