Business in the Kyrgyz Republic

The objectives of the subject “International Trade and Business in the Kyrgyz Republic” are the following:

1. To analyze 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.

The Subject “Foreign Trade and Business in Kyrgyzstan” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: Islamic Business, World Trade.

Languages: ( Kyrgyzstán Kirghizistan).

1. Credits of the subject “Foreign Trade and Business in Kyrgyzstan”: 1 ;
2. Duration: one week.

1. Almaty-Bishkek Corridor;
2. Kyrgyzstan-Iran Corridor;
3. Silk Road;
4. North-South Corridor (India-Russia);
5. Europe-Caucasus-Asia Corridor;
6. Trans-Caspian Corridor;
7. China-Central-West Asia Corridor;
8. Access to the:
   1. Islamabad-Tehran-Istanbul Rail and Road Corridor (ITI-ECO);
   2. India-Chabahar (Iran)-Afghanistan Economic Corridor;
   3. China-Pakistan Economic Corridor;

Kyrgyz Preferential Access and Free Trade Agreements:

1. Kyrgyzstan and the Central Eurasian Economic Area;
2. Eurasian Economic Union (EAEU)
   1. Eurasian Economic Union (EAEU)-Vietnam FTA.
3. CIS;
4. ECO;
5. SCO;
6. Turkic Speaking State (Түрк кеңеш);
7. Central Asia Cooperation (CAREC);
8. Agreement on trade and economic cooperation between the Kyrgyz Republic and Pakistan;
9. Kyrgyzstan-Russian Federation FTA;
10. Kyrgyzstan-Armenia FTA;
11. Kyrgyzstan-Kazakhstan FTA;
12. Kyrgyzstan-Moldova FTA;
13. Kyrgyzstan-Ukraine FTA;
14. Kyrgyzstan-Uzbekistan FTA;
15. Trade Preferential System (OIC);
16. Most-favoured-nation treatment regime.

1. WTO
   1. GATS;
   2. Agreement on the Application of Sanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Preferential System (TPS-OIC).
2. WCO
   1. Kyoto Convention.
3. Convention Harmonization of Frontier Controls of Goods;
4. OSJD;
5. BIC;
6. Chicago Convention (ICAO);
7. IMO
   1. Customs Convention on Containers;
   2. Istanbul Convention - not a member.
8. IRU
   1. TIR Convention;
   2. Guidelines on Safe Load Securing for Road Transport.
9. Iran-Pakistan-Turkey Transit Transport Framework Agreement (TTFA).

Islamic Organizations. Kyrgyzstan is a member of:

1. OIC
   1. Committee for Economic Cooperation;
   2. Islamic Chamber of Commerce;
   3. Islamic Centre for Development of Trade;
   4. Economic Centre for Islamic Countries.
2. Islamic Development Bank;
3. Arab Development Funds;
4. Asia-Middle East Dialogue;
5. Member of the Central Asia-South Asia Regional Electricity Market (CASAREM) with Afghanistan, Kyrgyzstan, Pakistan, and Tajikistan.

1. ESCAP;
2. Asian Development Bank;
3. Asia Cooperation Dialogue;
4. Africa-Asia Strategic Partnership.

1. UN
   1. UNCTAD;
   2. ITC;
   3. WIPO.
2. WTO;
3. OSCE;
4. UN;
5. WB;
6. WTO;
7. IMF.

Kyrgyzstan was a member of the Eurasian Economic Community (EurAsEC) - Succeeded by the Eurasian Economic Union (EAEU).

The Kyrgyz Republic

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 km²;
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 Civilization).

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

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, aluminum, 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.

(c) EENI Global Business School (1995-2023)
We do not use cookies
Top of this page