Japarov Signs Law Confirming Kazakhstan's Ownership of Issyk-Kul Resorts
Photo: ChatGPT AI Generated
Kyrgyzstan's President Sadyr Japarov has signed a law ratifying two bilateral agreements with Kazakhstan regarding the ownership and lease terms of Kazakhstan-owned resorts on the shores of Lake Issyk-Kul, Orda.kz reports, citing Tazabek.
The agreements, originally signed in 2006 and 2009, reaffirm that while the land remains under Kyrgyz jurisdiction through a lease arrangement, the resort properties themselves are the legal property of Kazakhstan.
Under the agreements, Kazakhstan retains ownership of the following facilities:
- Olympus Center (formerly the Avtomobilist Kazakhstana holiday home, Korumdu village)
- Samal Rest House (Bosteri village)
- Kazakhstan Sanatorium (Cholpon-Ata)
- University Camp (Bosteri village)
The ratification ensures legal security for the operation of these resorts, while also preserving Kyrgyzstan’s control over the land they occupy.
Original Author: Zhadra Zhulmukhametova
Latest news
- Kazakhstan’s People’s Party Gets New Leader Ahead Of Kurultai Elections
- Kazakhstan To Check All Plastic Surgery Clinics After Patient Deaths
- Kazakhstan Proposes Extending Beef Export Limits For Another Six Months
- Almaty To Open Public Debate On Ecology In New Master Plan
- Kyrgyzstan Gasoline Shortage Raises Smuggling Risk For Kazakhstan
- Kazakhstan Meets Most Food Needs But Import Gaps Remain
- Kazakhstan May Require Younger Students To Hand In Smartphones During Classes
- Is Kazakhstan’s New Adilet Party Entering Atameken’s Field With Its Own Business Council?
- National Bank Says Digital Tenge Is Helping Kazakhstan Track Public Spending
- Kazakhstan Made New Tenge Bills Smaller To Fit Wallets And Cut Costs
- Kazakhstan Could Host One-Gigawatt AI Data Center From Singaporean Investor
- Kazakhstan Says Gas Supplies Are Stable After Karachaganak Output Cut
- Every Child in Kazakhstan Has Earned $370 From the National Fund
- UAE and Kazakhstan Sign Mutual Driver's License Recognition Deal
- Kazakhstan Updates Subsidies for Green Vehicle Producers
- West Kazakhstan To Spend Billions On Waste: What Will Change By 2030?
- EAEU May Extend Zero Fuel Duties as Russian Refineries Struggle
- Kazakhstan Bans Electric Scooters From Sidewalks
- Open Competition Now Required for Airport Commercial Space in Kazakhstan
- Kazakhstan Completes Key Drilling Stage for Caspian Underwater Internet Cable
