Sputnik: The Trump Cards for Attracting Investors the Kyrgyz Republic does not use

25/12/2020 19:40

© Sputnik / Tabyldy Kadyrbekov

According to Belyaninov, investors should see the benefits of working with Kyrgyzstan, and among other things, an institution of State guarantees should be developed.

BISHKEK, December 25 - Sputnik. Kyrgyzstan has great potential for attracting serious investments. Its implementation requires a changer in economic policy, stated Secretary General of the Eurasian Peoples’ Assembly, Doctor of Economic and Political Sciences Andrei Belyaninov. He spoke at the video bridge Moscow - Bishkek - Minsk - Nur-Sultan “Eurasia Facing the Challenges of 2021”. The event was broadcast on Sputnik Kyrgyzstan's Facebook page and on the agency's website.

According to Belyaninov, investors are wary of Kyrgyzstan; they are scared off by the lack of a State guarantee.

"We know that political stability does not contribute to the influx of investors. The economy of the Kyrgyz Republic depends on grants; it does not have an institution of State guarantees. Although the country is good for investment! It’s not only about a natural resources - the very geographical position of Kyrgyzstan is unique. We need to deal with the airport, do serious civil projects based on the existing infrastructure, create hubs", - Belyaninov said. The economy of the Kyrgyz

He noted that investors should see the benefits of working with Kyrgyzstan.