Open image in new windowKyrgyzstan
Kyrgyzstan is located in Central Asia, bordered to the east by China and north by Kazakhstan. With access to some oil and gas resources, Kyrgyzstan has economic potential but social unrest and political instability have plagued this former Soviet country. The local currency is the som (KGS), which traded at KGS46.337 to US $1 in 2010. Primarily languages spoken include Kyrgyz and Russian.
The country is a republic, currently managed under the leadership of former Foreign Minister Roza Otunbayeva, following the ousting of President Kurmanbek Bakiyev in April 2010. Bakiyev was named president in 2005 but failed to maintain peace and stability within the country. The next elections are scheduled for October 2011.
Kyrgyzstan’s economy has struggled since declaring independence from Soviet rule in 1991, but governmental actions indicate that they continue to aspire towards becoming a free market economy. Agriculture plays an important role in Kyrgyzstan’s economy...