On April 2, 2019, Jogorku Kenesh Committee on Fuel and Energy Complex and Subsoil Use approved the concept of the draft law “On Amendments to the Law of the Kyrgyz Republic “On Subsoil”.
The draft law is proposed to change the terms of the extension in terms of mining activity. The new edition of these renewed conditions provides for mandatory receipt of a license agreement for works (i.e., completion of design) and mining of at least half of the mineral reserves, which are provided by the license agreement for works.
At the same time, the renewal condition, which requires at least half of the reserves to be mined, will not apply to license agreements issued less than a year before the license expires.
It is also proposed to exclude the application of this condition to the users of groundwater since water is mainly used to ensure household and drinking needs of enterprises of various profiles (boarding houses, various industries, services) and supply to the population.
It is also proposed to exclude the use of this condition for developers of sand and gravel mixtures and loams, due to the fact that the granting of rights to use them is assigned to the jurisdiction of local state administrations through state registration.
GRATA International Kyrgyzstan Newsletter
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