Issue 1804 - 28.03.2025
28.03.2025

Kyrgyzstan develops sustainable tourism, opens new routes for birdwatching

Kyrgyzstan, with its unique natural wealth, occupies a leading position in the development of tourism among the countries of Central Asia.

According to the Ministry of Economy, one of the important areas of sustainable tourism is birdwatching, which not only attracts tourists, but also plays an important role in preserving biodiversity and environmental education of the population.

As part of the initiative to develop the Teskey Geopark, located on the southern shore of Issyk-Kul Lake, a presentation of eight specialized routes for birdwatching took place. This initiative is being implemented within the framework of the Green Economy and Sustainable Development of the Private Sector in Kyrgyzstan program, implemented by GIZ with financial support from BMZ, the EU and the Government of Switzerland.

In addition, the initiative provides support to three craft workshops uniting more than 50 women from the Jeti-Oguz and Ton districts. These workshops create souvenir toys inspired by the region's natural diversity and new tourist routes.

The launch of new birdwatching routes and the development of handicraft production help promote Kyrgyzstan as a destination for responsible ecotourism. This not only helps preserve the environment, but also has a positive impact on local communities, increasing their economic potential and sustainability.

Reported by Kabar (Kyrgyzstan).

Kyrgyzstan General

28.03.2025

Kyrgyzstan reminds Russia about freedom of labour movement in EAEU

Kyrgyzstan reminded Russia about the freedom of movement of labour in the EAEU, as stipulated by the union’s treaty. The topic was discussed at a meeting of the Ambassador Extraordinary and Plenipotentiary of Kyrgyzstan to Russia Kubanychbek Bokontaev with the Deputy Chairman of the State Duma of Russia Vladislav Davankov,...

Kyrgyzstan reminded Russia about the freedom of movement of labour in the EAEU, as stipulated by the union’s treaty. The topic was discussed at a meeting of the Ambassador Extraordinary and Plenipotentiary of Kyrgyzstan to Russia Kubanychbek Bokontaev with the Deputy Chairman of the State Duma of Russia Vladislav Davankov,...

28.03.2025

Ex-Cabinet Chairman Akylbek Zhaparov speaks at Boao Forum for Asia

Former Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Zhaparov attended the Boao Forum for Asia in China, CGTN reported.

Speaking at the event, the Ex-Cabinet Chairman emphasised the importance of trade, open borders, stable supplies, and justice for the well-being of the peoples of the Asian region and the...

Former Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Zhaparov attended the Boao Forum for Asia in China, CGTN reported.

Speaking at the event, the Ex-Cabinet Chairman emphasised the importance of trade, open borders, stable supplies, and justice for the well-being of the peoples of the Asian region and the...

Finance and Investment

28.03.2025

Kyrgyz Interbank trades close with growth of dollar exchange rate

Commercial banks bought $24m 500k at interbank currency trades on 26 March. The data are reflected in the daily statistics of trades.

Thus, the banks purchased $8 million 500 thousand with calculations as of the date of the transaction and another $16 million with calculations as of a date different from...

Commercial banks bought $24m 500k at interbank currency trades on 26 March. The data are reflected in the daily statistics of trades.

Thus, the banks purchased $8 million 500 thousand with calculations as of the date of the transaction and another $16 million with calculations as of a date different from...

28.03.2025

Kyrgyz banks allow to export dilapidated US dollar

The National Bank of Kyrgyzstan has extended the authorisation for the export of dilapidated cash US dollar and banknotes issued before 2006. According to the Resolution of the Board of 19 March 2024, commercial banks will be able to carry out such operation until 1 September 2025.

The removal will be...

The National Bank of Kyrgyzstan has extended the authorisation for the export of dilapidated cash US dollar and banknotes issued before 2006. According to the Resolution of the Board of 19 March 2024, commercial banks will be able to carry out such operation until 1 September 2025.

The removal will be...

28.03.2025

Eldik Bank allocates entire profit to dividends

At the Annual General Meeting of Shareholders it was decided to allocate all the profit received for dividend payments. According to the results of 2024, the bank recorded a record growth in net profit by 208%.

In 2024, the bank completed the rebranding process and implemented a number of initiatives: it...

At the Annual General Meeting of Shareholders it was decided to allocate all the profit received for dividend payments. According to the results of 2024, the bank recorded a record growth in net profit by 208%.

In 2024, the bank completed the rebranding process and implemented a number of initiatives: it...

Metals and Minerals

28.03.2025

Ounce of gold at National Bank falls in price by more than 1 thousand KGS

The repurchase price of an ounce of gold bullion bars of the National Bank of Kyrgyzstan for March 27 was set at KGS 263 thousand 218.5.

On Wednesday, an ounce of gold cost 264 thousand 281.5 KGS. Thus, an ounce has fallen in price by 1 thousand 63 KGS per day.

As...

The repurchase price of an ounce of gold bullion bars of the National Bank of Kyrgyzstan for March 27 was set at KGS 263 thousand 218.5.

On Wednesday, an ounce of gold cost 264 thousand 281.5 KGS. Thus, an ounce has fallen in price by 1 thousand 63 KGS per day.

As...

Energy Industry

28.03.2025

Current challenges in energy sector demand strategic solutions for EAEU gas market growth

On 26 March, the headquarters of the Eurasian Economic Commission (EEC) in Moscow hosted a meeting of the Scientific and Expert Council on Energy under the chairmanship of Arzybek Kozhoshev, Minister of Energy and Infrastructure.

The participants of the event representatives of relevant ministries, scientific and expert organisations discussed the prospects...

On 26 March, the headquarters of the Eurasian Economic Commission (EEC) in Moscow hosted a meeting of the Scientific and Expert Council on Energy under the chairmanship of Arzybek Kozhoshev, Minister of Energy and Infrastructure.

The participants of the event representatives of relevant ministries, scientific and expert organisations discussed the prospects...

28.03.2025

Kyrgyzstan plans to build 6 substations in 2025

In 2025, National Electric Grid of Kyrgyzstan plans to carry out work on the construction of 6 110 kV and 35 kV substations across the country at the company's own expense.

Thus, the company reported that it is planned:

Construction of the 2nd stage of the 110/10 kV Altyn-Kazyk substation in Bishkek;

Construction...

In 2025, National Electric Grid of Kyrgyzstan plans to carry out work on the construction of 6 110 kV and 35 kV substations across the country at the company's own expense.

Thus, the company reported that it is planned:

Construction of the 2nd stage of the 110/10 kV Altyn-Kazyk substation in Bishkek;

Construction...

Agriculture

28.03.2025

Illegally provided pastures return to Kyrgyz state

The Land and Water Supervision Service under the Ministry of Water Resources, Agriculture and Processing Industry of Kyrgyzstan revealed the illegal provision of a land plot in the form of a pasture of 6.17 hectares by Datka aiyl okmotu in Kara-Suu district of the Osh region.

In accordance with Paragraph 4...

The Land and Water Supervision Service under the Ministry of Water Resources, Agriculture and Processing Industry of Kyrgyzstan revealed the illegal provision of a land plot in the form of a pasture of 6.17 hectares by Datka aiyl okmotu in Kara-Suu district of the Osh region.

In accordance with Paragraph 4...

Manufacturing industry

28.03.2025

Kyrgyzstan participates in INNOPROM. Central Asia exhibition

Kyrgyzstan will participate in the international exhibition INNOPROM. Central Asia for the first time, the organiser’s website says.

At the end of April Tashkent will become a venue for an important industrial event the international exhibition INNOPROM. Central Asia.

Kyrgyzstan will present a national exposition, which will be presented by seven enterprises...

Kyrgyzstan will participate in the international exhibition INNOPROM. Central Asia for the first time, the organiser’s website says.

At the end of April Tashkent will become a venue for an important industrial event the international exhibition INNOPROM. Central Asia.

Kyrgyzstan will present a national exposition, which will be presented by seven enterprises...

Communications and Transportation

28.03.2025

Road transportation from Russia to Kyrgyzstan increases by 35% in 2024

In 2024, the number of transportation of goods by road from Russia to Kyrgyzstan increased by 35% compared to the previous year. Such statistics are cited by the Vedomosti newspaper.

This generally corresponds to the trend of growth in transport in all directions. However, Kyrgyzstan was among the countries where the...

In 2024, the number of transportation of goods by road from Russia to Kyrgyzstan increased by 35% compared to the previous year. Such statistics are cited by the Vedomosti newspaper.

This generally corresponds to the trend of growth in transport in all directions. However, Kyrgyzstan was among the countries where the...

Pharmaceutical and Healthcare News

28.03.2025

World Health Organisation provides laboratory equipment to improve diagnostics in Kyrgyzstan

The World Health Organisation in Kyrgyzstan has provided the Ministry of Health with the necessary laboratory equipment worth more than 8 million som to strengthen infectious disease surveillance and the country's laboratory capacity.

According to the organisation's press service, this contribution is aimed at strengthening Kyrgyzstan's ability to effectively identify, prevent...

The World Health Organisation in Kyrgyzstan has provided the Ministry of Health with the necessary laboratory equipment worth more than 8 million som to strengthen infectious disease surveillance and the country's laboratory capacity.

According to the organisation's press service, this contribution is aimed at strengthening Kyrgyzstan's ability to effectively identify, prevent...

Regional News

28.03.2025

Industrial optimism in Russia pushes from new bottom

In annual terms, industrial output did not actually grow in February (a formal increase of 0.2% versus an increase of 2.2% in January 2025), Rosstat reported. Mining decreased by 4.9%, energy by 3%, water supply and sanitation, waste disposal and pollution control by 1.8%. Only processing increased the output by...

In annual terms, industrial output did not actually grow in February (a formal increase of 0.2% versus an increase of 2.2% in January 2025), Rosstat reported. Mining decreased by 4.9%, energy by 3%, water supply and sanitation, waste disposal and pollution control by 1.8%. Only processing increased the output by...

28.03.2025

Russian market plunges down on signs of deteriorating investment climate

On Thursday, March 27, the Russian market showed a decline. Since the opening of the main session, the Moscow Exchange index has been losing about 1%, and by its close it was already about 2%. The arrest of the founder and main owner of RusAgro, the largest industry issuer, has...

On Thursday, March 27, the Russian market showed a decline. Since the opening of the main session, the Moscow Exchange index has been losing about 1%, and by its close it was already about 2%. The arrest of the founder and main owner of RusAgro, the largest industry issuer, has...

28.03.2025

Investments of non-residents in OFZs of Russia increase by 0.7% in February

The volume of investments of non-residents in OFZ in February 2025 increased by 6 billion rouble, or 0.7%, to 922 billion rouble, according to the website of the Central Bank of Russia.

The volume of the OFZ market in February increased by 690 billion rouble, or 3.0%, to 23 trillion 391...

The volume of investments of non-residents in OFZ in February 2025 increased by 6 billion rouble, or 0.7%, to 922 billion rouble, according to the website of the Central Bank of Russia.

The volume of the OFZ market in February increased by 690 billion rouble, or 3.0%, to 23 trillion 391...

28.03.2025

Russia makes decision on indexation of prices for fertilizers by end of May

The Russian authorities will make a decision by the end of May on the issue of indexation of prices for mineral fertilizers for the domestic market, Vitaly Korolev, Deputy head of the Federal Antimonopoly Service (FAS) of Russia, told reporters.

"Special conditions are currently in effect until May 31 of this...

The Russian authorities will make a decision by the end of May on the issue of indexation of prices for mineral fertilizers for the domestic market, Vitaly Korolev, Deputy head of the Federal Antimonopoly Service (FAS) of Russia, told reporters.

"Special conditions are currently in effect until May 31 of this...