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PRESIDENTIAL DECREE OF THE KYRGYZ REPUBLIC

of March 28, 2007 unitary enterprise No. 109

About the plenipotentiary of the President of the Kyrgyz Republic concerning investment cooperation with the countries of the Organization of Islamic Conference

For the purpose of involvement of foreign investors, with executive bodies and business partners in the territory of the Kyrgyz Republic, deepening of cooperation with financial and other organizations in the sphere of investments I decide assistance in establishment and coordination of their relations:

1. Enter position of the plenipotentiary of the President of the Kyrgyz Republic concerning investment cooperation with the countries of the Organization of Islamic Conference (OIC) on a voluntary basis.

2. Approve the enclosed Regulations on the plenipotentiary of the President of the Kyrgyz Republic concerning investment cooperation with the OIC countries.

3. This Decree becomes effective from the date of signing.

President of the Kyrgyz Republic

K. Bakiyev

Approved by the Presidential decree of the Kyrgyz Republic of March 28, 2007 unitary enterprise No. 109

Regulations on the plenipotentiary of the President of the Kyrgyz Republic concerning investment cooperation with the countries of the Organization of Islamic Conference

I. General provisions

1. The position of the plenipotentiary of the President of the Kyrgyz Republic concerning investment cooperation with the countries of the Organization of Islamic Conference (further - the plenipotentiary) is established for the purpose of involvement of foreign investors, assistance in establishment and coordination of their relations with executive bodies and business partners in the territory of the Kyrgyz Republic, deepening of cooperation with financial and other organizations in the sphere of investments of the countries of the Organization of Islamic Conference, and also member countries of Islamic development bank.

2. The plenipotentiary is appointed to position and dismissed by the Presidential decree of the Kyrgyz Republic.

4. The plenipotentiary is accountable directly to the President of the Kyrgyz Republic and performs the activities independently.

II. Fundamental obligations

5. Fundamental obligations of the plenipotentiary are:

- assistance in promotion of the investment projects promoting development of priority industries of economy of the Kyrgyz Republic and search of the corresponding potential investors from the countries of the Organization of Islamic Conference (OIC), and also members of the Islamic Development Bank (IDB);

- assistance to carrying out and carrying out at the request of the President of the Kyrgyz Republic of negotiations with foreign investors and in case of their interest rendering assistance in preparation of investment projects taking into account requirements of the legislation of the Kyrgyz Republic;

- assistance to foreign investors in establishment of relations with business partners and public authorities of the Kyrgyz Republic for the purpose of effective implementation of investment projects;

- assistance on monitoring of implementation of investment projects;

- preparation and submission of offers to the President of the Kyrgyz Republic on attraction of foreign investments in economy of the Kyrgyz Republic;

- representation for consideration of the President of the Kyrgyz Republic of offers and recommendations about improvement of the investment climate in the country;

- submitting for examination of the President of the Kyrgyz Republic of suggestions for improvement of the legislation in the field of attraction and use of foreign investments;

- at the request of the President of the Kyrgyz Republic explanation of policy of the state concerning the investment climate in the Kyrgyz Republic among political and business community both within the country, and abroad;

- representation at the request of the President of the Kyrgyz Republic of interests of the country in the international organizations, at negotiations and conferences;

- development and introduction of recommendations to executive bodies of the republic concerning investment cooperation with the countries of OIC and IBR;

- participation in coordination of work and the organization of control of execution of acts and orders of the President of the Kyrgyz Republic, on the questions carried to powers of the plenipotentiary;

- development and introduction of recommendations to executive bodies and local self-government, to business entities on realization of policy of the state for investment cooperation with the countries of OIC and IBR;

- explanation of policy of the state for support and development of investment cooperation with the countries of OIC and IBR and business community both within the country, and abroad;

- development of the package of proposals, the OIC and IBR directed to creation of the favorable investment climate with the countries;

- holding investment conferences, press conferences and "round tables";

- placement in local and foreign mass media of materials about experience, innovations, on promotion of investment cooperation with the countries of OIC and IBR.

III. Basic rights

6. The plenipotentiary in limits of the powers and competence has the right:

- act as the official representative of the President of the Kyrgyz Republic;

- request and receive in accordance with the established procedure from state bodies and other organizations of the republic necessary information;

- use in accordance with the established procedure information databanks of Administration of the President of the Kyrgyz Republic, Government office of the Kyrgyz Republic and other state bodies;

- conduct with state bodies, organizations, and also with other commercial and non-profit organizations and their officials office correspondence;

- in coordination with heads of state bodies of the executive authority, public institutions, local government bodies to involve their staff and specialists, representatives of other organizations in participation in the solution of the questions entering competence of the plenipotentiary.

IV. Ensuring activities

7. Activities of the plenipotentiary are performed on a voluntary basis.

8. The plenipotentiary has the personalized letterhead.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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