Cabinet of Ministers to prohibit transfer of subsoil use rights to third parties

10:27, 26 января 2023, Bishkek - 24.kg news agency , Darya PODOLSKAYA

The Cabinet of Ministers of Kyrgyzstan instructed the Ministry of Natural Resources, Ecology and Technical Supervision to develop a draft resolution, which prohibits transfer of the right to use subsoil to a third party.

The current wording of the laws on subsoil and on pledge provides that a licensee may pledge the right to use subsoil on the basis of a pledge agreement.

Those who have received a permit for development and production will also not be able to sell or lease the mines.

The document is being prepared for submission to the Parliament for consideration.