Economy

Maksat Chakiev: Representatives of the tourism business attracted 35 million soms to Kyrgyzstan

The head of the tourism department reported on the results of domestic entrepreneurs' participation in international fairs in the tourism sector. Domestic representatives of the tourism business participated in 4 international tourism fairs. This was reported by the head of the Tourism Department, Maksat Chakiev. The exhibitions took place in Moscow, Yekaterinburg, Novosibirsk, and Almaty. According to the head of the department, domestic entrepreneurs in the tourism sector signed more

25.05.2014, 16:14

Economy

The IMF suggests that Kyrgyzstan improve its investment climate.

At a press conference in Bishkek on May 16, the head of the International Monetary Fund mission, Christian Beddies, stated that both the government and the IMF are aware of the existence of the shadow economy in the Kyrgyz Republic. “We believe that improving the business environment and creating equal economic conditions for all market participants will lead to a reduction in the level of the shadow economy and the withdrawal of activities from the shadows.” He expressed the opinion that this

18.05.2014, 07:54

Economy

Members of the National Council of Kyrgyzstan urge the authorities to postpone the signing of the roadmap for joining the Customs Union.

"We, members of public supervisory councils and civil activists of Kyrgyzstan, call for a transparent and comprehensive analysis of the consequences of joining the Customs Union for all sectors of the country, including social sectors: education, healthcare, and social protection," the statement released today says. Members of the Public Supervisory Council are concerned that the government, represented by the Minister of Economy of Kyrgyzstan, Temir Sariev, has not ensured a

17.05.2014, 11:33

Economy

Kyrgyzstan Achieved Benefits Upon Joining the Customs Union

The government of Kyrgyzstan has approved the "road map" project for joining the Customs Union (CU). During the negotiations, an agreement was reached on certain preferences for the republic, said the Minister of Economy of the republic, Temir Sariev, on Monday.

14.05.2014, 20:56

Economy

Aiming for Prosperous Switzerland

Kyrgyzstan still remains a country that is entirely dependent on foreign influences. Despite the ongoing difficulties faced by foreigners working in the territory of the Kyrgyz Republic, they continue to believe in the promises of the official authorities regarding support and invest fabulous sums into our country. This week, the First Deputy Prime Minister of the Kyrgyz Republic, Joomart Otorbaev, met with the Ambassador of Switzerland to the Kyrgyz Republic, Rene Holenstein. The parties

14.03.2014, 21:44

Economy

Kazakhstan: Trading in Light, Vegetables, and Clothing

In terms of trade volume with Kyrgyzstan, Kazakhstan ranks third. Kyrgyzstan trades with a total of 141 countries worldwide. Of this, 12 percent of Kyrgyzstan's total trade is with its closest neighbor. Over the past three years, this figure has tripled. Today, a conference dedicated to trade cooperation between the states took place in Bishkek.

12.03.2014, 18:35