The Kyrgyz Republic


Economic Overview

  • Major Natural Resources - Gold, mercury, uranium, antimony, and hydroelectric power generation.


  • Major Industries - Mining, machinery and metalworking, tobacco and food processing, textiles, and tanning.


  • Chief Agricultural Crops - Cotton, tobacco, fruits and berries, grains, meat, and wool.


  • Convertibility - The som is fully convertible into U.S. dollars and other major international currencies through foreign exchange auctions conducted by the National Bank.

 

Political System

A President, Prime Minister, and National Legislature lead the Kyrgyz Republic. The President appoints the Prime Minister, who then forms the legislation body. A new constitution was formally adopted in 1993.
 

History and Customs

The origins of the Kyrgyz Republic date from the 7th century, when a nomadic Kyrgyz tribe ruled the country. The country was overtaken by Russia in 1864 and returned to autonomy (but not full independence) in 1917, after the Bolshevik revolution. The Kyrgyz people lost their goal of full independence when the Bolsheviks overcame them in 1921. The Kara-Kyrgyz autonomous area, as it was known, became a political region within the Soviet Union in 1926, and a constituent republic in 1936. The Kyrgyz Republic finally gained full independence in 1991 and Mr. Askar Akayev was elected President. President Akayev continues to serve as President and was re-elected in 2000; The Kyrgyz people represent approximately 58.6% of the country's population, with Russians (17.1%) and Uzbeks (13.8%) the predominant minorities.

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