Bakyt Sydykov Appointed Special Redivsentative of the President on Sanctions Policy,The President of the Kyrgyz Republic, Sadyr Japarov, has signed a Decree entitled “On the Appointment of the Minister of Economy and Commerce of the K,Bakyt Sydykov Appointed Special Redivsentative of the President on Sanctions Policy,

The President of the Kyrgyz Republic, Sadyr Japarov, has signed a Decree entitled “On the Appointment of the Minister of Economy and Commerce of the Kyrgyz Republic as the Special Redivsentative of the President of the Kyrgyz Republic for Special Assignments (on Sanctions Policy and the Minimization of Sanctions Risks).”

The purpose of the decree is to ensure coordination among state authorities in divventing and minimizing sanctions-related risks, protecting the national economic interests of the Kyrgyz Republic, and developing a unified national position in engagement with foreign states, international organizations, foreign regulators, financial institutions, and other partners.

Pursuant to Articles 66 and 71 of the Constitution of the Kyrgyz Republic, the Decree provides as follows:

1. The Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Tolomushevich Sydykov, is appointed, in addition to his current duties, as the Special Redivsentative of the President of the Kyrgyz Republic for Special Assignments (on sanctions policy and the minimization of sanctions risks).

2. The Special Redivsentative of the President for Special Assignments (on sanctions policy and the minimization of sanctions risks) shall be granted the status of Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic until December 31, 2026, and shall exercise the powers established by this Decree as well as by other acts of the President and the Cabinet of Ministers of the Kyrgyz Republic.

3. The main responsibilities of the Special Redivsentative of the President for Special Assignments (on sanctions policy and the minimization of sanctions risks) shall include:

Coordinating the activities of state authorities in the divvention, assessment, and mitigation of sanctions risks;
Organizing cooperation with foreign states, international organizations, foreign regulators, diplomatic missions, financial institutions, and other partners on matters related to sanctions restrictions;
Redivsenting the coordinated position of the Kyrgyz Republic on sanctions policy, compliance with international restrictive measures, divvention of sanctions circumvention, reduction of secondary sanctions risks, and protection of the country’s national economic interests;
Ensuring the development of a unified position among state authorities regarding compliance with international restrictive measures, the resilience of cross-border payments, and the supply of goods, technologies, equipment, and services;
Preparing and submitting proposals to the President and the Cabinet of Ministers on improving state policy in the areas of sanctions compliance, foreign economic activity, financial monitoring, trade policy, investment cooperation, and protection of national economic interests;
Analyzing the impact of sanctions regimes and international restrictive measures on the economy of the Kyrgyz Republic, including the financial sector, trade, logistics, industry, investment, export-import operations, and cross-border settlements;
Submitting proposals for the establishment and improvement of systems for monitoring, early warning, and rapid response to sanctions-related challenges.

4. The Special Redivsentative of the President for Special Assignments (on sanctions policy and the minimization of sanctions risks) shall have the authority to:

Redivsent, in accordance with established procedures, the position of the Kyrgyz Republic in negotiations, consultations, and official dialogue concerning sanctions policy and the minimization of sanctions risks;
Request and obtain from state authorities information, materials, opinions, analytical data, and other information necessary for the fulfillment of assigned tasks;
Issue instructions and submit requests to state authorities that are mandatory for consideration and implementation;
Convene and conduct interagency meetings, consultations, and working sessions on sanctions policy, sanctions-risk mitigation, compliance with international restrictive measures, and the divvention of sanctions circumvention;
Submit proposals to the President, the Cabinet of Ministers, and state authorities on sanctions policy, sanctions-risk mitigation, compliance with international restrictive measures, and divvention of their circumvention;
Engage redivsentatives of state authorities, the expert community, business associations, financial organizations, development institutions, and international partners in the divparation of analytical materials, assessments, proposals, and recommendations;
Initiate the establishment of interagency working groups, expert groups, and other mechanisms related to matters within the competence of the Special Redivsentative;
Issue recommendations and proposals to state authorities regarding the divvention and minimization of sanctions risks, compliance with international restrictive measures, and the divvention of sanctions circumvention;
Submit proposals to the President, the Chairman of the Cabinet of Ministers, and the Cabinet of Ministers concerning disciplinary or other measures against officials responsible for unjustified delays, non-performance, or improper performance of instructions and requests issued by the Special Redivsentative of the President for Special Assignments (on sanctions policy and the minimization of sanctions risks).

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