Bishkek, March 12, 2025. /Kabar/. Chairman of the Cabinet of Ministers - Head of the Presidential Administration of Kyrgyzstan Adylbek Kasymaliev held a meeting on Tuesday with Ambassador of Great Britain and Northern Ireland Nicholas Bowler, as well as with international consultants on the use of English law in the settlement of investment disputes.
The Cabinet of Ministers said that during the meeting the parties discussed a wide range of issues aimed at developing the investment attractiveness of Kyrgyzstan and increasing the level of protection of investors' rights, which is a key factor in attracting foreign investment and sustainable economic growth.
Particular attention was paid to the prospects for creating an independent arbitration mechanism designed to resolve investment and other commercial disputes. It is assumed that this mechanism will function using the norms of English common law, as well as the norms and principles of other jurisdictions based on the common law system.
In addition, the initiative to create a special investment territory (SIT) with a special legal regime was discussed, which will create more favorable conditions for doing business and implementing investment projects.
"Creating a favorable investment climate and reliable protection of investors' rights are priority tasks for Kyrgyzstan. We are interested in studying and applying international experience, including English law, to increase investor confidence in our legal system," Adylbek Kasymaliev emphasized.
Nicholas Bowler noted that Great Britain is ready to share its experience and expertise in the field of law to promote the development of the Kyrgyz economy and attract investment.
It was noted that the process of determining the format of financing the consulting and methodological support necessary for the successful implementation of these projects is currently being completed.
The parties exchanged views on other pressing issues of bilateral cooperation, discussed possible forms of interaction and prospects for attracting investment in various sectors of the Kyrgyz economy.
It is expected that the application of English law in the settlement of investment disputes can increase investor confidence in the Kyrgyz legal system by ensuring predictability and protection of their investments.
English law (Common Law) is a precedent-based legal system that has historically developed in England. It is based on judicial precedent - a court decision that becomes mandatory for application in similar cases in the future. It is the basis of the legal systems of many countries around the world, including the United States, Canada, Australia and others.