The Secretariat of the Investment Council is forming Consultative Groups

Wednesday, 03 April 2024 05:18
On March 13, 2024, the office of the Secretariat hosted the first introductory meeting on the formation of consultative groups, aimed at strengthening the interaction between government bodies, the business community, and experts. The meeting gathered key participants from business associations and the expert community and was held in a hybrid format, with participants attending both offline and online.
The main focus was on issues related to the tax system, integration of the principles of the "green economy" into sectoral policy, and improvement of the electronic transport invoicing system (ETTN). The difficulties faced by business structures due to current procedures were discussed, and solutions were proposed, including the need to create a unified information system.
The meeting identified a number of suggestions for improving the regulatory environment, including amnesty for businesses transitioning to digital accounting and the need to harmonize national standards with international requirements to accelerate the integration of Kyrgyz business into the global economy.
This meeting served as a platform for exchanging opinions and developing concrete steps towards creating a favorable business environment in the country, emphasizing the importance of joint efforts of all interested parties to achieve sustainable economic growth and development.
We would like to remind you that five consultative groups will be organized:
✅ Improving the investment climate, PPPs, and enhancing the economy's competitiveness
✅ Transition to a green economy (climate change mitigation and adaptation)
✅ Development of SMEs and women's entrepreneurship
✅ Digitalization of the economy and development of creative industries
✅ Development of the agricultural sector and increasing export potential
The Secretariat of the Investment Council expresses its gratitude to all participants for the productive dialogue and valuable ideas. Following the meeting, an action plan will be developed to address the identified issues and implement the proposed initiatives.