The Secretariat of the Investment Council participated in a meeting dedicated to the potential accession of the Kyrgyz Republic to the "United Nations Convention on International Settlement Agreements Resulting from Mediation" ("Singapore Convention on Mediation"). The meeting was organized by the Ministry of Justice of the Kyrgyz Republic as part of a technical assistance project launched by the European Bank for Reconstruction and Development (EBRD) in collaboration with the International Development Law Organization (IDLO).

The Convention applies to international settlement agreements resulting from mediation and concluded by parties to resolve a commercial dispute, providing a harmonized framework for the enforcement and application of such agreements.

The Government of the Kyrgyz Republic supports mediation and promotes its development, including through accession to the Singapore Convention on Mediation. To support this important initiative, the EBRD and IDLO have launched a technical assistance project. The project's goals include supporting the process of signing and ratifying the Convention and assisting in the development of the necessary domestic legislation, raising public awareness, and achieving consensus to ensure the successful implementation of the Convention in the Kyrgyz Republic.

The Secretariat of the Investment Council under the Cabinet of Ministers of the Kyrgyz Republic supports the initiative of the Ministry of Justice to establish legal frameworks for the fair and effective resolution of international investment disputes through mediation, as well as the legal conditions for the development and improvement of the investment climate in the Kyrgyz Republic.