Kyrgyzstan Wrong to Cede Control of Mineral Resources – MP

Roza Otunbaeva, head of the parliamentary commission for mineral reserves, says she believes the Kyrgyz government has abdicated its responsibilities by allowing foreign investors to have too much control over its gold and other mineral reserves .

Tuesday, 22 September, 2009

IWPR

Institute for War & Peace Reporting

Kyrgyzstan Wrong to Cede Control of Mineral Resources – MP

Roza Otunbaeva, head of the parliamentary commission for mineral reserves, says she believes the Kyrgyz government has abdicated its responsibilities by allowing foreign investors to have too much control over its gold and other mineral reserves .

Interviewed by IWPR reporter Nurlan Abdaliev the former foreign minister said, “I think it’s intolerable to sweep away the role of the state when it’s already so much reduced… and when it has excluded itself.”

Even so, she said, “I don’t think nationalisation is needed at the moment.”

Otunbaeva says the authorities were right to bring in foreign investors to develop Kyrgyzstan’s gold and other mineral reserves, since the country lacked the resources and know-how to do so itself.

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