The Housing Committee ratified the investment protection agreement between Kyrgyzstan and Italy

Виктор Сизов Economy / Exclusive
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The Committee of the Jogorku Kenesh ratified the agreement on investment protection between Kyrgyzstan and Italy

At a meeting of the committee of the Jogorku Kenesh, which deals with finance, budget, and entrepreneurship, parliamentarians ratified the agreement on the encouragement and protection of investments between the Kyrgyz Republic and Italy in the first reading.

Deputy Head of the National Investment Agency Damirbek Bikulov reported that the document was signed on May 30, 2025, in Astana and was initiated by the Chairman of the Cabinet of Ministers of Kyrgyzstan.

According to him, the purpose of the bill is to strengthen economic cooperation and expand investment relations between the two countries. This is an international legal document.

In response to a question from Deputy Kamila Talieva about how much investment from Italy has been attracted to Kyrgyzstan so far, Bikulov answered that for the three quarters of 2025, this figure amounted to only 2 million dollars.

“The Italian side mainly offers its technologies. As a result of the president's visit to Italy in 2024, certain agreements were reached. This document will create a good basis for further cooperation between our countries,” he added.

Deputy Ulan Primov inquired about what goods Kyrgyzstan plans to export to Italy.

Bikulov clarified that the main products will be organic and textile goods.
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