Bilateral Relations - The Times Of Central Asia

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First Kyrgyz-British Strategic Dialogue Meeting Held in London

The first meeting of the Kyrgyz-British Strategic Dialogue was held in London on February 13, co-chaired by Kyrgyz Deputy Foreign Minister Meder Abakirov and UK Minister of State for Europe, North America, and Overseas Territories Stephen Doughty. According to the Kyrgyz Foreign Ministry, the meeting covered key areas of bilateral cooperation, including politics, security, trade, investment, finance, energy, sustainable development, culture, education, and tourism. Strengthening Bilateral Relations Abakirov emphasized the Strategic Dialogue as a new platform for deepening relations between the two countries. Meetings will be held regularly to advance cooperation. The first session focused on: Expanding trade and investment, attracting British investors to Kyrgyzstan, and increasing Kyrgyz exports to the UK. Enhancing education and scientific exchanges, including scholarship programs and digital education projects. Joint initiatives in the green economy, climate change, and sustainable development. UK-Kyrgyzstan Trade and Investment Growth The UK is a key economic partner for Kyrgyzstan. In 2024, total bilateral trade reached £144 million, a 73.5% increase from the previous year. Since June 2023, Kyrgyzstan has been part of the UK’s Developing Countries Trade Scheme (DCTS), which grants preferential or duty-free access to the UK market for around 8,000 Kyrgyz products. In December 2024, the UK Export Finance (UKEF) agency approved a £1.8 billion soft loan to support sectoral projects in Kyrgyzstan. The British government has also pledged funding for the development of Kyrgyzstan’s national strategy on critical minerals. This project is being carried out by Boston Consulting Group, which is also leading efforts to digitize Kyrgyzstan’s geological data, a move expected to attract further investment in the mining sector. Additionally, negotiations have begun with the London Stock Exchange to prepare Kyrgyz state-owned companies for initial public offerings (IPOs).

Bilateral Relations Agricultural Export economic Agriculture China

Kyrgyzstan to Export Agricultural Products to China

On February 6, in Beijing, Kyrgyzstan’s Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobayev, and China’s Head of the General Administration of Customs, Sun Meijun, signed protocols allowing the export of Kyrgyz agricultural products to China. The approved goods include beans, wool, cashmere, poultry meat, and offal. Torobayev emphasized that these agreements represent an important step forward in strengthening trade and economic ties between Kyrgyzstan and China. According to the Kyrgyz Ministry of Water Resources, Agriculture, and Processing Industry, trade turnover between the two countries nearly tripled from 2019 to 2023, reaching $5.433 billion - a 31.6% increase from 2022. In January-November 2024, bilateral trade continued to grow, rising by 6.9%. The Kyrgyz minister expressed optimism about the early signing of additional export protocols for dried fruits, fresh fruits, vegetables, berries, raw cattle hides, and heat-treated meat. "We are confident that these goods will be in demand in the Chinese market," he stated. To facilitate trade, Torobayev proposed establishing a Chinese certification body’s representative office in Kyrgyzstan to simplify the certification process for Kyrgyz exports to China. During his visit to Beijing, Torobayev also met with Jilin Teyan Biotechnology Co., Ltd., a Chinese manufacturer of veterinary vaccines, to discuss the supply of vaccines to Kyrgyzstan. The company expressed interest in building a vaccine production plant in Kyrgyzstan to manufacture treatments for cattle and poultry diseases. These discussions took place as part of Kyrgyz President Sadyr Japarov’s state visit to China from February 4 to 7. During a meeting on February 5, Chinese President Xi Jinping reaffirmed China’s commitment to expanding economic, trade, and investment cooperation with Kyrgyzstan and expressed China’s willingness to import more high-quality agricultural products from the country.

Employment Bilateral Relations Migrant Workers Labour market

Slovakia Opens Job Opportunities for Kyrgyz Bus Drivers

The Center for Employment of Citizens Abroad, operating under the Ministry of Labor, Social Security, and Migration of Kyrgyzstan, has begun registering candidates for bus driver positions in Slovakia. The Center has signed an agreement with INDEX NOSLUS s.r.o., a Slovak company specializing in human resources management and international recruitment. “This agreement aims to strengthen bilateral ties in labor migration and create reliable conditions for Kyrgyz citizens working in Slovakia,” the Employment Center stated. Kyrgyz authorities believe the partnership will significantly increase the number of legal employment opportunities for Kyrgyz workers while ensuring transparent hiring conditions and social security protections. Plans include the development of joint programs for recruitment, training, and worker support. As part of the current recruitment process, the Employment Center will invite 50 candidates, from which 15 will be selected to work for a Slovak transportation company. Applicants must be Kyrgyz citizens between 22 and 50 years old, have experience in passenger transport, and possess a clean criminal record and no chronic illnesses. According to Slovak employment terms, workers will be paid €7.40 per hour, resulting in an average net monthly income of approximately €1,200. The Kyrgyz authorities guarantee official employment registration and social protections for those hired. Six months ago, Speaker of the Jogorku Kenesh, Nurlanbek Shakiev, met with Kyrgyz labor migrants in Slovakia during an official visit. According to Shakiev, an estimated 4,000 Kyrgyz citizens are currently employed in Slovakia. Kyrgyz officials are also considering the opening of an embassy in Slovakia to support and protect the interests of Kyrgyz nationals working there. In addition to Slovakia, the United Kingdom and Italy have also signed official agreements with Kyrgyzstan for seasonal employment programs. Today, tens of thousands of Kyrgyz workers are employed in these countries.

Parliament Economic Cooperation Bilateral Relations Bilateral Trade

Kazakhstan’s Parliament Approves Regulations for the Central Asia International Industrial Cooperation Center with Uzbekistan

On February 5, the Mazhilis, the lower house of Kazakhstan’s parliament, approved an agreement between the governments of Kazakhstan and Uzbekistan on regulations for the Central Asia International Center for Industrial Cooperation. According to Kazakhstan’s Ministry of Trade and Integration, the industrial center will be built along the border of the two countries, near the Gulistan checkpoint in Uzbekistan and the Atameken checkpoint in Kazakhstan. The complex will include: Industrial production facilities Warehouses Transport infrastructure The center aims to: Accelerate cargo transportation Reduce logistics costs Streamline supply chains Lower product costs for consumers Enhance industrial cooperation between Kazakhstan and Uzbekistan as part of the North-South corridor Kazakhstan’s Minister of Trade and Integration, Arman Shakkaliyev, informed parliament that the industrial center will cover 100 hectares, with 50 hectares on each country’s side. Part of the center will receive regional industrial zone status. Construction is expected to be completed by the fourth quarter of 2026, with an official opening planned for the first half of 2027. Uzbekistan is one of Kazakhstan’s largest economic and trading partners, and both countries aim to increase bilateral trade to $10 billion annually in the medium term.

China Bilateral Relations Sports Economic Cooperation

Guest Opinion: The View From China on Kyrgyzstan

The 9th Asian Winter Games will kick off in Harbin on February 7, 2025. According to the organizing committee, 1,275 athletes from 34 Asian countries and regions have registered to compete, making it the largest event in the event’s history. The record-high participation partly reflects the growing appeal of winter sports across Asia and showcases the continent’s diversity and unity. Among those attending the event is the delegation from Kyrgyzstan, which is sending around 50 athletes to compete in biathlon, alpine skiing, figure skating, ice hockey, and curling. As this edition of the Asian Winter Games is set to open, the spotlight is not just on the athletes from across the continent, but also on the broader regional ties the event symbolizes. Indeed, in a world where the level of geopolitical uncertainties is high, some partnerships stand the test of time. At the invitation of Chinese President Xi Jinping, Kyrgyz President Sadyr Japarov will pay a state visit to China from February 4 to 7. Over the past three decades or so, China and Kyrgyzstan have navigated global challenges while steadily strengthening their ties. Through frequent high-level exchanges and growing cooperation across multiple sectors, the two nations have built a bond that’s only grown stronger over the past three decades. At the heart of this partnership are Chinese President Xi Jinping and Kyrgyz President Sadyr Japarov, whose meetings over the years have deepened mutual trust. Back in February 2022, Japarov visited China to attend the Beijing Winter Olympics opening ceremony and held talks with Xi. Later that year, in September, they met again at the Shanghai Cooperation Organization (SCO) Summit in Samarkand. In 2023, Japarov made a state visit to China and attended the China-Central Asia Summit. It was during this visit that both nations decided to elevate their ties to a comprehensive strategic partnership for a new era. Their most recent bilateral meeting took place in July 2024 during the SCO Summit, with Japarov's state visit to China now taking place from February 4 to 7. Economic Ties China has consistently been Kyrgyzstan's top trading partner - primary import-based - and biggest investor. The two nations continue to strengthen cooperation in energy, transportation, and agriculture, driving regional economic integration. Chinese enterprises in construction, oil refining, cement, and mining have been investing in Kyrgyzstan over the years, and their investments yield tangible results. Trade between China and Kyrgyzstan has been on an upward trajectory. From January to November 2024, bilateral trade reached $19.86 billion, an 11% increase year-on-year, showcasing a positive trend in economic cooperation. A long-anticipated project, the China-Kyrgyzstan-Uzbekistan (CKU) railway, has finally moved from vision to reality. Once completed, this railway will serve as a crucial trade corridor, enhancing regional connectivity and providing a major boost to Kyrgyzstan’s economic development. Additionally, the partial opening of the Bedel Pass, increasing direct flights between Chinese and Kyrgyz cities, and improved cross-border transportation all contribute to smoother trade and travel between the two countries. Chinese-funded infrastructure projects, such as road network...

Bilateral Relations Foreign Investment Bilateral Cooperation State Visit Sadyr Japarov

Kyrgyzstan Raises First Sovereign Bond to Mitigate China’s Growing Influence

On February 4, Kyrgyz president Sadyr Japarov embarked on a four-day state visit to China, visiting Beijing and the northern city of Harbin for the opening ceremony of the 2025 Asian Winter Games. The visit comes against a backdrop of increasing engagement between Bishkek and Beijing. Temur Umarov, a fellow at the Carnegie Russia Eurasia Center, says that certain groups within the government are worried about an overreliance on China. “This is the problem of the current political leadership,” Umarov says. “They want to do more with China … they want to have more investment from China, but they have this debt that they inherited from the previous administrations.” Indeed, 36.7% of Kyrgyzstan’s foreign debt is now owed to the Export-Import Bank of China (Exim Bank), Beijing’s state-run lender which traditionally deals with foreign investments. China is also responsible for 46% of Kyrgyzstan’s foreign trade. With Russia hemorrhaging influence in the region amid its ongoing war in Ukraine, accessing new sources of investment has risen up the agenda in Bishkek. The Name’s Bond A key plank of these diversification attempts was put forward on January 13, when the Minister of Economy and Commerce, Bakyt Sydykov, announced plans to raise $1.7 billion through the sale of ten-year sovereign bonds in Hong Kong. “The country intends to tap into the international market for the first time,” Sydykov said. “We want to use Hong Kong’s role as a financial center to attract more potential investors, probably more diversified investors.” For Iskender Sharsheyev, an economist, this turn to the global markets cannot come soon enough. “This should have happened thirty years ago,” he says. Sharsheyev notes that the groundwork has been laid over the last few years, with ratings agency Moody’s reaffirming its B3 credit rating last year and projecting a “stable” outlook for the country. The yield of these bonds has yet to be announced, although Sharsheyev expects it to be reasonably high. “We expect that [the yield] will be worse for our country than for other countries, because, firstly, we are just entering. Secondly, the new flow of cash into the country could create risks; it can also spur inflation.” However, the high yield and the risk is seen as worth the cost. “The bond offering is an example of how Kyrgyzstan is trying to balance out its debt portfolio and have diversified ties with different creditors,” says Umarov. He notes that this mirrors a trend seen across Central Asia, where bonds have not traditionally been used as a means of fundraising but have become increasingly popular over recent years. In October 2024, Kazakhstan issued its first dollar-denominated Eurobond since 2015, the 10-year bond raising $1.5 billion with a yield of 4.714%. Sharsheyev believes that some of the proceeds of the bond sale will be used specifically to head off debts to Beijing. “China is the main [source of] pressure. To maintain sovereignty, we have begun to service the external debt. Our country has spent an average of $400-500 million on paying...