BAKU, Azerbaijan, June 5. President of
Kyrgyzstan Sadyr Japarov has signed a resolution appointing
Minister of Economy and Commerce Bakyt Sydykov as the president’s
special representative for special assignments on sanctions policy
and sanctions risk mitigation, Trend reports via the press service of the Kyrgyz
president.
According to the resolution, the appointment is aimed at
strengthening coordination among state bodies on preventing and
minimizing sanctions risks, protecting Kyrgyzstan’s national
economic interests, and developing a unified national position in
engagement with foreign governments, international organizations,
regulators, financial institutions, and other partners.
Under the resolution, Bakyt Sydykov will serve in the new
position concurrently with his duties as economy minister. He will
also be granted the status of deputy chairman of the Cabinet of
Ministers until Dec. 31, 2026.
The special representative’s key responsibilities include
coordinating government efforts to identify, assess, and mitigate
sanctions risks, organizing cooperation with foreign partners on
sanctions-related matters, and representing Kyrgyzstan’s agreed
position on compliance with international restrictive measures and
the prevention of secondary sanctions risks.
The envoy will also be tasked with analyzing the impact of
international sanctions regimes on the country’s economy, including
the financial sector, trade, logistics, industry, investment,
export-import operations, and cross-border payments.
Furthermore, the special representative will prepare policy
proposals for the president and the Cabinet of Ministers on
sanctions compliance, foreign economic activity, financial
monitoring, trade policy, investment cooperation, and the
protection of national economic interests.
The resolution authorizes the special representative to
represent Kyrgyzstan in negotiations and consultations on
sanctions-related issues, request information from state bodies,
convene interagency meetings, establish working groups, and submit
recommendations on measures aimed at minimizing sanctions risks and
ensuring compliance with international restrictive measures.
The move establishes a dedicated mechanism for coordinating the
country’s response to sanctions-related challenges and
strengthening interaction between government agencies and
international partners on the issue.
