CROWD ELEVATOR

Kyrgyz Republic has its IP system since 1993 and the competent authority for it, is a State Service of IP and Innovation under the Government of the Kyrgyz Republic (Kyrgyzpatent). The country is a member of 70 multilateral international agreements in the area of IP, that are Paris and Berne Conventions, Madrid Agreement concerning the International Registration Marks, Patent Cooperation Treaty, TRIPS, Singapore Treaty on the Law of Trademark and others. After the collapse in 1991, production of textiles haven’t recovered fully. The need in huge investment in capital in this area and high competition of lower priced textiles from China did not allow the country to recover its textile industry after KR gained its independence and pursued a market economy. Thus, textiles and thread are now mainly supplied by importers, mainly from China. Despite the dying textile industry in Kyrgyzstan, the production of garment has been increasing for the past decade. While small portion of garme...

Globalization has always been a topic of hot debates. As from Kyrgyzstan’s perspective, I think that globalization here may have had a twofold effect. While the membership in World Trade Organization (WTO) has had some benefits, the dilemma for today is about the costs and benefits for Kyrgyzstan after its possible accession to the Customs Union (CU), consisting of Belarus, Kazakhstan and Russian Federation. It is the most recent trade policy change in the region of Central Asia. Whether joining the CU will be a further step for Kyrgyzstan to better integrate into the global economy or will derive from globalization creating protectionist regional economic block is a matter of time. Kyrgyzstan is one of the five Central Asian post-Soviet countries. Since the collapse of the USSR and after gaining its independence, Kyrgyzstan actively started to integrate into the global economy by signing the bilateral agreements with countries and becoming a member of several preferential trade ...

In the World Bank and IFC Doing Business Report 2014 , Kyrgyzstan is on the 68th place out of 189 in the rankings on the ease of doing business. For comparison, Kyrgyzstan went up on two positions and was on the 70th place last year.  Kyrgyzstan's good practice is that it is making it easy to obtain an electricity connection. On the first lines of ranking are Singapore, Hong Kong SAR, China, New Zealand, United States, Denmark. Last one in the ranking is Chad. Central Asia is continuing its steady pace of regulatory reform. However, Central Asian countries are spread across the ranking. That is, Kazakhstan is on the 50th place, Tajikistan on 143rd and Uzbekistan is on 146th. Russia this year is on 92nd place, went up on twenty positions since last year. This ranking Ease of doing business is based on various criteria and indicators. Among them are: starting a business, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading ac...