Investment Council Shifts to a New Operational Framework

Friday, 19 January 2024 10:12
During the recent session, Akylbek Usenbekovich Japarov, the Chairman of the Investment Council and the Prime Minister of the Kyrgyz Republic, emphasized that in 2024, the Investment Council should shift to a new working basis. Meetings should not only address issues related to legal acts but also encompass significant investment projects, subject to review and approval during sessions. In the first 100 days of 2024, the government will undertake initiatives aimed at attracting investments.
Members of the Investment Council were encouraged to actively participate in the preparation and execution of upcoming international investment events scheduled for the spring and summer of 2024.
Additionally, Akylbek Japarov highlighted the government's efforts to repeal laws that impede investment attraction into the country. In this regard, the Chairman of the Investment Council instructed Council members (business association leaders) to submit proposals to the Council's Secretariat by February 1, 2024, suggesting the annulment of legislative norms hindering investment attraction and protection.
Furthermore, the concept of the draft law of the Kyrgyz Republic "On Investments in the Kyrgyz Republic," prepared by the National Agency for Investments under the President of the Kyrgyz Republic, was approved.