A large delegation of Turkmen business people recently visited Kyrgyzstan to explore the local market and offer their products here.

Kyrgyzstan can attract investors by issuing residence permits for them, says Askar Sydykov, the executive director of the International Business Council (IBC) based in Bishkek. “Our openness including an open visa policy can be good for attracting investors".

The Parliamentof Kyrgyzstan has approved a new structure of the Government, which will include two new committees while two ministries will be renamed.

UNWTO Secretary-General Taleb Rifai Rifai addressed four points which he deemed imperative for the growth of tourism in Kyrgyzstan.

Centerra strongly disputes claims of the State Inspectorate for Environmental and Technical Safety and the State Agency for Environment and Forestry Protection of the Kyrgyz Republic and considers them without merit.

Project “Made with Italy in Kyrgyzstan” was submitted to the Economy Ministry of Kyrgyzstan, the CCI and business associations such as the International Business Council (IBC), Bishkek Business Club, and JIA Business Association.

"Business has always faced problems and will face them in the future. It is important how the Government responds to them" Executive Director of the International Business Council Temirbek Azhykulov said at a meeting of Prime Minister of Kyrgyzstan with the business community.

The economic development and investment growth depend not only on the willingness and capacity of the state and business, but also on the social and political situation in the country. Any turmoil significantly worsens the investment image of Kyrgyzstan.

As oil prices continue to concern governments and oil producers around the world, Kazakhstan has stated that it will plough on with plans to increase its oil output, provided that the price per barrel remains above $40. Meanwhile, Turkmenistan has started to transport gas via the East-West pipeline and has launched work to construct a plant for producing gasoline using natural gas. Kyrgyzstan has hosted a forum to boost its work on developing small hydro energy projects, with participants from South Korea, China and Turkey also in attendance.