A Central Asian country of incredible natural beauty and proud nomadic traditions, Kyrgyzstan was annexed by Russia in 1864; it achieved independence from the Soviet Union in 1991. Nationwide demonstrations in the spring of 2005 resulted in the ouster of President Askar AKAYEV, who had run the country since 1990. Subsequent presidential elections in July 2005 were won overwhelmingly by former prime minister Kurmanbek BAKIYEV. Current concerns include: privatization of state-owned enterprises, expansion of democracy and political freedoms, reduction of corruption, improving interethnic relations, and combating terrorism.

Kyrgyzstan Country Profile

Kyrgyzstan is a poor, mountainous country with a predominantly agricultural economy. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. Industrial exports include gold, mercury, uranium, natural gas, and electricity. Kyrgyzstan has been progressive in carrying out market reforms, such as an improved regulatory system and land reform. Kyrgyzstan was the first CIS country to be accepted into the World Trade Organization. Much of the government's stock in enterprises has been sold. Drops in production had been severe after the breakup of the Soviet Union in December 1991, but by mid-1995, production began to recover and exports began to increase. Kyrgyzstan has distinguished itself by adopting relatively liberal economic policies. The drop in output at the Kumtor gold mine sparked a 0.5% decline in GDP in 2002, but GDP growth bounced back in 2003-05. The government has made steady strides in controlling its substantial fiscal deficit and reduced the deficit to 1% of GDP in 2005. The government and international financial institutions have been engaged in a comprehensive medium-term poverty reduction and economic growth strategy, and in 2005 agreed to pursue much-needed tax reform. Progress fighting corruption, further restructuring of domestic industry, and success in attracting foreign investment are keys to future growth.

Kyrgyzstani natural resources include abundant hydropower; significant deposits of gold and rare earth metals; locally exploitable coal, oil, and natural gas; other deposits of nepheline, mercury, bismuth, lead, and zinc

landlocked; entirely mountainous, dominated by the Tien Shan range; many tall peaks, glaciers, and high-altitude lakes

Kyrgyzstani religion is Muslim 75%, Russian Orthodox 20%, other 5%.

Natural hazards in Kyrgyzstan include NA.