EENI Global Business School

Business in the Kyrgyz Republic. Kyrgyz Economy. Bishkek

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Syllabus of the Subject

Kyrgyz Republic (International Trade): Central Asian Trade Oasis. Silk Road. Jalalabad oblast

  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 identify business opportunities in the Kyrgyz Republic
  3. To explore the Kyrgyz trade relations with the student's country
  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

Continuing education (International Trade & Business)

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.

Masters in International Business and Foreign Trade (MIB)

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters adapted to Kyrgyzstan Master Doctorate International Business Kyrgyz Students.

Languages: Masters, Doctorate, International Business, English (Study Master Doctorate in International Business in Spanish Kyrgyzstán Study Doctorate in International Business in French Kirghizistan).

  1. Credits of the subject “Doing Business in Kyrgyzstan”: 1 ECTS Credits
  2. Duration: one week

Foreign Trade and Business in Central Eurasia

The Kyrgyz Republic: The Central Asian Trade Oasis.

Eurasian Land Transport Initiative (Silk Road, China-Europe)

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

Kyrgyzstan-Tajikistan-Afghanistan-Iran Transport 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

Trade Facilitation Programs. TFA Agreement

  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

Asian Economic Institutions

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

Globalization and International Organizations

  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

Islam and Global Business. Islamic Economic Areas

Orthodox Christianity, Ethics and Global Business

Main religion in Kyrgyzstan:

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

Invest in Kyrgyzstan

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

International Trade and Business in Kyrgyzstan:
International Trade and Business in Kyrgyzstan

Almaty-Bishkek Economic Corridor: Afghanistan, Azerbaijan, China...

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