At the request of Western partners, Kyrgyzstan is currently undertaking the liquidation of 50 legal entities that, in their assessment, may have been involved in transactions presenting elevated sanctions-related risks. Bakyt Sydykov, Special Representative of the President for Sanctions Policy and Minister of Economy and Commerce, stated.
The sanctions imposed against Russia and some Kyrgyz companies will not have a large-scale negative impact on the domestic economy. Minister of Economy and Commerce, Bakyt Sydykov, shared this opinion with 24.kg news agency.
About 40 companies that may pose elevated sanctions risks have been identified in Kyrgyzstan.
A working meeting on sanctions policy, improvement of compliance and internal control mechanisms, as well as further strengthening of measures to minimize sanctions risks for the Kyrgyz Republic was held under the chairmanship of Bakyt Sydykov, Special Representative of the President of the Kyrgyz Republic for Special Assignments (on sanctions policy and sanctions risk mitigation). The Presidential Administration reported.
The work of industrial parks and industrial zones was discussed at the Presidential Administration of Kyrgyzstan. The meeting was chaired by Bakyt Torobayev, Special Representative of Sadyr Japarov for Special Assignments.
Talantbek Imanov has been appointed head of Tamchy Special Financial and Investment Territory (SFIT) Management Company. It was announced on July 3 during the project’s official launch.
Kyrgyz athletes representing the country’s motorsport community showed an outstanding performance at the Can-Am Rally Kazakhstan 2026. The Federation of Auto and Motorcycle Sports and Road Safety of the Kyrgyz Republic reported.
Kyrgyz Pochtasy has issued a commemorative postage stamp to mark the 20th anniversary of the Eurasian Development Bank (EDB). The first stamp was ceremonially canceled on June 26 during the bank’s annual meeting and business forum in Almaty.
Kyrgyzstan and Cyprus have signed a double taxation avoidance agreement, which aims to simplify business operations between the two countries and create additional conditions for attracting foreign investment. The press service of the Ministry of Economy and Commerce of the Kyrgyz Republic reported.
The press service of the Ministry of Economy and Commerce reported that Kyrgyzstan’s initiative to create a textile cluster has been supported by SCO countries.
At the annual general meeting of shareholders of Airports of Kyrgyzstan OJSC, several decisions were made regarding the formation of the company’s governing bodies. The company’s press service reported.
The Bishkek City Hall invites residents and guests of the capital to an open-air music evening that will take place on May 17 at 6.30 p.m. at the fountains on Ala-Too Square.
Kyrgyzstan has begun negotiations with several countries to expand its fuel and lubricant supplies. Authorities explain this move by the need to diversify fuel imports amid the unstable global energy market.