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. Doing 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 and Logistics
   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 educational aims of the Subject “Foreign Trade, Logistics and Business in the Kyrgyz Republic” are:

1. To analyze the Kyrgyz Economy, Logistics and Foreign Trade
2. To conduct research on business opportunities in the Kyrgyz Republic
3. To explore the Kyrgyz trade relations with the student's country
4. To learn about 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, Logistics and Business in Kyrgyzstan” is included within the curriculum of the following academic programs at EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Masters adapted to Kyrgyz Students.

Languages: ( Kyrgyzstán Kirghizistan).

1. Subject Credits “Doing Business in Kyrgyzstan”: 1

Economic Corridors related to Kyrgyzstan

1. Almaty-Bishkek Logistics Corridor
2. Kyrgyzstan-Iran Logistics Corridor
3. Silk Road
4. North-South Corridor (India-Russia)
5. Europe-Caucasus-Asia Logistics Corridor
6. Trans-Caspian Logistics Corridor
7. China-Central-West Asia Logistics 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. World Trade Organization (WTO)
   1. Agreement on Trade in Services (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. World Customs Organization (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. International Road Transport Union (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. Organization of Islamic Cooperation (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. Economic Commission for Asia (ESCAP)
2. Asian Development Bank
3. Asia Cooperation Dialogue
4. Africa-Asia Partnership

1. United Nations
2. World Trade Organization (WTO)
3. Organization for Security and Cooperation in Europe (OSCE)
4. United Nations
5. World Bank
6. World Trade Organization (WTO)
7. International Monetary Fund

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 Islamic Civilization

Religions and Global Business - Religious diversity

Main religion in Kyrgyzstan:

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

Economy of the Kyrgyz Republic.

1. Kyrgyz food processing industry (10,000 enterprises): sugar, fruits, milk, and cereals
2. Kyrgyz exports: precious metals, electricity, agricultural products, industrial goods, food processing products, and textile
3. Kyrgyzstan has a liberal trade regime
4. Five Free Economic Zones in Bishkek (2), Naryn, Karakol, and Maimak
5. Jalalabad oblast: significant industry, mineral resources, agriculture, and tourism
6. Access to the Eurasian Land Transport Initiative

International Trade and Business in Kyrgyzstan: