On April 8, 2019, the first meeting of the Subcommittee on leasing of the Chamber of Commerce and Industry of the Kyrgyz Republic was held under the chairmanship of Ulan Satvaldiev, head of CJSC “Ijara Company Kyrgyzstan”.

The Chairman of the Subcommittee on leasing of the Chamber of Commerce and Industry of the Russian Federation, Yevgeny Tsarev, was invited to the meeting, as well as the Advisor to the Operational Director Saprykin Taras Igorevich.

The parties noted the importance of promoting and developing leasing in Kyrgyzstan under the  conditions of the EAEU.

“At the moment, it is necessary to actively involve in ongoing integration processes in the conditions of the EAEU, for this it is necessary for all companies, commercial banks that provide leasing services to consolidate their efforts to develop this area in Kyrgyzstan. Therefore, we need to intensify informational work, conduct research on the current situation in the field of leasing, improve the normative base and create a register of equipment suppliers. It is necessary for our country to become a full active participant in the leasing market of the EAEU and to make a positive contribution to the domestic economy” said Ulan Satyvaldiev. The Chairman of the Subcommittee on Leasing of the Chamber of Commerce and Industry of the Russian Federation also said that at the moment they are working hard to develop leasing in the EAEU countries, the main purpose of which is to create a common leasing market with common standards and requirements. As part of this initiative, the Association for the Development of Leasing will be created, which will deal with the elimination of the existing stop barriers hindering the development of this area.