Presentation on the Draft Report on E-Commerce Law in the Kyrgyz Republic

The era of COVID-19 has underlined what the world already knew, that the way to more effective and efficient trade, both domestic and foreign, runs through electronic communications. However, innovative business methods using such communications often encounter legal frameworks designed for paper or print media. These encounters can lead to uncertainty and sometimes to barriers to efficient transactions.

Over the past quarter century, the legal frameworks have been adjusted to accommodate and even to promote electronic transactions. The draft report on e-commerce in the Kyrgyz Republic reviews the legal framework for e-commerce in the Kyrgyz Republic, with a view to help ensure that its content – statutes, decrees, orders, decisions - serves the country’s purposes

This event began with a presentation of the draft report followed by feedback, comments and discussion with the representatives from the Ministry of Economy and Finance of the Kyrgyz Republic, the Association of E-commerce in Kyrgyz Republic, the Central Asia Regional Economic Cooperation Program (CAREC) Institute, the International Trade Center (ITC), the Central Asia e-Commerce Law and Policy Project of the US Department of Commerce and the United Nations Commission on International Trade Law (UNCITRAL) Secretariat.

The draft report and this presentation are part of the Knowledge and Support Technical Assistance on Enabling a Conducive Environment for the Digital Economy (TA6618) of the Law and Policy Reform Program of the Office of the General Counsel of the Asian Development Bank (ADB).