of December 19, 1991 No. UP-398
About creation of gold stock and fund of precious metals in the Republic Kyrgyzstan
The gold stock of the Republic Kyrgyzstan is one of essential economic conditions of its state sovereignty, necessary premises of broad attraction of foreign investments, and also creation of national currency.
However, despite gold mining in significant amount, in the republic there is no gold stock so far because gold-bearing raw materials were constantly exported from the republic contrary to its interests. Legal guarantees of protection of interests of the republic in this sphere are absent and now.
According to the Declaration on the state independence of the Republic Kyrgyzstan, for the purpose of streamlining of legal settlement of production and use of gold and other precious metals in the territory of the republic, and also I decide creations of its gold stock:
1. Determine that regulation of the relations connected with search, investigation, production, extraction, conversion, realization, and also storage of gold and other precious metals in the territory of the republic is under exclusive authority of the Republic Kyrgyzstan.
2. Form under the Ministry of Finance of the Republic Kyrgyzstan Upravleniye of precious metals, the State storage of values (Gokhran) of the Republic Kyrgyzstan and Inspection of assay supervision.
3. Determine that the legal entities and citizens who are engaged in production, conversion of products containing precious metals including secondary resources and waste and also production of products from them, perform the activities for special permissions (licenses) issued in accordance with the established procedure.
4. To the government of the Republic Kyrgyzstan:
start forming in the republic of gold stock and fund of precious metals;
provide acceptance and storage of gold, other precious metals conforming to the approved state standards since January, 1992;
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The document ceased to be valid since January 17, 2023 according to Item 1 of the Presidential decree of the Kyrgyz Republic of December 28, 2022 No. 408