Kyrgyzstan to Liquidate 19 Companies to Mitigate Sanctions Risks
4 Articles
4 Articles
"Toxic" companies are simply being liquidated. Kyrgyz authorities have forcibly closed 19 companies linked to evading EU and US sanctions against Russia, RBC-Ukraine reports, citing The Moscow Times. Kyrgyzstan is liquidating companies linked to Russia. Since the end of June, approximately 40 legal entities with elevated sanctions risks have been identified in the country, according to the Kyrgyz Ministry of Economy and Commerce. The decision to…
The authorities of Kyrgyzstan have initiated the forced liquidation of 19 legal entities because of increased sanctions risks, as reported by the Ministry of Economy and Commerce of the Republic, following a meeting chaired by the Special Representative of the President of Kyrgyzstan, which was attended by government officials, including the National Bank, as well as representatives of commercial banks; according to the Ministry, since the end o…
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