Business in the Kyrgyz Republic, Bishkek

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Syllabus of the Subject: Foreign Trade and Business in Kyrgyzstan - Bishkek (Course, Master).

1. Introduction to the Kyrgyz Republic (Kyrgyzstan)
2. Kyrgyz Economy
   1. Economic Profile of the Kyrgyzstan regions
   2. Kyrgyz Banking System
3. Doing Business in Bishkek
4. Foreign Trade of the Kyrgyz Republic. Custom regulations
5. Foreign Direct Investment (FDI) in Kyrgyzstan
   1. Reasons to Invest in Kyrgyzstan
6. Business Opportunities in the Kyrgyz Republic
   1. Tourism
   2. Light industry
   3. Kyrgyz Agro-industrial sector
   4. Transport
   5. Mining
   6. Electric-power industry
7. Case Study: Kumtor Gold (33% of the Kyrgyz export of goods and services)
8. Access to the Kyrgyz market
9. Business Plan for Kyrgyzstan

1. Almaty-Bishkek Economic Corridor
2. Kyrgyzstan-Tajikistan-Afghanistan-Iran Transport Corridor (KTAI -ECO)
3. Eurasian Land Transport Initiative (Silk Road)
4. International North-South Transport Corridor (India-Russia)
5. Transport Corridor Europe-Caucasus-Asia (TRACECA)
6. Trans-Caspian Trade and Transit Corridor (Central Corridor)
7. China-Central Asia-West Asia Economic Corridor
8. Access to the:
   1. Islamabad-Tehran-Istanbul Rail and Road Corridor (ITI-ECO)
   2. India-Chabahar (Iran)-Afghanistan Corridor
   3. China-Pakistan Economic Corridor
   4. International Transport and Transit Corridor of the Ashgabat Agreement (not member)

Kyrgyz Preferential Access and Free Trade Agreements

1. Kyrgyzstan and the Central Eurasian Economic Area
2. Eurasian Economic Union (EEU)
3. Eurasian Economic Community (EurAsEC)
4. Agreement on trade and economic cooperation between the Kyrgyz Republic and Pakistan
5. Free Trade Agreements (FTA) with Armenia, Kazakhstan, Moldova, the Russian Federation, Ukraine, and Uzbekistan
6. Commonwealth of Independent States (CIS)
7. Economic Cooperation Organisation (ECO)
8. Shanghai Cooperation Organisation (SCO)
9. Cooperation Council of Turkic Speaking States (Түрк кеңеш)
10. Central Asia Regional Economic Cooperation (CAREC) Programme
11. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
12. Iran-Pakistan-Turkey Transit Transport Framework Agreement (TTFA)
13. Most-favoured-nation treatment regime

The objectives of the Subject “Foreign Trade and Business in the Kyrgyz Republic” are the following:

1. To analyse the Kyrgyz economy and foreign trade
2. To know the business opportunities in the Kyrgyz Republic
3. To explore the Kyrgyz trade relations with the country of the student
4. To know the Kyrgyz Trade Agreements
5. To examine the profile of Kyrgyz companies
6. To develop a business plan for the Kyrgyz market

Example of the Subject - Doing Business in Kyrgyzstan:

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Description of the Subject: Doing Business in Kyrgyzstan.

The Kyrgyz Republic: The Central Asian Trade Oasis.

1. Kyrgyzstan has a strategic position (trans-shipment, the Silk Way) between Europe and Asia
2. Kyrgyz Population: 5.6 million people
3. Literacy rate: 98%.
4. Capital of Kyrgyzstan: Bishkek
5. Official language of Kyrgyzstan: Kyrgyz language (based on the Cyrillic alphabet)
6. Russian is also spoken in the Kyrgyz Republic
7. Kyrgyz Area: 199,951 square kilometres
8. Borders of the Kyrgyz Republic: China, Kazakhstan, Tajikistan, and Uzbekistan
9. Kyrgyz independence: 1991 (from the Soviet Union)

Kyrgyzstan belongs to the Central Eurasian Economic Area (Islamic Civilisation).

1. The Kyrgyz Republic belongs to Sunni-Turkic cultural area of the Islamic Civilisation

Main religion in Kyrgyzstan:

1. Islam (80% of the Kyrgyz population)
2. Orthodox: 20%.

Economy of the Kyrgyz Republic.

1. Kyrgyzstan has a huge natural resources reserves and fresh water
2. Top sectors of the Kyrgyz economy are hydro-power, mining, agriculture, tourism, food processing industry, and building materials
3. The main Kyrgyz mineral resources are gold, tungsten, aluminium, and coal
4. Kyrgyz food processing industry (10,000 companies): sugar, fruits, milk, and cereals
5. Kyrgyz exports: precious metals, electricity, agricultural products, industrial goods, food processing products, and textile
6. Kyrgyzstan has a liberal trade regime
7. FDI growth in Kyrgyzstan: 27%.
8. Strong economic cooperation with Pakistan
9. Five Free Economic Zones in Bishkek (2), Naryn, Karakol, and Maimak
10. Jalalabad oblast: significant industry, mineral resources, agriculture, and tourism
11. Access to the Eurasian Land Transport Initiative

Economic Organisations. Kyrgyzstan is a member of:

1. Organisation of Islamic Cooperation (OIC)
2. Islamic Development Bank
3. United Nations Organisation (UN)
4. World Trade Organisation (WTO)
5. Organisation for security and cooperation in Europe (OSCE)
6. Economic and Social Commission for Asia and the Pacific (ESCAP)
7. Organisation for Cooperation between Railways (OSJD)
8. Customs Convention on Containers (CCC)
9. Asian Development Bank (ADB)
10. Asia Cooperation Dialogue (ACD)
11. Member of the Central Asia-South Asia Regional Electricity Market (CASAREM) with Afghanistan, Kyrgyzstan, Pakistan, and Tajikistan
12. United Nations (UN)
13. World Bank (WB)
14. World Trade Organisation (WTO)
15. International Monetary Fund (IMF)

❮ Samples - Business in Kyrgyzstan ❯

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