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International investors more protected than local

International investors are more protected than local. The Minister of Economy of the Kyrgyz Republic Oleg Pankratov stated this at a meeting of the Council for Business Development and Investment.

According to him, the outflow of investments from Kyrgyzstan is 42 percent of their total volume.

«Business does not stay with us. This indicates that something scares it. International investors are more protected because they can apply to the international arbitration. But we need to take measures to protect the local business,» the minister said.

According to the Statistical Committee, foreign direct investments by the end of 2017 amounted to $616,793,000.

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