Business in the Kyrgyz Republic. Kyrgyz Economy. Bishkek

1. Introduction to the Kyrgyz Republic (Kyrgyzstan)
2. Kyrgyz Economy
   1. Economic Profile of the Kyrgyzstan regions
   2. Kyrgyz Banking System
3. Business in Bishkek
4. Foreign Trade of the Kyrgyz Republic. Custom regulations
5. Investment 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

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 trade 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 “Doing Business in Kyrgyzstan”: 1
2. Duration: one week

Economic Corridors related to Kyrgyzstan

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-Istanbul Corridor
   2. India-Chabahar (Iran)-Afghanistan Economic Corridor
   3. China-Pakistan Economic Corridor

Kyrgyz Preferential Access and Trade Agreements:

1. Kyrgyzstan and the Central Eurasian Economic Area
2. Eurasian Economic Union
   1. Eurasian Economic Union (EAEU)-Vietnam Agreement
3. Commonwealth of Independent States
4. Economic Cooperation Organization (ECO)
5. Shanghai Cooperation Organization
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 Agreement
10. Kyrgyzstan-Armenia Agreement
11. Kyrgyzstan-Kazakhstan Agreement
12. Kyrgyzstan-Moldova Agreement
13. Kyrgyzstan-Ukraine Agreement
14. Kyrgyzstan-Uzbekistan Agreement
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. Organization for Cooperation between Railways (OSJD)
5. BIC (Containers)
6. Chicago Convention (ICAO)
7. International Maritime Organization
   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
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
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

Global Trade and Business in Kyrgyzstan:

(c) EENI Global Business School (1995-2024)
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