Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman and Minister of Foreign Affairs of the Kyrgyz Republic, Mr. Zheenbek Kulubaev Moldokanovich signed the Protocol and exchanged Instrument of Ratification of the Bilateral Investment Treaty (BIT) between the Government of the Republic of India and the Government of the Kyrgyz Republic, in New Delhi, today.

The Bilateral Investment Treaty (BIT) signed on 14^th June, 2019, in Bishkek, between the Government of the Republic of India and the Government of the Kyrgyz Republic, enters into force with effect from today, i.e. 5^th June 2025. This new BIT replaces the earlier agreement enforced on 12^th May 2000, ensuring continuity in the protection of investments between the two nations.

The India-Kyrgyz BIT marks a significant milestone in strengthening bilateral economic relations and fostering a secure and predictable investment environment. The BIT aims to promote and protect interests of investors of either country in the territory of the other country and has following key features:-

The BIT balances the investor rights with the sovereign regulatory powers of both countries, and reflects a shared commitment to create a resilient and transparent investment climate. It is expected to further encourage cross-border investments and deepen economic cooperation between India and Kyrgyzstan.

CLICK HERE TO ACCESS THE BIT

The India-Kyrgyz BIT can also be accessed at Department of Economic Affairs, Ministry of Finance website: https://dea.gov.in/bipa

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NB/KMN

Treaty Press Release