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Opinion on Draft Law on Subsoil

Tatyana Marchenko, Lorenz International Law Firm
January 30, 2012

The mining industry has been one of the high-priority industries since the independence of the Kyrgyz Republic. The laws of the KyrgyzRepublic relating to regulation of subsoil use are mostly liberal; however, certain provisions of normative legal acts could be improved. Many foreign companies are involved in the geological exploration of subsoil and the development of mineral deposits. In this connection the adoption of new normative legal acts could significantly affect the efficiency of exploration work. In this article it is suggested to consider both innovations in the legal regulation of subsoil use in Kyrgyzstan as well as some problems that have emerged recently in the activity of subsoil users...

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