Kyrgyzstan Increased Its Own Production of Vegetable Oil to 56.5%
Economy

Kyrgyzstan Increased Its Own Production of Vegetable Oil to 56.5%

The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic is actively implementing the "30+20+10" project aimed at supporting processing enterprises and introducing resource-saving technologies. One of the key areas of focus has been the agro-industrial complex "Shabane," which has been engaged in the full cycle of safflower oil production since 1995 — from land cultivation to cold pressing of the finished product.

05.03.2026, 23:14
In the Osh Region, the international exhibition "Agro Expo – 2026" has opened.
Economy

In the Osh Region, the international exhibition "Agro Expo – 2026" has opened.

In the Osh region, an important agricultural exhibition "Agro Expo" has begun, which has become a central platform for presenting the latest achievements in agriculture. The opening of this event was attended by Erlis Akunbekov, the Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. During the event, he carefully examined samples of agricultural machinery, varietal seedlings, seeds, and modern agrochemical products presented at the exhibition.

05.03.2026, 23:07
Economy / Exclusive

In Kara-Kul, the implementation of the presidential moratorium on tax audits was discussed.

In Kara-Kul, a meeting was held dedicated to issues of small and medium-sized businesses. The main point of discussion was the clarification of Presidential Decree No. 18 dated January 28, 2026, which introduces a temporary moratorium on tax audits of entrepreneurs. Employees of the city prosecutor's office, representatives of the State Tax Service (GNS) for Kara-Kul, and local entrepreneurs participated in the event.

05.03.2026, 22:57
The National Bank of Kyrgyzstan Updated Quotes for Standard Gold Bars
Economy

The National Bank of Kyrgyzstan Updated Quotes for Standard Gold Bars

The National Bank of Kyrgyzstan has updated the quotes for standard gold bars. According to the new data, the buyback price for a bar weighing one troy ounce today is 452,379 soms. The previous day, March 4, the buyback price was set at 442,328.50 soms, which means an increase of 10,050 soms in one day.

05.03.2026, 21:29
Economy

The charter capital of the GIC will be increased by 35 billion soms

As part of its resolution on the development of the securities market, the Cabinet of Ministers also decided to increase the resource base of the republican budget for 2026 and strengthen the financial stability of state banks. According to decree No. 127-t dated March 2, the Ministry of Finance has been instructed to coordinate with the committee of the Jogorku Kenesh on finance, budget, entrepreneurship, and competition development the following actions:

05.03.2026, 21:14
In Kyrgyzstan, control over operations with Russian rubles has been tightened.
Economy

In Kyrgyzstan, control over operations with Russian rubles has been tightened.

The National Bank is introducing new measures to combat crime and money laundering. In the Kyrgyz Republic, there is an increased control in commercial banks over operations with Russian rubles. This has become possible due to a recent resolution adopted by the National Bank. According to the decision of the bank's management, financial institutions must enhance their control over foreign currency transactions, particularly with Russian banknotes. This is necessary for the effective

05.03.2026, 20:26
Economy

Fuel reserves in Kyrgyzstan will last for two months. What is the current situation with prices?

The market for fuel and lubricants in Kyrgyzstan is experiencing relative stability, despite price fluctuations over the past year. At a meeting in the Antimonopoly Regulation Service, representatives from major oil traders were present, including the NGO "Association of Oil Traders of Kyrgyzstan," the NGO "Alliance of Entrepreneurs," LLC "SHNOS," LLC "Alpha Oil," LLC "Munai Prom," LLC "Partner Neft," and JSC

05.03.2026, 20:02
Economy

Women in the new buildings of Bishkek and Osh will receive 5 million soms for business ideas

Winners of the competition have been determined in the cities In Bishkek and Osh, women entrepreneurs will be allocated 5 million soms to implement their business ideas. The competition, held as part of the Swiss project "Araket," has completed its final stage in these cities. The final stages of the competition took place on February 24 in Osh and March 2 in Bishkek, where pitching sessions were held. These events served as the final selection of participants who will be able to

05.03.2026, 19:48
Kyrgyzstan Modernizes Agriculture: 14 New MTS and 68 Cooperatives Opened
Economy / Exclusive

Kyrgyzstan Modernizes Agriculture: 14 New MTS and 68 Cooperatives Opened

In 2022, significant steps were taken in Kyrgyzstan to improve infrastructure in the agricultural sector, as reported by the Ministry of Water Resources, Agriculture, and Processing Industry of the country. According to the ministry, the construction of a quarantine laboratory has begun in Jalal-Abad, and $350,000 has been allocated for the upgrade of the laboratory in Balakchy.

05.03.2026, 18:57
The Jogorku Kenesh is considering the EAEU trade agreement with Mongolia
Economy

The Jogorku Kenesh is considering the EAEU trade agreement with Mongolia

The document includes a reduction in tariffs At the meeting during the second reading, the deputies of the Jogorku Kenesh supported the bill on the ratification of the Temporary Trade Agreement concluded between the Eurasian Economic Union and Mongolia. This agreement was signed on June 27, 2025, in Minsk and aims to deepen economic cooperation and create conditions for the free movement of goods and capital among the participants. The document includes mutual reductions in customs duties and

05.03.2026, 18:57
Peas, pumpkin, and plums from Kyrgyzstan are exported to the international market
Economy

Peas, pumpkin, and plums from Kyrgyzstan are exported to the international market

The main importers are Russia, Japan, and China Kyrgyzstan is actively exporting peas, pumpkin, and plums to international markets, as reported by the Ministry of Water Resources, Agriculture, and Processing Industry. According to information from the ministry, the following shipments were made in 2025: - 40 tons of lentil seeds were sent to Russia; - 1500 tons of "Lagenaria" pumpkin seeds were shipped to Japan; - the first batch of dried plums, totaling 23 tons, was sent to China;

05.03.2026, 18:26
Economy / Exclusive

A meeting with entrepreneurs was held in the city of Manas

A meeting dedicated to the protection of the legitimate rights and interests of entrepreneurs took place in the Jalal-Abad region. According to information from the prosecutor's office, high-ranking representatives participated in the event, including the presidential envoy in the Jalal-Abad region, the head of the regional internal affairs department, the head of the Main Department of the State National Security Committee, as well as the heads of territorial departments of the State Tax

05.03.2026, 18:04
War in the Middle East: Fuel Supplies in Kyrgyzstan Will Last for Two Months
Economy

War in the Middle East: Fuel Supplies in Kyrgyzstan Will Last for Two Months

The State Antimonopoly Agency clarified the situation in the market According to the State Antimonopoly Agency, the market for fuel and lubricants in Kyrgyzstan remains stable, with reserves of petroleum products sufficient to meet domestic demand for the next two months. Recently, the agency held negotiations with the main oil traders in the country, such as "RN-Kyrgyznefteprodukt," "Partner Oil," "Alpha Oil," and others, and confirmed that fuel supplies from

05.03.2026, 17:07
Blocking of the Hormuz Strait. China has ordered to suspend gasoline exports
Economy

Blocking of the Hormuz Strait. China has ordered to suspend gasoline exports

Chinese authorities have instructed oil refineries to temporarily halt the export of gasoline and diesel fuel. This decision, according to Bloomberg, is a result of supply disruptions from Middle Eastern countries caused by the conflict in Iran. According to government expectations, this measure will help improve the situation in China's domestic market, which is experiencing a fuel shortage. Additionally, companies have been advised to refrain from signing new contracts and to cancel

05.03.2026, 17:02
The International Agro Exhibition Agro Expo 2026 has opened in the city of Osh
Economy

The International Agro Exhibition Agro Expo 2026 has opened in the city of Osh

The international agricultural exhibition Agro Expo 2026 has opened in the central square of Osh, as reported by representatives of the local mayor's office. Within the framework of the exhibition, the latest samples of agricultural machinery, high-quality seeds, seedlings, fertilizers, and drip irrigation systems are being showcased. Participants are presenting their products from Kyrgyzstan, Uzbekistan, Tajikistan, and China.

05.03.2026, 16:02
What Barriers Businesswomen Face in Kyrgyzstan, as Reported by the Guarantee Fund
Economy / Exclusive

What Barriers Businesswomen Face in Kyrgyzstan, as Reported by the Guarantee Fund

During the opening ceremony of the "Ring the Bell for Gender Equality" trading event, Reina Kurmankozhoeva, Deputy Chair of the Board of the Joint Stock Company "Guarantee Fund," raised an important issue regarding the difficulties faced by women entrepreneurs in Kyrgyzstan when it comes to lending. One of the main problems is the lack of collateral. According to her, many women have limited property assets registered in their names and face challenges in accessing

05.03.2026, 14:46
Kyrgyzstan and the World Bank Discussed the Development of PPP
Economy

Kyrgyzstan and the World Bank Discussed the Development of PPP

The meeting of representatives from the National Investment Agency under the President of Kyrgyzstan and the World Bank mission was held under the leadership of Deputy Head of the Agency Meirimbek Koichumanov. This event was reported by the agency's press service. The delegation, led by Senior Infrastructure Finance Specialist Aditi Raina, also included consultant Erkin Asrandiev. During the meeting, the main focus was on the development of new regulatory acts, such as the Regulation on

05.03.2026, 14:43
Bishkek will become a port, and military vessels of the Kyrgyz Republic will not transport nuclear materials
Economy

Bishkek will become a port, and military vessels of the Kyrgyz Republic will not transport nuclear materials

The discussion of the new Maritime Commercial Code began with public participation According to the draft of the new Maritime Commercial Code being developed in Kyrgyzstan, military vessels of the republic will not transport nuclear materials. This document aims to create a legal infrastructure for maritime transport and the use of vessels registered under the flag of the Kyrgyz Republic. The Code has been presented for discussion among citizens. These new rules will help regulate commercial

05.03.2026, 13:22
Economy

Goods Supply. Direct Negotiations with Buyers from Kyrgyzstan to be Held in Pskov

In Pskov, Russia, direct negotiations will take place with buyers from Kyrgyzstan, Kazakhstan, Belarus, and Tajikistan. This became known thanks to information from the Export Support Center of the Pskov region. This initiative is part of the business program of the interregional industrial cooperation forum, within which manufacturers and exporters from this region are invited.

05.03.2026, 13:15
Kyrgyz Sellers Can Again Freely Ship Goods to Marketplaces
Economy / Exclusive

Kyrgyz Sellers Can Again Freely Ship Goods to Marketplaces

Kyrgyz sellers have once again been given the opportunity to send goods to marketplaces without hindrance, provided they have all the necessary documents. This was announced during a press conference at the "Kabar" agency by Urmat Takirov, the director of the Center for Development and Promotion of Exports "Kyrgyz Export" under the Ministry of Economy and Commerce of the Kyrgyz Republic. According to Takirov, earlier shipments faced difficulties due to new rules regarding

05.03.2026, 13:12
Export to EAEU Countries. The SPOT System Will Start Testing on April 1
Economy / Exclusive

Export to EAEU Countries. The SPOT System Will Start Testing on April 1

Starting April 1 of this year, testing of a new goods waiting confirmation system known as SPOT will begin. This was announced by Urmat Takirov, director of the Export Development and Promotion Center "Kyrgyz Export" under the Ministry of Economy and Commerce of the Kyrgyz Republic. “The full launch of the system is scheduled for July 1, 2026. The main feature of SPOT is that when processing a shipment, the consignee must be specified. The SPOT system will allow for the advance

05.03.2026, 13:05
An operational headquarters is working at the IEC to assist entrepreneurs with exports to EAEU countries
Economy / Exclusive

An operational headquarters is working at the IEC to assist entrepreneurs with exports to EAEU countries

In Kyrgyzstan, an operational headquarters has been established within the Ministry of Economy and Commerce (MEC) to assist local entrepreneurs facing difficulties in processing export documents. This was stated at a press conference at the IA "Kabar" by Urmat Takirov, director of the Center for Development and Promotion of Exports "Kyrgyz Export" under the MEC. He noted that the initiative to create the headquarters arose in response to the introduction of new mobile

05.03.2026, 12:57
Economy

The Operational Headquarters for Tailors Continues Its Work: Contacts and Addresses

In the context of the crisis in the garment industry, the operational headquarters organized by the Ministry of Economy and Commerce continues its work, focusing on assisting local clothing manufacturers. This was reported by Urmat Takirov, the director of the "Kyrgyz Export" center, at a recent press conference. According to him, the situation with exports remains complicated, leading to a constant interest from garment enterprises in receiving informational and consulting support.

05.03.2026, 12:55
Economy

Ministry of Economic Development: Sewing Workshops Need an Accountant to Work in Electronic Systems

At a press conference, the director of the "Kyrgyzexport" Center under the Ministry of Economy and Trade, Urmat Takirov, stated that owners of sewing workshops need to hire an accountant capable of working with electronic systems for document and certificate processing. According to him, for effective interaction with digital services, it is not necessary to have an accountant on staff — one can use the services of a specialist on a part-time or remote basis.

05.03.2026, 12:45
Economy

Iran has imposed a temporary ban on the export of all food products: Dushanbe is concerned

A temporary ban on the export of all types of food products and agricultural goods has been introduced in Iran. This decision has come into effect and will remain in place until further notice from the government. In Tajikistan, which relies on Iranian food supplies, concerns have already been expressed regarding this issue. The authorities in Tehran link this decision to the need to prevent a possible shortage and rising prices for essential consumer goods amid the conflict with the USA and

05.03.2026, 12:14
Economy

Repeated violations of phytosanitary standards threaten exporters with a 60-day ban

Exporters of plant products from Kyrgyzstan risk facing a ban on the export of their goods for up to 60 days in the event of repeated violations of phytosanitary standards. This was announced at a press conference by Urmat Takirov, head of the "Kyrgyzexport" Center, which operates under the Ministry of Economy and Commerce. He noted that issues related to increasing phytosanitary control were discussed in 2025 at a special meeting. As a result, stricter requirements are imposed on

05.03.2026, 12:10
Kyrbasheva: "Green" Energy - A New Step Towards Energy Security
Economy / Exclusive

Kyrbasheva: "Green" Energy - A New Step Towards Energy Security

- We view energy as a strategically important sector, not just as a business. The demand for electricity has significantly increased in recent years, highlighting the need to diversify energy sources to avoid relying solely on hydropower. The development of alternative sources is one of the main pathways to ensuring energy security. The choice of a wind power plant is due to the fact that this direction has been virtually unused in our country before. Becoming pioneers in this field has proven

05.03.2026, 12:09
Economy

Kyrgyz Sellers Can Freely Supply Goods to Russian Marketplaces

Entrepreneurs from Kyrgyzstan have gained the opportunity to supply light industry goods to Russian marketplaces without hindrance. This was announced at a press conference by Urmat Takirov, director of the "Kyrgyz Export" Center under the Ministry of Economy and Commerce. All previously existing administrative barriers have been removed. According to Takirov, supplies can now be made in a free mode, provided that the rules for document processing are followed. Earlier, the Kyrgyz

05.03.2026, 12:07
The Jogorku Kenesh considered the ratification of the EAEU trade agreement with Mongolia
Economy / Exclusive

The Jogorku Kenesh considered the ratification of the EAEU trade agreement with Mongolia

During the meeting of the Jogorku Kenesh, deputies considered a draft law concerning the ratification of the Temporary Trade Agreement between the Eurasian Economic Union and its member states on one side and Mongolia on the other. The agreement, signed on June 27, 2025, in Minsk, Republic of Belarus, was discussed in the second reading. The initiative for the draft law was put forward by the Cabinet of Ministers of the Kyrgyz Republic.

05.03.2026, 12:00
In the EAEU, the agreement on temporary trade has been ratified in the housing complex.
Economy / Exclusive

In the EAEU, the agreement on temporary trade has been ratified in the housing complex.

During the meeting of the Jogorku Kenesh, parliamentarians reviewed a draft law concerning the ratification of the Temporary Trade Agreement between the Eurasian Economic Union and its members, on one side, and Mongolia, on the other. This document was signed on June 27, 2025, in Minsk, Belarus, and was discussed in the second reading. The initiator of this draft law was the Cabinet of Ministers of the Kyrgyz Republic.

05.03.2026, 11:58
Economy

Operations with rubles will be monitored more closely in commercial banks

In accordance with the resolution of the Board of the National Bank of the Kyrgyz Republic, commercial banks are required to strengthen control over cash foreign currency transactions, particularly with Russian rubles. This decision is linked to the necessity of complying with legislation aimed at combating the financing of criminal activities and money laundering of proceeds obtained through illegal means. This document came into effect on March 1, 2023, and will remain in force until March 1,

05.03.2026, 11:49
Economy

Kyrgyzstan Prepares Maritime Code: Fleet Under the Flag of Kyrgyzstan and Ship Registry

The country has begun work on the project of the Maritime Code, which is intended to establish a legal framework for the development of maritime transport and the use of vessels under the flag of Kyrgyzstan. This document has already been presented for discussion. The Code covers issues related to commercial shipping and asserts Kyrgyzstan's right, as a landlocked state, to access international waters and freedom of navigation in accordance with international law.

05.03.2026, 11:45
Economy

The National Bank has strengthened control over operations with cash Russian rubles

According to the new resolution adopted on March 4, 2026, the National Bank of the Kyrgyz Republic has mandated commercial financial institutions to provide information on cash transactions in Russian rubles exceeding 5 million rubles on a daily basis. As reported by the press service of the National Bank, this measure is aimed at improving the control and monitoring of currency operations in the banking sector.

05.03.2026, 11:30
Exchange rates in commercial banks of Kyrgyzstan on March 5
Economy

Exchange rates in commercial banks of Kyrgyzstan on March 5

Information about exchange rates has been collected from the resources of commercial banks. If you have any questions regarding the provided data, it is recommended to contact the financial institutions directly. The data is current as of the time of publication. Please note that the indicated rates are intended for cash exchange and may change throughout the day.

05.03.2026, 11:15
In 2026, 75 processing enterprises will open across Kyrgyzstan.
Economy

In 2026, 75 processing enterprises will open across Kyrgyzstan.

An ambitious plan for the industrialization of the agricultural sector has been approved in Kyrgyzstan, which will be implemented in 2026. As part of the state strategy aimed at modernizing production processes and enhancing export capabilities, 75 new processing enterprises will open in the republic. The main focus will be on the deep processing of dairy, meat, and fruit and vegetable products. According to the press service of the Ministry of Agriculture of the Kyrgyz Republic, 6 billion 203

05.03.2026, 11:09
Economy

Export to Russia under new rules: what tailors need to know about the SPOT system

Starting April 1, Russia will begin testing the Goods Expectation Confirmation System (SPOT), which will require consignees to register documents and make a security payment. This was announced by Urmat Takirov, director of the "Kyrgyz Export" center under the Ministry of Economy and Commerce, at a press conference. As Takirov noted, this measure, introduced by the government of the Russian Federation, is aimed at strengthening control over commodity flows within the Eurasian Economic

05.03.2026, 11:03
Economy

Attack on Iran. Russia may halt supplies to the European gas market - Putin

Vladimir Putin, the President of Russia, announced the need to consider the possibility of halting gas supplies to Europe. He noted that it might be more beneficial for the country to stop exports now rather than wait for European countries to completely abandon Russian gas. Putin shared this with journalist Pavel Zarubin. “European countries plan to impose restrictions on the import of Russian gas, including liquefied gas, starting next month, and to completely ban its purchase by 2027. During

05.03.2026, 10:40
Official exchange rate as of March 5
Economy / Exclusive

Official exchange rate as of March 5

The National Bank of Kyrgyzstan has presented updated foreign exchange rates against the som as of March 5. According to the regulator's information, the current values are: - US Dollar (USD): 87.45 soms;

05.03.2026, 09:08
The new Minister of Agriculture inspected the work of the specialized research institute.
Economy

The new Minister of Agriculture inspected the work of the specialized research institute.

Erlis Akunbekov, who holds the position of Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, conducted an inspection at the Kyrgyz Scientific Research Institute of Veterinary Medicine named after Arstanbek Dyusheev. This was reported by the press center of the Ministry of Agriculture of the Kyrgyz Republic. During his visit, the minister familiarized himself with the activities of the institute, explored

05.03.2026, 09:04
The ruble strengthened against all major currencies except the dollar. Exchange rate as of March 5.
Economy

The ruble strengthened against all major currencies except the dollar. Exchange rate as of March 5.

Photo from the internet. In recent days, significant fluctuations of the Kazakhstani tenge have been observed, and the euro has noticeably weakened The exchange rate of the euro, Russian ruble, Kazakhstani tenge, and Chinese yuan has decreased. In turn, the US dollar has regained its positions. These changes are confirmed by data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:

05.03.2026, 09:02
Economy

The National Bank has completed the special regulation regime in two companies.

The National Bank of Kyrgyzstan has announced the completion of special regulatory regimes for the companies "Regional Payment Systems" and "QuickPay System." This decision was made by the regulator. It is reported that the temporary licenses issued earlier have been canceled. This decision resulted from the work of the committee on payment systems and digital financial technologies of the National Bank, which assessed the successful testing of new financial instruments.

05.03.2026, 08:29