Kyrgyzstan is considering the introduction of the English legal system, stated the President of the country, Sadyr Japarov, at the People's Kurultai (People's Assembly), Interfax reports.
"We are considering the aspect of introducing English law. This is a necessary step if we want to enter the international investment market," he said.
According to him, in the future, it is essential to create opportunities to attract investments through the stock market for financing national projects and development projects such as hydroelectric power stations and industrial facilities.
"Citizens and external investors have the opportunity to invest in the construction of large projects. For significant investments, fair courts are necessary first and foremost," noted Japarov.
He called for a friendly attitude towards investors. "We should not view them as enemies trying to take over the country or our land," the president said. "The goal of every investor is to make a profit. Each investor, in doing their job, also contributes to a common beneficial result for society. Each of us should provide as much support to investors as possible. If enterprises are built, jobs will be created for the local population, contributing to improving people's lives."
He also emphasized that Kyrgyzstan is engaged in an uncompromising struggle against organized criminal groups and promised that the "relentless fight against corruption will continue and intensify."
According to him, due to corruption, Kyrgyzstan did not develop for almost 30 years, only a few individuals became wealthy, and the common people lived in poverty. "Currently, anti-corruption measures are in full swing. Billions of dollars are returning to the state treasury," stated Japarov.
He noted that the absence of organized crime is an important indicator of a civilized state. "No investor will invest money in a country with criminal elements. Moreover, some officials still obstruct the work of investors, engage in bribery, and lobbying. All these phenomena harm the country's image," emphasized Japarov.
The People's Kurultai began its work in Bishkek, with more than 600 delegates from across the country, elected based on their place of residence, as well as representatives of national diasporas and labor migrants outside the country. Deputies of the Kyrgyzstan parliament and members of the government also participate in the Kurultai's work.
CentralasianLIGHT.org
December 15, 2023