By project appraisal in 2004, significant progress had been made in trade liberalization and trade-related policy by the Kyrgyz Republic, which was still in transition to private sector-led and market-oriented economy. This was evidenced by the country’s accession to the World Trade Organization in 1998.
In November 2008, the Asian Development Bank (ADB) approved a $2.9 million grant for the Investment Climate Improvement Program System Support Project of the Kyrgyz Republic. The project aimed to reduce the cost of doing business in the country by streamlining business registration and foreign trade clearance as measures to improve the investment climate.
Basic education in the Kyrgyz Republic deteriorated substantially after independence. Considerable investment was required to improve quality, access, and participation and to meet the Millennium Development Goals for education.
Since the launch of the Asian Development Bank- (ADB) sponsored Central Asia Regional Economic Cooperation (CAREC) program in 1997, regional cooperation in Central Asia has centered on transport, energy, and trade facilitation.
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