Free economic zones

The Kyrgyz Republic has numerous schemes to promote and facilitate exports, including free economic zones. Free economic zones offer special customs privileges to exporting and importing companies. Companies operating in these zones can import, store, produce, or sell goods within the zones without paying taxes or customs duties. Furthermore, legal entities can sell goods from free economic zones to the local Kyrgyz market if their goods have undergone significant processing within the zones. A total of five such zones have been established with neighboring countries.

The government of the Kyrgyz Republic has taken several steps to simplify and streamline trade procedures. Notably, it has initiated a “single window” for exporters and launched a “paperless trade” project.

The Kyrgyz Republic is implementing policies aimed at enhancing trade, specifically the development of free, market-based private sector growth. This is confirmed by multilateral trade agreements under the auspices of the WTO, as well as regional and bilateral trade agreements.

After joining the Eurasian Economic Union (EAEU), the Kyrgyz Republic aimed to strengthen economic and trade ties with Kazakhstan, the Russian Federation, Belarus, and Armenia in order to improve cooperation with these countries on issues such as international transport routes, the creation of a common energy sector, energy transportation, joint investments, and labor migration issues.