On July 16, 2025, the Cabinet of Ministers of the Kyrgyz Republic adopted Resolution No. 420. This resolution introduced amendments to the Regulation of the Investment Council under the Cabinet of Ministers. The original version of this regulation was approved by Resolution No. 253 on May 16, 2022.
According to the amendments, the Council has officially been renamed the Business Development and Investments Council. The updated regulation also incorporates several functional and procedural elements that the Council had already implemented in recent years.
Summary of Key Amendments:
▪️Renaming the Council and updating legal references accordingly.
▪️Reinforcement of existing functions, including:
· Promotion of sustainable and environmentally responsible investment.
· Organization of consultations, forums, and seminars.
· Establishment of an online platform for receiving complaints and suggestions from the private sector.
· Monitoring the implementation of investment projects and providing recommendations to public authorities.
· Research and analysis of systemic issues affecting the business and investment climate.
▪️Council's new members:
· Inclusion of the head of the National Institute for Strategic Initiatives under the president of the Kyrgyz Republic.
· Inclusion of a representative of the National Academy of Sciences.
▪️Procedural changes:
· A new procedural requirement has been introduced, whereby Council meeting agendas and proposed decisions must be submitted in advance for approval by the authorized state body for economic development and entrepreneurship support, as well as the relevant sectoral ministries.
The resolution will enter into force 15 calendar days following its official publication.
Secretariat of the Council reaffirms its commitment to ensuring a transparent and inclusive platform for dialogue between the public and private sectors. This commitment aligns with the Council's ongoing mission of supporting evidence-based policymaking and improving the business environment in the Kyrgyz Republic.