Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.
The Kyrgyz Republic currently has bilateral investment treaties with the United States, Armenia, Azerbaijan, Belarus, China, Finland, France, Georgia, Germany, Hungary, India, Indonesia, Iran, Kazakhstan, the Republic of Korea, Lithuania, Malaysia, Moldova, Mongolia, Pakistan, Sweden, Switzerland, Tajikistan, Turkey, United Kingdom, Ukraine, and Uzbekistan.
The U.S.-Kyrgyz Republic Bilateral Investment Treaty entered into force in 1994. Since 1993, the Kyrgyz Republic has been a beneficiary of the U.S. Generalized System of Preferences (GSP) program, enabling the country to export approximately 3,500 products duty-free to the United States. These include most manufactured items; inputs used in manufacturing; jewelry; many types of carpets; certain agricultural and fishery products; and many types of chemicals, minerals and marble.
In June 2004, the Kyrgyz Republic signed a Trade and Investment Framework Agreement (TIFA) with the United States, Kazakhstan, Tajikistan, Turkmenistan, and Uzbekistan. The objective of the TIFA is to provide a forum for addressing trade issues and enhancing trade and investment between the United States and Central Asia. The TIFA also provides a platform to address regional trade issues that hamper intra-regional trade, economic development and investment. The TIFA created a United States-Central Asia Council on Trade and Investment, which is designed to consider a wide range of issues that include, but are not limited to, intellectual property, labor rights, environmental issues and enhancing the participation of small- and medium-sized enterprises in trade and investment. The Department of Commerce’s Commercial Law Development Program (CLDP) leads U.S.-Central Asia TIFA Working Groups on several topics including Digital Trade, Customs, and Women’s Economic Empowerment, with the goal of liberalizing trade, promoting investment, and improving the legal environment for business throughout Central Asia.
In August 2015, the Kyrgyz Republic fully acceded to the EAEU, which includes Russia, Belarus, Kazakhstan, and Armenia, and has a 180 million person population market. Though regulations are still being harmonized, free movement of labor, capital, and goods forms the basis of the EAEU.
The U.S.-U.S.S.R. treaty on double taxation, which was signed in 1973, remains in effect between the U.S. and the Kyrgyz Republic. The Kyrgyz Republic has also signed double taxation treaties with Armenia, Austria, Belarus, Canada, China, Finland, Germany, India, Iran, Kazakhstan, Lithuania, Malaysia, Moldova, Mongolia, Pakistan, Poland, Russia, Switzerland, Tajikistan, Turkey, Ukraine, and Uzbekistan.