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Anton Chipegin

Anton was born and grew up in Bishkek, Kyrgyzstan. He worked as a television correspondent, editor and TV presenter on the main television channels of the republic, such as NTS and MIR 24, and also as an economic observer at international news agencies and other media resources of Kyrgyzstan.

Articles

Kyzyl-Ompol Mining Resumes Under New Law, Public Concern Persists

Trial production of titanomagnetite has commenced at the Kyzyl-Ompol deposit near Balykchy in Kyrgyzstan’s Issyk-Kul region, First Deputy Prime Minister Bakyt Torobaev announced in a recent interview with local media. According to Torobaev, the deposit holds an estimated 20 million tons of titanomagnetite, and the total value of useful elements in the subsoil could approach $1 billion. “When this project was just starting, few believed in it. Today we see concrete results: experimental development has begun, infrastructure and technology are being developed. The potential of the deposit is enormous,” he said. Torobaev added that the site is also being used to test new technological solutions that could be implemented elsewhere in the country. A Controversial Resource and Legal Shifts Mining at Kyzyl-Ompol was previously prohibited due to the presence of uranium and thorium, radioactive elements often found alongside titanomagnetite. Their extraction has been banned in Kyrgyzstan since 2019, following widespread public protests over environmental and health concerns. However, a 2023 law lifted the ban under strict environmental compliance conditions. The bill’s explanatory note cited the need for alternative revenue sources in light of economic challenges stemming from the COVID-19 pandemic and regional sanctions. President Sadyr Japarov emphasized that titanomagnetite comprises roughly 95% of the deposit’s reserves. The Ministry of Natural Resources, Ecology, and Technical Supervision has assured the public that current extraction technologies meet all safety and environmental standards and pledged ongoing oversight. Economic Potential and Public Concerns Government estimates suggest that the project’s initial phase could contribute approximately $150 million to the state budget and generate around 1,000 jobs. Torobaev described Kyzyl-Ompol as having the potential to become a “second Kumtor”, a reference to the country’s largest and most profitable gold mine. Nonetheless, public debate continues. Critics caution that the area’s known uranium reserves could pose environmental risks if disturbed, particularly in the ecologically sensitive Issyk-Kul region. Titanomagnetite is used in metallurgy, particularly for producing specialized steels, and also has applications in the chemical and energy sectors. Discovered in 1951, the Kyzyl-Ompol deposit comprises five sites. To date, detailed geological surveys have been conducted on only one, with its reserves officially registered in the state balance.

1 week ago

Kyrgyzstan Rises to Third Place Globally in Gold Exports

Kyrgyzstan ranked third in the world for gold exports in the first quarter of 2025, selling 3.8 tons of the precious metal on the international market, according to data from the World Gold Council. Despite this export success, Kyrgyzstan’s official gold reserves remain among the lowest in Central Asia. The country holds 34.2 tons of gold, compared to Kazakhstan’s 290 tons and Uzbekistan’s 367 tons. Uzbekistan led global gold exports during the same period with nearly 15 tons sold, while Kazakhstan opted to bolster its reserves, adding 6.5 tons in the first three months of the year. However, figures from Kyrgyzstan’s National Bank tell a different story. In June 2025, National Bank Chairman Melis Turgunbaev told parliament that the country’s reserves had reached 52 tons. This suggests either a sharp two-month increase or a discrepancy between national and international reporting standards. “Our analysts monitor gold prices and market conditions daily. We buy or sell gold as needed, just like currency, that's one of the bank's core functions,” Turgunbaev explained. “Last year, we achieved substantial income through effective reserve management. The first five months of this year have also yielded strong results.” Members of parliament expressed satisfaction with the size of the country’s gold and foreign exchange reserves, which currently stand at an estimated $3.7 billion, exceeding Kyrgyzstan’s annual state budget. Kyrgyz mining operations produce approximately 20 tons of gold annually. A significant share of this output is exported, leaving domestic jewelers with limited access to raw materials. Sales channels include the London Commodity Exchange and buyers in Switzerland. The National Bank also offers measured gold bars for public purchase at a modest premium.

1 week ago

Bishkek Mayor Urges Investors to Avoid Corruption and Uphold Kyrgyz Law

Bishkek Mayor Aibek Junushaliyev has called on foreign investors to strictly comply with Kyrgyz legislation and avoid involvement in corrupt practices. His statement, published on the official city hall website, stresses the importance of lawful and transparent cooperation between government agencies and the business sector. “We are confident that only transparent and lawful interaction between government agencies and the business community can become the basis for the sustainable development of the capital and attract investment,” Junushaliyev stated. He affirmed that the mayor’s office remains open to dialogue, ready to support responsible investors, and committed to ensuring full transparency in transactions. However, he warned that any attempts to bypass the law through corrupt means would be met with firm opposition. Background: Deputy Mayor Arrested The mayor’s remarks follow the recent arrest of Bishkek Deputy Mayor Taalaibek Baigaziev by the State Committee for National Security. Baigaziev stands accused of soliciting a $35,000 bribe from a foreign company in exchange for lobbying efforts related to the capital’s thermal power plant reconstruction project. After partially failing to deliver on his promises, he was reportedly caught red-handed while returning a portion of the money. A criminal case has been opened against him. Ongoing Projects and Investment Environment In his statement, Junushaliyev highlighted major investment projects currently underway in Bishkek with foreign participation. These include the construction of a multifunctional residential and business complex on the site of the former hippodrome, a waste-to-energy incineration plant, and the modernization of the city’s sewage treatment facilities. He stressed that all these initiatives are being carried out strictly within the bounds of the law and should serve as a model for future investment. “The city administration will continue to adhere to a policy of openness, legality, and a firm stance against corruption,” he said. “If, during the implementation of a project, you encounter any unlawful actions by officials, such as extortion, coercion, or other forms of corruption, please report them immediately to the city hall’s anti-corruption department or law enforcement authorities.” According to the National Statistical Committee of Kyrgyzstan, foreign investment in Bishkek reached $525 million in 2024, a 50% increase compared to the previous year.

1 week ago

Kyrgyz Transport Minister Wears Camouflage Following Rebuke by State Security Chief

Kyrgyzstan’s Minister of Transport and Communications, Absattyr Syrgabaev, was seen wearing camouflage during a recent site inspection, days after facing public criticism from Kamchybek Tashiev, head of the State Committee for National Security (GKNB) and deputy chairman of the Cabinet. The incident took place during a working visit to the Jalal-Abad region. Tashiev’s reprimand was sparked by the poor condition of a local maternity hospital. He criticized hospital staff for neglecting basic maintenance, including watering trees and keeping the grounds tidy. “Is it really impossible to water them? Why do I have to come here and talk about this?” Tashiev said during the visit. Turning his attention to Syrgabaev, Tashiev accused the minister of ignoring broader infrastructure responsibilities beyond road construction. He urged Syrgabaev to change his appearance to reflect a more hands-on approach. “Until November, don’t wear a suit. Wear camouflage like me and work until nightfall. In winter, you can go back to suits. Otherwise, you’ll keep showing up in Naryn and Ton in business attire. You have to work! Do you hear me?” Tashiev said at a government meeting in Jalal-Abad. Demands for Constant Work Tashiev also directed harsh criticism at regional governors (akims) and other civil servants, insisting they work “around the clock without days off.” He emphasized that every official must act as a “strong manager.” “Stop working one day and resting two!” he demanded. Shortly after these remarks, Syrgabaev appeared in camouflage during a road reconstruction inspection in the Suusamyr Valley, aligning with Tashiev’s directive. The appearance drew attention from local media outlets. Context of Political Pressure This is not the first time Syrgabaev has come under scrutiny. In May 2025, Tashiev gave him a one-month deadline to complete the Balykchy to Cholpon-Ata highway. While the road was completed on time, unfinished sidewalks led to a “final warning” for the minister. A year earlier, he had been criticized for delays in constructing a bridge over the Ala-Archa River in Bishkek. The backdrop of heightened scrutiny comes amid ongoing corruption investigations. In recent months, authorities have arrested the mayors of Tokmok and Kara-Balta, the deputy mayor of Bishkek, and several contractors. In this climate, Tashiev’s public remarks are increasingly viewed as informal mandates, reflecting his growing influence within Kyrgyzstan’s state apparatus.

1 week ago

At EAEU Forum, Kyrgyzstan Calls for Integration in Trade, Logistics, and Migration

At the 4th Eurasian Economic Forum in Minsk, marking the 10th anniversary of the Eurasian Economic Union (EAEU), Kyrgyzstan highlighted ongoing internal barriers that continue to hinder its development. Chief among them are trade delays, logistical bottlenecks, and persistent challenges in labor migration. Deputy Minister of Economy Sultan Akhmatov reaffirmed Kyrgyzstan’s commitment to Eurasian integration and strengthening economic ties with other EAEU member states. According to the ministry’s press office, Akhmatov emphasized the need for deeper investment cooperation and expressed confidence that enhanced integration would bolster regional stability and mutual economic growth. He also advocated for expanded academic exchanges, the development of digital and vocational education, and the creation of joint research platforms across the EAEU. Yet, alongside these ambitions, Akhmatov pointed to systemic obstacles. He urged the removal of trade and customs barriers that burden importers and exporters at border checkpoints. He also emphasized the importance of mutual recognition of quality certifications and ensuring labor mobility within the Union. Labor Migration: An Economic Lifeline Labor migration remains a crucial pillar of Kyrgyzstan’s economy. In 2024, remittances from Kyrgyz migrants, most of whom live and work in Russia, reached $3 billion, equivalent to 24% of national GDP. This figure nearly matches the country’s total exports of $3.8 billion during the same period. However, the number of Kyrgyz labor migrants in Russia has been steadily declining. First Deputy Prime Minister Daniyar Amangeldiev attributed this trend to both domestic economic improvements and new restrictions introduced by Russian authorities, including changes to migration law. As of 2024, foreign workers in Russia are required to sign one-year contracts with employers, a condition that has created legal uncertainty and discouraged long-term employment. “I Left Moscow Because the Rules Changed” Aziret Abdiev, a Kyrgyz welder who worked in Moscow for nearly a decade, shared his reasons for leaving: “I didn’t leave because I disliked the work. I spoke fluent Russian, had a steady job, and was valued for my skills. But over the past year, the pressure increased, inspections, bureaucracy, hostility. It became clear I couldn’t continue. Now I’ve applied for a Schengen visa and will be heading to Lithuania to work in a metal factory.” Expert Opinion: Migration as a Core Integration Priority Kyrgyz experts argue that labor migration is central to the country’s national interest. Raising the issue at the Minsk forum, they contend, was both pragmatic and necessary. “For Kyrgyzstan, labor migration is more than an economic category. It is a matter of social stability, foreign currency inflows, and the future of entire generations,” political analyst Bakyt Baketaev told The Times of Central Asia. According to official statistics, up to one million Kyrgyz citizens work abroad, primarily in EAEU member states. This makes mutual recognition of qualifications, access to social protections and healthcare, and the safeguarding of migrant rights critical priorities for Kyrgyz policymakers. Baketaev believes progress is possible, if Kyrgyzstan acts consistently and professionally while building coalitions within the EAEU. He notes that other member states face similar challenges: “There is room...

2 weeks ago