On October 11, a meeting was held at the Secretariat of the Investment Council to address the matter concerning the request from the International Business Council (IBC) regarding the labeling of non-alcoholic, energy beverages classified under the Harmonized System code 2202 (HS code).

Following the meeting, the parties have agreed on further actions to regulate this issue. Specifically, the State Customs Service will provide the Secretariat with the protocols from previous sessions of the working group, along with other relevant materials related to the matter under consideration. The IBC will submit materials reflecting global best practices on this issue to the Secretariat. The Secretariat will continue its collaborative efforts to develop compromise solutions on the dialogue platform of the Investment Council's Secretariat.

On one hand, the labeling of non-alcoholic beverages is a mechanism used in global practice to confirm the legality of the product's origin. On the other hand, it may impact the increase in the cost of production.

The meeting was attended by Cholpon Joldosheva, Head of the Economy and Finance Sector at the IBC, Shirin Rizaeva, IBC representative, Ulukman Maksutov, Chief Specialist at the Ministry of Economy and Commerce of the Kyrgyz Republic, Chinara Mamyrbaeva, Head of the department at the State Tax Service under the Ministry of Finance of the Kyrgyz Republic, Bakyt Akmatov, Head of the department at the State Tax Service under the Ministry of Finance of the Kyrgyz Republic, as well as employees of the Secretariat of the Investment Council.