This table provides information about the indicator
| Indicator name |
17.5.1 Number of countries that adopt and implement investment promotion regimes for least developed countries |
|---|---|
| Target name |
17.5 Adopt and implement investment promotion regimes for least developed countries |
| Goal |
Goal 17. Strengthen the means of implementation and revitalize the global partnership for sustainable development |
This table provides metadata for the actual indicator available from Kyrgyzstan statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Kyrgyz statistics, this table should be consulted for information on national methodology and other Kyrgyz-specific metadata information.
| Geographical coverage |
Кыргызская Республика |
|---|---|
| Unit of measurement |
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| Definitions |
This indicator demonstrates availability and implementation of the country’s investment promotion regimes at the national level. |
| Concepts |
Instruments used in investment promotion regimes include investment guarantees, financial or fiscal support for external investors, and international investment agreements between the investor’s home and host country. In addition to these legal instruments, countries often also provide information and other advisory services to their external investors. An investment guarantee is insurance offered by home governments or other institutions to investors to protect them from certain political risks in their host countries, such as the risk of discrimination, expropriation, transfer restrictions or contract violations. An international investment agreement is an agreement between two or more countries to promote and protect investments made by investors from one country in the other country, which obliges the host government to provide certain standards of treatment and protection to foreign investors (nationals and companies from another country) and their investments. |
| Rationale and interpretation |
Target 17.5 is focused on adoption and implementation of investment promotion regimes for least developed countries. In order to achieve target 17.5, it is necessary to identify and implement investment promotion regimes that can directly benefit a developing country. Investment promotion regimes can be defined as instruments that are directly aimed at encouraging foreign investment, whether external or domestic, through specific investment measures in the home or host country. |
| Method of computation |
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| Comments and limitations |
This indicator in the Kyrgyz Republic was nationalized and demonstrates the adoption of investment promotion regimes in the Kyrgyz Republic. The Law of the Kyrgyz Republic on Investments in the Kyrgyz Republic No. 66 of March 27, 2003 establishes the main principles of the state investment policy aimed at improving the investment climate in the country and stimulating domestic and foreign investments through fair, equal legal treatment of investors and guaranteeing protection of investments attracted by them into the economy of the Kyrgyz Republic. Note: The Kyrgyz Republic signed 36 agreements related to investment promotion and protection with different countries. |
| Quality assurance |
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| Data availability and gaps |
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| Disaggregation |
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| Comparability with international data/standards |
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| References and documentation |
The Kyrgyz Republic SDG National Reporting Platform: https://sustainabledevelopment-kyrgyzstan.github.io |
| Data sources |
Ministry of Economy of the Kyrgyz Republic |
| Data collection methods |
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| Link to UN metadata | United Nations Sustainable Development Goals Metadata opens in a new window |
This table provides information about the supplier of the data
| Organization |
Ministry of Economy of the Kyrgyz Republic |
|---|---|
| Contact person(s)/focal point |
A.A. Amanova |
| Contact person's email |
stratplan10@mail.ru |
| Contact person's phone |
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| Organization website |
http://mineconom.gov.kg/ru |