Arbitration as the Method of Settlement of Investment Disputes against the Kyrgyz Republic
AKIpress Analytics section, March 19, 2013

The Kyrgyz Republic has already participated in several arbitration proceedings. Therefore, it might be reasonable to analyze peculiarities of legal regulation of arbitration in the KR, the causes and consequences of arbitration disputes and make relevant conclusions…

What risks foreign investors should take into account while investing into the Kyrgyz mining sector,
The Times of Central Asia, March 1, 2012.

Overview of Anti-Corruption Laws in Kyrgyz Republic,
Comparative Summary of Anti-Corruption Laws in the CIS Economic Region, 2011,
The CIS Leading Council Network.

What a foreigner should know about tax regime in the Kyrgyz Republic?
The Times of Central Asia, publication expected.

Kyrgyzstan is not an offshore zone and does not provide tax exemptions, but the rates of many of them are not very high.

Managing Partner - Aicholpon Alieva (Jorupbekova)

Aicholpon Alieva (Jorupbekova)
Managing Partner

Kyrgyz, Russian, English

Aicholpon Alieva (Jorupbekova) is a managing partner and head of the Exploration & Mining Practice at Kalikova & Associates. Aicholpon has more than fifteen years of experience in advising foreign investors, research institutions, leading national companies, foreign diplomatic missions and international organizations on a wide range of legal issues related to foreign investments, mining, project finance and M&A. Aicholpon has been involved in the largest investment projects in the mining sector representing clients during negotiations with the Government of the Kyrgyz Republic, state owned enterprising, mining regulators and national JV partners. Aside from transactional work, Aicholpon is actively involved in law drafting process representing business’ interests in various interministerial working groups, commissions, and councils aimed at reforming the mining, investment and business related legal acts of the Kyrgyz Republic.

From 2008 to present gives lectures on natural resources law at the American University of Central Asia.

From the opening of the UK Embassy in Bishkek in 2013 Aicholpon has been appointed and acts as an Honorary Counselor to the Ambassador of the Great Britain in the Kyrgyz Republic.

Professional Background

Kalikova & Associates (since 2005);
General Counsel, Manas Resources Ltd (2013-2016);
Trainee-Lawyer, Greenberg Traurig LLP, USA (2004-2005);
Lawyer, Helvetas (2002-2003).


Washington College of Law, American University, Washington, D.C., USA, LL. M. (2005);
American University in Central Asia, Bishkek, Kyrgyz Republic, B.A, Law, (2002).

John Smith Fellow (2011);
The Fortune Global Women’s Mentoring Program Fellow (2010);
E. Muskie Graduate Program Fellow (2004-2005).

Professional Activities and Affiliations

Chairwomen of the International Business Council’s Committee on Mineral Resources;

Member of the Mineral Rights Licensing Commission under the State Committee of Industry, Energy and Mineral Resources.



Igemberdieva Street 1A, Bishkek
720020, Kyrgyz Republic

Tel: +996 312 66-60-60;
+996 312 66-63-63;
+996 312 97-68-43;
+996 772 66 60 60;


Fax: (+996 312) 66-27-88

        Location map

© 2006-2014. Kalikova & Associates. All rights reserved. Disclaimer