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Acting Kyrgyz Foreign Minister Says No Re-Nationalizations

Prague, 12 April 2005 (RFE/RL) -- Acting Kyrgyz Foreign Minister Roza Otunbaeva said today during her visit to Moscow that the new Kyrgyz government has no intention of re-nationalizing state assets.

The assets were privatized following the collapse of the Soviet Union in late 1991.

A popular revolt ousted the government of President Askar Akaev late last month and the new government, made up mostly of opposition figures, has been working to restore order and assure allies of the country's stability.

Otunbaeva said revising privatization would mean throwing the country backwards at a time when Kyrgyzstan needs to move ahead.

She said the new Kyrgyz government would work to create favorable conditions for all foreign investors. (AFP)

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