Officials and the World Bank Discussed Investor Rights Protection in Kyrgyzstan

Владислав Вислоцкий Economy
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In Bishkek, a meeting took place where Ravshanbek Sabirov, head of the National Investment Agency, discussed issues related to investment regulation reforms in Kyrgyzstan with Hugh Riddell, a representative of the World Bank.

According to the agency's press service, the discussion covered several key aspects, including the creation of modern legislation in the investment sector, mechanisms for protecting investors' rights, and measures to enhance predictability and stability in regulation. The parties also considered the implementation of international practices aimed at improving the investment climate and the development of state support tools, such as stabilization and incentive measures.

During the meeting, the optimization of investor interaction with government bodies, the need to reduce administrative barriers, and the adaptation of subordinate legislation to the goals of state investment policy and international standards were also discussed, using recommendations from the World Bank.

Sabirov emphasized the importance of the World Bank's expert and consulting assistance in the process of reforming investment legislation.
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