Kyrgyzstan Business
• Main exports: Cotton, wool, meat, tobacco, gold, mercury, uranium, hydropower, machinery and shoes.
• Main imports: Oil and gas, machinery and equipment, chemicals and food.
• Main trade partners: Russia, China, Kazakhstan, Uzbekistan and Switzerland.
Economy
Kyrgyzstan became part of the heavily indebted poor countries initiative (HIPC) in 2006. Although the country's economy grew by 6% in 2007-08 there is likely to be a drop in 2009 due to the financial crisis.
Business Etiquette
In order to invest in Kyrgyzstan, foreigners must be registered with the Ministry of Economy and Finance. Applications to set up in Kyrgyzstan should be sent in the first instance to the State Committee on Foreign Investments and Economic Assistance (Goskominvest). The government is particularly interested in encouraging investment in mining, industry (including electronics, light agricultural machinery and pharmaceuticals), petroleum, hydroelectricity and agriculture.
Office hours: Mon-Fri 0900-1800, Sat 0900-1300 (Mar-Oct).
Government office hours: Mon-Fri 0900-1700, Sat 0900-1300 (Nov-Feb).
Business Contacts
Room 210, ul Erkindik 58A, 720040 Bishkek, Kyrgyzstan
Tel: (312) 223 292.
Ministry of Finance
Prospekt Erkindik 58, 720040 Bishkek, Kyrgyzstan
Tel: (312) 228 922.
Kyrgyz Chamber of Commerce and Industry, Foreign Affairs Department
Kievskaya 107, 720001 Bishkek, Kyrgyzstan
Tel: (312) 210 565.
Website: www.ihk-kg.de
US Department of Commerce International Trade Administration
USA Trade Centre, 1401 Constitution Avenue, Washington, DC 20230, USA
Tel (202) 482 4655.
Website: www.ita.doc.gov
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