The Kyrgyz parliament ratified the proposal for property law regulation of resort properties at Issyk-Kul lake in Kyrgyzstan.
A total of 59 deputies voted for the resolution and 17 voted against,with no abstainers. That means, a Kyrgyz parliament passed the law granting to Kazakhstan 4 resort properties.
The resorts “Samal” , “Avtomobilist”, “Olimp” and a sanitarium […]
An official visit of president of Kyrgyzstan Kurmanbek Bakiev to
Kazakhstan (Astana) will be held 17-18th April.
Recently, the Bishkek Press Club (BPC) collected the opinions of
politicians and political scientists about the upcoming visit.
Kyrgyz political scientist Nur Omarov told in the interview to Bishkek
Press Club that the visit would be a significant event.
“Actually this visit will […]
Kyrgyzstan became a member of World Trade Organization in December 1998, almost ten years ago, and since then the country did not get any visible benefits from it. Moreover, WTO membership can negatively impact the economic situation in Kyrgyzstan. Neighbor country, Kazakhstan, had decided to impose export tariffs for grain, which caused the substantial […]
The Chinese company CNC will start the electrification of Kyrgyzstan railroads, informs Delo Nomer. This company has experience in implementing such projects, and in particular, in other countries of the Central Asia, Uzbekistan and Turkmenistan.
This one hundred million dollars project will be completed in five years. Electrification will substantially increase the velocity of trains and […]
Below is a translation of Mirsulzhan’s post from the Russian language blog
The 14th annual Index of Economic Freedom prepared by the Heritage Foundation and the Wall Street Journal was publicized on the 14th January. 162 countries took part and the economic freedom of each country was measured by 10 indicators such as free trade, […]
Central Asia and hydrocarbons, that is usually a story limited to Kazakhstan and Turkmenistan, the oil and gas rich countries of the region. Fair enough, Uzbekistan also has some considerable gas deposits, yet it remains a net importer of energy.
Despite some old rusty derricks in the Ferghana Valley, oil and gas in Kyrgyzstan […]
The number of mobile phone users was about 1,68 million announced the deputy minister of transport and telecommunications Suyumbaeva Chinara during annual ICT conference. There are 4 mobile operators in Kyrgyzstan and their earnings exceeded $70 million and it is significantly growing each year. Also, there are 7 operators of fixed line […]
Two projects on building aluminum plants can be implemented in Kyrgyzstan said the head of RosAtom Sergey Kiriyenko, informs 24.kg. Also Kiriyenko represents the Russian side in inter governmental joint commission on trade, economy, science, and technical cooperation between Kyrgyzstan and Russia. One of the projects is being prepared by Rinko Holding, and another […]
Vedomosti informs, that Morgan Stanley, famous investment bank, invited Mobile Telesystems, MTS, to participate in tender for Sky Mobile, the Kyrgyz cellular operator. This offer astonished MTS, and its representatives argued why Morgan Stanley, such a reputable company, is holding the sales of a company, which is still in court hearings (Rus). In few […]
Baltika Ltd, a Russian brewing company, sold about 10 million liters of beer during six months this year, which is 12% higher than the last year sales for the same period, informs Akipress. The beer market is small, but still attractive to foreign suppliers. Currently, there are beer importers from Russian, Kazakhstan, China, and […]
