Furthermore, the Ministry of Economy clarified the situation regarding the domain name TRADECO.KG, which was previously under the control of the liquidated company. The agency reported that on October 1, 2024, the Open Joint Stock Company entered into a contract with the domain name registrar "Asia Info" for the registration of the domain for a period of one year. As a result of the company's liquidation and the expiration of this term, the renewal of the domain registration was not carried out.
An important point is that on October 17, 2025, an agreement was signed with the registrar "Asia Info" for the transfer of the domain name TRADECO.KG to another party. However, the registrar cannot disclose information about the new owner due to legal norms concerning confidentiality.
The Ministry of Economy emphasized that currently the Open Joint Stock Company "Trade Company of the Kyrgyz Republic" is not the owner of the domain TRADECO.KG, does not conduct activities through it, and is not responsible for the information posted on this resource.
Background of the Issue
The Cabinet of Ministers of the KR adopted order No. 499-r on August 23, 2024, to establish the "Trade Company" with 100% state participation in the authorized capital, with the Ministry of Economy and Commerce of the KR as the founder.
The company was created with the aim of monitoring trade flows involving Kyrgyz companies, but where goods do not enter the territory of the country. The main task of the company became the organization of this activity and control of financial operations related to such transactions. The statutory objectives of the company included international trade, organization and control of financial operations (including currency transfers and settlements with foreign counterparties), management of currency risks, and ensuring financial stability.
It is important to note that on September 4, 2024, the National Bank of the KR established a one-year restriction for financial organizations: they were prohibited from accepting payment orders and conducting settlements on contracts for goods, works, and services coming from foreign states or to foreign states without actual delivery to the territory of the KR—except for authorized state companies designated by the Cabinet of Ministers. However, this restriction did not apply to supplies to the territory of the country and electronic commerce for personal use.
In 2024, it was also reported that applications could be submitted through the website tradeco.kg. However, according to the current clarification from the Ministry of Economy, the Open Joint Stock Company does not manage the domain TRADECO.KG and is not responsible for its content.
