Ministry of economy of the Kyrgyz Republic and Consortium for development of draft of medium and long-term Strategy for promoting mining industry of the Kyrgyz Republic organized discussion of taxation issues in mining

Discussion of taxation and investing issues in mining was held on January 29, 2013 in Hyatt Regency Bishkek hotel. The roundtable on distribution of benefits between miners and the state: taxation and other mandatory fee issues in mining» was organized for the purpose of developing recommendations in the area of mining taxation for optimization of tax system with the account of medium-term and long-term development perspectives of the Kyrgyz mining sector. The discussion was attended by the representatives of government authorities, tax experts and mining business communities.

The discussion resulted in recommendations for improvement of mining taxation which will be taken into account when developing the draft of the mid-term and long-term Strategy for promoting mining industry of the Kyrgyz Republic.

The roundtable was organized by the Ministry of Economy of the Kyrgyz Republic with support of the USAID REFORMA project and Consortium for development of draft of mid-term and long-term Strategy for promoting mining sector in the Kyrgyz Republic, of which Kalikova & Associates law firm is a member.