An overview on economic progress of Kyrgyzstan

DM Monitoring

Bishkek: Kyrgyzstan began issuing labeling codes to exporters of footwear products to Russia.
According to data of the State Tax Service of the Kyrgyz Republic, this procedure is carried out jointly with Alfa Telecom CJSC, which is the operator of the national labeling system in the Kyrgyz Republic and ensures interaction with the national operators of the Eurasian Economic Union (EAEU) member states.
Kyrgyzstan became one of the first countries in the EAEU to ensure the issuance of shoe labeling codes to its exporters. For this purpose, a set of measures was carried out for the technical integration of marking systems, as well as explanatory work among the domestic business community.
The issued codes are generated by the Russian labeling system and passed on to Kyrgyz exporters through the domestic operator of the national product labeling system. Joint venture with the Turks. This week, Ambassador of Kyrgyzstan to Turkey Kubanychbek Omuraliev met with deputy of the Turkish Grand National Assembly, a member of the Kyrgyzstan-Turkey parliamentary friendship group Nihat Yeshil.
At the meeting, the sides discussed issues of inter-parliamentary ties, cooperation in the cultural and trade-economic spheres, attracting investments and the creation of joint commercial and industrial enterprises in Kyrgyzstan.
Invitation to Koreans. Ambassador of Kyrgyzstan to the Republic of Korea Dinara Kemelova met with President and Chairman of the ULP logistics company Joon Baek Seok and Jo Jae Yik.
During the meeting, the sides discussed issues of current trade, economic and investment cooperation between Kyrgyzstan and Korea.
The ambassador suggested investing in the tourist infrastructure in the regions, the construction of trade and logistics centers, as well as the creation of joint ventures for the processing of agricultural organic products.
In turn, the president of ULP noted that the company has extensive experience in the field of logistics and providing travel services. He noted that in 2020 the company completed the construction of an ethnic town in Issyk-Kul Oblast and assured that he intends to visit Kyrgyzstan in the near future.
Who is more? It became known this week that in 2019 the employment rate for men was by 72% higher than that for women (43%).
According to data of National Statistics Committee of Kyrgyzstan, the excess of the employment rate of men in terms of employment was noted in all age groups, but the most significant – in the age groups of 20-34 years.