President of the Kyrgyz Republic, Sadyr Japarov, has initiated a draft Law of the Kyrgyz Republic "On Amendments to Certain Legislative Acts of the Kyrgyz Republic in the Field of Protecting the Rights of Entrepreneurs and Investors." The concept of the draft law aims to enhance the protection of entrepreneurs and investors engaged in economic activities in the Kyrgyz Republic.

The draft law proposes to introduce corresponding changes to the Criminal Code of the Kyrgyz Republic, the Code of Offenses of the Kyrgyz Republic, and the Criminal Procedure Code of the Kyrgyz Republic.

Key changes include:

• Adding a new article 338 (1) to the Criminal Code of the Kyrgyz Republic, which provides for liability for obstructing lawful entrepreneurial activities.
• Increasing the fine stipulated in Article 436 of the Code of Offenses of the Kyrgyz Republic from 100 to 150 calculation indices, in connection with the increased liability for obstructing lawful entrepreneurial activities.
• Implementing alternative preventive measures (electronic monitoring, bail, house arrest) for entrepreneurs, as provided by the Criminal Procedure Code of the Kyrgyz Republic, to protect entrepreneurs from unjustified pre-trial detention.

Previously, this issue was also considered by the expert working group on improving the legislation of the Kyrgyz Republic, which regulates the issues of attracting investments, including foreign ones, developing tourism, aviation, the licensing system, and eliminating excessive control functions of state bodies. The Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic is part of this expert group.

These changes are aimed at creating favorable conditions for businesses and investors, as well as improving the investment climate in the country. The Secretariat of the Investment Council continues to actively participate in the development and promotion of initiatives that contribute to economic development and the protection of the rights of entrepreneurs and investors in the Kyrgyz Republic.