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Annual Meeting

Annual Meeting

Friday, 19 January 2024
On December 25, a concluding meeting unfolded, featuring representatives from government entities and business associations.
The event acknowledged the contribution of the previous team of the Secretariat of the Investment Council, headed by Talaibek Jumashovich Koichumanov. He was presented with a special certificate signed by the Vice Chairman of the Investment Council, the Secretary of the Investment Council, and the Head of the EBRD in Central Asia.
Appreciation letters were also awarded to active members of the Council for their active participation in the public-private dialogue aimed at improving the business environment and investment climate.
"Emphasizing the sustainability, stability, and effectiveness of the Investment Council as a unique platform for high-level public-private dialogue, which has been successfully functioning for over 16 years. This is confirmed by our achievements and significant decisions made during joint discussions. A crucial aspect has been the strengthening of mutual trust and understanding between government bodies and the business community. The Secretariat has fostered an atmosphere conducive to achieving mutually acceptable outcomes," noted the head of the Secretariat, Uluk Kadyrbaev.
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Investment Council Meeting

Investment Council Meeting

Wednesday, 20 December 2023

On December 19, 2023, under the chairmanship of the Prime Minister of the Kyrgyz Republic and Chairman of the Investment Council, Mr. Akylbek Japarov, another meeting of the Investment Council took place at the Administration of the President of the Kyrgyz Republic. Representatives of business associations, government bodies, international organizations, development funds, state banks, and the Secretariat of the Investment Council attended the meeting.

 

The Investment Council under the Cabinet of Ministers of the Kyrgyz Republic serves as a pivotal platform for public-private dialogue on improving the business environment, enhancing the investment climate, and promoting the development of public-private partnerships. It also focuses on safeguarding the rights of investors and entrepreneurs to achieve.

 

The agenda of the meeting included several critical issues:

Amendments to the Law of the Kyrgyz Republic "On Restricting the Circulation of Packages Made of Polymer Film and Plastic Products on the Territory of the Kyrgyz Republic."

Presentation of the new version of the Law of the Kyrgyz Republic "On Investments in the Kyrgyz Republic."

Results and plans for developing public-private partnerships PPP in the Kyrgyz Republic.

In addition, the results and further work plans of the Investment Council for 2024 were discussed.

At the conclusion of the meeting, relevant protocol assignments were issued.

* The project is supported by the European Bank for Reconstruction and Development (EBRD)

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Meeting with the Deputy Director of the National Agency for Investments

Meeting with the Deputy Director of the National Agency for Investments

Wednesday, 20 December 2023
The team of the Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic had a meeting with the Deputy Director of the National Agency for Investments under the President of the Kyrgyz Republic, Ms. Jibek Abdullaeva. During this meeting, the parties discussed the operational collaboration between the Investment Council Secretariat and the National Agency for Investments to advance initiatives related to improving the investment climate in the Kyrgyz Republic. Additionally, the Investment Council Secretariat presented the key focus areas of its activities and shared plans for the mid-term perspective.
 
Both parties expressed interest in providing support and necessary assistance in organizing a dialogue platform with business associations to foster effective and productive efforts aimed at enhancing the entrepreneurial environment.
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The Creative Industries Park is set to launch in the Kyrgyz Republic

The Creative Industries Park is set to launch in the Kyrgyz Republic

Friday, 08 December 2023
Thanks to collaborative efforts and public-private dialogue, the Creative Industries Park is set to launch in the Kyrgyz Republic.
On December 6, 2023, the Chairman of the Cabinet of Ministers of the Kyrgyz Republic/Chairman of the Investment Council, Akylbek Japarov, signed a decree addressing certain matters in the sphere of the Creative Industries Park. This document approves the list of activities within the Creative Industries Park eligible for the corresponding regime.
This decree marks a significant step in the development of creative business, the creative economy, and the enhancement of the creative industries' ecosystem in the country.
According to the decree, the powers of the Park's Supervisory Board are expanded by granting the board the right to individually determine the creativity of each applicant seeking residency status in the Creative Industries Park.
Thus, the Supervisory Board will meticulously review each residency application, making decisions on granting or denying residency status. This empowers the Park to autonomously, objectively, and impartially make decisions, including conducting a detailed analysis of the candidate's activities to prevent tax evasion and other obligatory payments.
The Supervisory Board consists of two representatives from the Cabinet of Ministers and five members from the private sector (creative sector entrepreneurial associations), showcasing the government's full trust in the private sector for making crucial decisions in developing the creative industry.
The Secretariat of the Investment Council is always open to providing its platform for dialogue and will continue its efforts to enhance the business environment in the country.
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