Kyrgyzstan Life & Culture - The Times Of Central Asia

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ADB and Kompanion Bank to Boost Financing of Women-Led and Small Businesses in Kyrgyzstan

As reported in a news release on its website, on December 28th the Asian Development Bank (ADB) and Kompanion Bank Closed Joint Stock Company on December 28th signed off a loan of up to $5 million in local currency financing to boost micro, small, and medium-sized enterprises (MSMEs) in Kyrgyzstan, especially those owned or led by women. Established in 2004, Kompanion Bank is one of the large commercial banks in the Kyrgyz Republic and dominates the MSME market through its wide network with 93 branches across the country. More than half of Kompanion’s portfolio is with micro and small enterprises. “Women account for about a third of entrepreneurs in the Kyrgyz Republic, but they nevertheless face significant challenges in accessing financial services and credit,” said ADB Director General for Private Sector Operations, Suzanne Gaboury. “This partnership with Kompanion Bank will help bridge the financing gap for women-led small businesses, as well as provide a strong case for the sustainability of local currency lending to these companies.” To strengthen development impact and address finance and bankability constraints, transactions incorporate a credit guarantee from the Asian Development Fund’s (ADF) Private Sector Window facility (PSW) of up to $2.3 million. ADB will also provide technical assistance to Kompanion Bank to enhance its digital capabilities and operational efficiency. “We are happy to be a partner with ADB in this initiative to support micro and small entrepreneurs in the Kyrgyz Republic. We believe that our experience in the MSME market will allow us to make a significant impact on the local economy, and we look forward to working closely with ADB for the benefit of our clients and the community,” said Kompanion Bank CEO, Margarita Cherikbaeva. ADB will also help Kompanion Bank to develop a gender action plan to promote gender equality and women’s empowerment in its business activities. Key activities will include increasing the number of women borrowers and delivering training on improved agricultural practices and digital and financial literacy for female clients.

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Tajikistan and Kyrgyzstan Agree on Another Border Section

Delegations from Tajikistan and Kyrgyzstan have conducted more work on the definition and designation of the state border, agreeing on the divination of another 11.88 km at a meeting in Buston held between the 17th and 23rd of December. The two parties also agreed to continue determining the remaining sections oat the next meeting to be held in Kyrgyzstan. A long-standing source of conflict between the two nations, it is emblematic of the problem that even the length of the border - sometimes cited as being 975-kilomtres long, and at others times 972-kilomteres - is rarely agreed upon. In January 2023, Tajikistan’s President Rahmon stated that 614-kilometres have been agreed upon, backtracking on a previously stated figure of 664. With its scant natural resources and dwindling water supplies, the border between Kyrgyzstan and Tajikistan has been the scene of numerous skirmishes for many years. In 2014, all borders between Kyrgyzstan and Tajikistan were closed indefinitely to Kyrgyz and Tajik citizens following clashes over a bypass road in disputed territory; mortars were fired and both armies suffered casualties. In 2021 and 2022, troubles flared up again. Several hundred kilometers of the border have not yet been defined. This situation developed after the collapse of the USSR, leaving the parties unable to agree on dozens of disputed areas. The non-delimited territories become a conflict zone between the local population, and the border guards of the two countries became involved. The last major conflict occurred on September 16th 2022, as a result of which hundreds of people were killed and injured on both sides, and massive damage was caused to the infrastructure in Sughd and Batken. The Presidents of Tajikistan and Kyrgyzstan, Emomali Rahmon and Sadyr Japarov, have repeatedly discussed delimitation of the border. The situation in the disputed areas is also closely monitored by the Collective Security Treaty Organization (CSTO). In recent years, the authorities of the two countries have been actively negotiating to resolve this issue. Meetings have been held alternately on the territory of the two republics. Currently, more than 90%, or about 885 km of the border has been mutually recognized by States.

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Despite Protests, Kyrgyz President Signs Bill Amending National Flag

On December 22nd, the President of the Kyrgyz Republic, Sadyr Japarov, signed a bill modifying the national flag, following its final approval by lawmakers two days prior. The legislators had noted that the depiction of yellow rays on a red field in the old flag resembled a sunflower. They proposed amendments to "straighten" the sunrays to create an image more closely resembling the sun. Several rallies protesting the change have been held since the proposal in October. Also on December 22nd, Human Rights Watch (HRW) urged the Kyrgyz authorities to drop all charges against activist Aftandil Jorobekov, and to release him after he was arrested for openly protesting changes to Kyrgyzstan's national flag and charged with calls for mass disorder and civil disobedience. In a statement, HRW said that the charges brought against Jorobekov "violate his freedom of expression and right to peaceful assembly." "Jorobekov should not be facing criminal prosecution for opposing a government initiative or calling for peaceful protests, which are protected forms of expression,” HRW's Central Asia researcher, Syinat Sultanalieva, said. “The Kyrgyz authorities should drop the charges and release Jorobekov immediately.” The 39-year-old activist was detained on December 7th, a day after he voiced his disapproval of the bill and announced his plan to hold a peaceful protest in Bishkek's Gorky Park on December 9th. "Criticizing the government and calling for peaceful protest is not the equivalent of stoking mass unrest, and it is certainly not criminal," Sultanalieva said. "The Kyrgyz authorities should drop this absurd case against Jorobekov, and uphold his right to free speech and peaceful assembly." Meanwhile, many politicians, activists, and public figures in Kyrgyzstan continue to question the idea to change the national flag. Prominent Kyrgyz athlete and two-time world wrestling champion Jolaman Sharshenbekov wrote on Twitter on December 21st that he will continue raising the country’s old national flag at international tournaments and competitions. The head of the country's State Committee of National Security, Kamchybek Tashiev, immediately commented on Sharshenbekov's post, threatening unspecified repercussions for athletes who "even try" to raise anything other than the amended national flag at sports events. "The law is adopted, and we, the citizens, must obey," Tashiev wrote.

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Iran Cancels Visa Requirement for Citizens of Kyrgyzstan, Tajikistan, Uzbekistan

Iran has lifted visa requirements for visitors from 33 countries, including Kyrgyzstan, Tajikistan, Uzbekistan, and Russia, in an attempt to attract visitors from across the globe and boost its sanctions-hit economy, Iranian news agencies report. Iranian Minister of Cultural Heritage, Tourism, and Handicrafts, Ezzatollah Zarghami, said the cancellation of the visa requirements was approved in a government meeting last week. “The government intends to open the country's doors to the world,” Zarghami told reporters after a cabinet meeting on December 13th. According to the Ministry of Tourism of Iran, the number of foreign visitors in Iran reached 4.4 million during the first eight months of the current Iranian year, which ends in March 2024, representing a 50%increase compared to the same period last year. The ministry expects six million foreign tourists to visit the country by the end of the year.

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President Japarov: Kyrgyzstan Should Provide Irrigation Water to Kazakhstan

A UN resolution obliges upstream countries, including Kyrgyzstan, to provide water to downstream states, Kyrgyz President Sadyr Japarov said on December 16th at the second People’s Kurultai (Congress) in Bishkek. Answering questions from the Kurultai delegates, the president said that the water problem would be solved through the construction of so-called ten-day and daily regulation pools. Such reservoirs will allow for the accumulation of water in winter and for it to be freely shared with neighbors downstream. The president said that Kyrgyzstan does not have a sufficient number of reservoirs, and, therefore, this year there was not enough water to supply to Kazakhstan. This past summer, the southern regions of Kazakhstan experienced a severe shortage of irrigation water for their fields. The construction of such reservoirs, the president explained, will meet the needs of Kyrgyzstan and, in addition, there will also be enough water to supply to downstream neighbors. The president also announced plans to build reservoirs. The reservoir construction program will last until 2027, he said.

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Length of U.S. Visas for Kyrgyz Citizens Set to Increase

The duration of American visas for citizens of Kyrgyzstan is set to increase from five to ten years, marking a significant development reported by the Embassy of the Kyrgyz Republic in the USA. The Embassy disclosed that Baktybek Amanbayev, the head of the Kyrgyz diplomatic mission, conducted a meeting on December 13th with Brandon McNerney, the director of the Office of Visa Affairs at the Consular Bureau of the US Department of State. The primary agenda revolved around discussions aimed at enhancing visa relations between the two nations. During the meeting, Ambassador Amanbayev reiterated the appeal to expedite considerations for extending the validity period of tourist and business visas from five to ten years, alongside reducing consular fees for Kyrgyz Republic citizens. This plea, previously discussed with US authorities, was reinforced by Amanbayev during this encounter. Brandon McNerney provided an optimistic outlook, stating that the issue is in its final stages of evaluation within relevant US authorities, with a positive decision anticipated imminently. The American side pledged to officially notify the Kyrgyz authorities of their decision in the near future. Additionally, Amanbayev pressed for simplified visa acquisition processes for Kyrgyzstani students enrolled in US educational institutions. Moreover, he proposed exploring opportunities for legal employment of Kyrgyz citizens in sectors facing labor shortages within the United States. The American representatives agreed to delve into these matters during the annual bilateral consultations. This push for extended visa durations follows earlier discussions on the topic. Kyrgyzstan's parliamentary deputies Akylbek Tumonbayev, Balbak Tulobayev, Karim Khanjeza, and Emil Toktoshev engaged in talks with Ambassador Leslie Viguery regarding visa extensions to the United States. Ambassador Amanbayev also held discussions with John Pommersheim, Deputy Assistant Secretary of State for Central and South Asian Affairs, seeking to expedite this visa extension process. These concerted efforts signal a potential boon for Kyrgyz citizens aspiring to visit or reside in the United States, fostering closer bilateral ties between the two nations.