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.

21 December 2016

This document is intended for K&A clients and partners
This document does not constitute legal advice

On December 11, 2016 the Kyrgyz Republic (the "KR") held a referendum (nationwide popular vote) concerning amendments to the Constitution of the KR of June 27, 2010 (the "Constitution"). According to data of the Central Election Committee of the KR, the referendum was attended by 1,200,438 voters, which accounts for 42.09% of all electors, 79.6% of which voted "FOR" the amendments to the Constitution.

The amendments to the Constitution will take effect 15 days after the date of official publication of the Law of the KR "On Amendments to the Constitution of the Kyrgyz Republic", except for Articles 70, 72, 75, 81 and 87 of the Constitution, which will take effect on December 1, 2017. As of the date of this Information Letter, the Law of the KR "On Amendments to the Constitution of the Kyrgyz Republic" has not been published.

The Information Letter contains some of the amendments to the Constitution, which, in our view, may, to some extent, have an impact on business environment in the KR. There is a list of other amendments to the Constitution regarding the highest values, marriage, citizenship, powers of the Jogorku Kenesh, the President, formation and dismissal of parliamentary factions and other issues.

The Information Letter is available online in the link below.

08 December 2016

As part of continuing effort to keep the clients updated on policy and legislative changes impacting their business Kalikova & Associates team has prepared a brief information letter on registration of foreign nationals in the Kyrgyz Republic.

07 October 2016

Magomed Saaduev and Meerim Talantbek kyzy, Kalikova & Associates lawyers, participated in the meeting of IFC partners held on October 3-4, 2016 in Dushanbe, Tajikistan. The meeting was organized within the framework of the Corporate Governance Project in Central Asia, in which Kalikova & Associates is involved.

The meeting was devoted to the discussion of the future development plans for corporate governance and the progress achieved in this regard.

29 September 2016

Kalikova & Associates’ Senior Lawyer Aleksei Vandaev participated in the intellectual property protection conference held in Moscow, Russia, on September 23, 2016.

The conference addressed the critical issues in intellectual property protection focusing on the pharmaceutical industry, trademark and patent case studies, and new legislative developments.

02 August 2016

On July 27, 2016, IBC held a roundtable on Business challenges in the leading sectors of economy and ways to solve them. The roundtable was attended by parlament members, government officials, representatives of international organizations, embassies and business associations. The participants discussed issues related to the financial sector, telecommunications and subsoil.

Kalikova & Associates on behalf of subsoil users and IBC members presented the most problematic issues of the mining industry, as well as the ways to solve them.

As a result of the roundtable joint recommendations were adopted to improve the business environment in Kyrgyzstan.

30 June 2016

On June 24, 2016, Kalikova & Associates Partner Marina Lim took part in a roundtable on Electronic and Digital Financial Services Potential in the KR, hosted by the International Finance Corporation as part of the Azerbaijan-Central Asia Electronic Project and Digital Financial Services and Financial Markets Infrastructure Project. The roundtable discussion focused on results from the survey on market potential for digital financial services and ways to develop financial market infrastructure.

The event was attended by the representatives from the World Bank resident mission, National Bank, Union of Banks, major mobile operators and business community of the Kyrgyz Republic.

23 June 2016

Kalikova & Associates Managing Partner Ulan Tilenbaev took part in the International Bar Association (IBA) Europe-Caucasus-Asia (ECA) forum, which was held in Kiev and Lviv from June 15 to 19, 2016. The event was hosted by the Ukrainian law firms Arzinger and Sayenko Kharenko.

The ECA Forum is an international event, which is being held since 2006 on an annual basis. This year the forum was sponsored by the International Bar Association (IBA) for the first time. The proposed agenda of the ECA Forum included the development of the legal profession and the legal market in general, law firm management and the role of women in the legal profession. Among other questions discussed at the forum were the development of new industries and their influence on the legal market. The ECA Forum brings together partners of leading law firms practicing in the CIS countries, senior partners and representatives of international law firms, heads of legal departments of transnational corporations.

Ulan Tilenbaev took part in a panel discussion: Law firm management: talents engagement and motivation – new generation, new challenges, leadership in law firms, knowledge management. During the discussion, Ulan shared Kalikova & Associates’ experience in building effective peer relationships among employees from different generations, organizing internal knowledge management, establishing a link between incentive and loyalty programs and business development strategy, etc.

15 June 2016

Kalikova & Associates representatives, Gulnara Kalikova and Azima Bokoshova, participated in the expert meeting on “The role of the public and private partnership (PPP) in achieving the Sustainable Development Goals (SGPs)” held on June 13 in Bishkek. The meeting was organized by International Business Council and United Nations Development Programme.

The participants of the event discussed the PPP’s role in achieving the SDGs and potential projects proposed by the public and private partners. The expert meeting also covered the practical issues, such as attracting financing from the Kyrgyz banks, procedure of initiation of a PPP project by private partner (unsolicited bid) and etc.

Kalikova & Associates Founding Partner, Gulnara Kalikova, delivered a presentation entitled “PPP Project: practical implementation within the current legal framework”.

01 June 2016

On May 26 and 27 the Lawyer of Kalikova & Associates, Ermek Mamaev participated in the seminar for legal practitioners, held in Bishkek by Ms. Elena Perepelinskaya, Partner and Head of International Arbitration Practice in the CIS countries in the international law firm INTEGRITES, Kiev, Ukraine. Elena is one the recognized experts in the field of international commercial arbitration, litigation and international trade.

The aim of the workshop was to familiarize the participants with the practical features of dispute resolution in international commercial arbitration, recognition and enforcement of international arbitral awards. Upon completion of the seminar, participants were awarded a certificate.

30 May 2016

Kalikova & Associates Senior Lawyer Jyldyz Tagaeva participated in the 7th session of the Regional Public-Private Dialogue (RPPD) Platform held on May 24-25 in Dushanbe, Tajikistan.

The event was organized by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) for public sector, mining/consulting services sector and NGO representatives from Kyrgyzstan, Kazakhstan, Tajikistan and Germany. The participants shared experience and news in extractive industries, in particular:

- the enabling legal environment for investment in the extractive industries;
- improving the legal environment for extractive industries;
- transparent and efficient agreements;
- environmental and social performance standards for permitted extractive industry operations.

In the framework of this discussion, Jyldyz Tagaeva reported on Kalikova & Associates’ input in the development of the medium and long-term mining strategy and reforming the legal environment for extractive industries in the Kyrgyz Republic.



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