Interfax :: Kyrgyzstan 03.11.2004 15:32:00 GMT Kyrgyz parliament against privatizing Kyrgyztelecom Bishkek. (Interfax) - The deputies of the Kyrgyz parliament's lower house are speaking against the privatization of national communications operator Kyrgyztelecom and asking the legislative assembly, the upper house, to support their initiative to halt the process. The lower house press service told Interfax the parliamentary committee for the strategic development of industry and entrepreneurship maintains that there were violations of law during the tender for 51% of the state's stock in Kyrgyztelecom to a foreign investor. The committee also holds that it would not be advantageous to sell the stock to a foreign investor because Kyrgyztelecom currently operates at a profit and company revenue increases annually. &quot;Why sell the goose that lays the golden eggs?&quot; committee chair Dzhanysh Rustenbekov asked the lower house on Tuesday. The committee wants to set up a commission involving representatives from both houses and the government to discuss the benefits or lack thereof in privatizing Kyrgyztelecom. It need not be, since the issue was decided in 2001, chair of the state committee for managing state property Ravshan Zheenbekov said. Continuing the company's privatization, which was suspended this past summer, was approved by both houses and the government. But if parliament decides to suspend and study the sale, the government will of course be involved, he said. Kyrgyz parliament against privatizing Kyrgyztelecom Kyrgyzstan needs solid financial foundation for municipalities Aayev Kyrgyz 2005 budget planned with deficit of 0.5% of GDP Kyrgyz border service gives diploma to Interfax bureau President says Kyrgyz economy shows sustained development Kyrgyz president wants GDP to grow 7-10% a year Kyrgyz opposition protests energy industry privatization Paris Club eyeing $550 mln Kyrgyz debt write-off, Bishkek says Left-wingers walk out of parliament in Kyrgyzstan Kyrgyz inflation 0.2% in Jan-Sept 1 2 3 4 5 6 7 8 9 10 Armenia | Azerbaijan | Belarus | Estonia | China | Czech Republic | Georgia | Hungary | Kazakhstan | Kyrgyzstan Latvia | Lithuania | Moldova | Poland | Russia | Slovakia | Tajikistan | Turkmenistan | Ukraine | Uzbekistan 1991-2004 Interfax Information Services. All rights reserved. News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax. Armenia<a href="/keyword/armenia-azerbaijan/" >armenia az...