In the total volume of foreign direct investments during the specified period, which reached $885 million 18.8 thousand, Italy's share was approximately 0.23%.
The Supreme Council of the Kyrgyz Republic, specifically the Committee on Finance, Budget, Entrepreneurship, and Competition Development, reviewed and approved the draft law "On the Ratification of the Agreement between the Kyrgyz Republic and the Italian Republic on the Promotion and Protection of Investments," signed on May 30, 2025, in Astana, at the first reading.
According to the information provided in the justification for the draft law, this agreement aims to strengthen economic ties and create safer conditions for investors from both countries. It is of a framework nature, establishing general guarantees and rules, rather than addressing specific projects.
It should be noted that the text of the agreement was preliminarily agreed upon by the relevant committees of the Jogorku Kenesh in 2024 and received approval from the Cabinet of Ministers. The document particularly emphasizes that ratification will not require additional expenditures from the country's budget and will not lead to negative consequences in social, environmental, legal, or other areas. It is also stated that changes to existing regulations will not be necessary.
