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BISHKEK (TCA) — The Kyrgyz Government should pursue a tougher policy to defend the country's interests in the Eurasian Economic Union (EEU). Kyrgyzstan has 10 months of the transition period only and should use its advantage. Continue reading
BISHKEK (TCA) — European sanctions on Russia and Russian counter sanctions on Europe, as well as new sanctions of Russia on Turkey, have forced European and Turkish manufacturers to find new ways to stay in the Russian market. A new model of export oriented cooperation between Russia and former Soviet States is now taking shape with the purpose to produce in Russia and in several Eurasian Economic Union (EEU) member countries. The new initiative “Made with Italy” is being promoted by the Italian Ministry of Economic Development as a new way of transferring technological know-how and other forms of cooperation to countries that enjoy the benefits of their membership of the EEU and are free from any form of sanctions. Continue reading
BISHKEK (TCA) — The Russian-Kyrgyz Development Fund (RKDF) has launched a lending program for small and medium-sized enterprises through Kyrgyz commercial banks. For SMEs, the interest rate will be 5% per annum for up to $1 million loans. Continue reading
BISHKEK (TCA) — Weather forecasters predict a dry summer in Kyrgyzstan. Due to the unusually warm winter and early spring this year, field works will start before the planned time. The Government reported that there will be no risks for the harvest in 2016 because there is enough water in reservoirs and “everything is under control”. Continue reading
BISHKEK (TCA) — The subbotnik (community work day) held on March 12 in the Botanical Gardens in Bishkek served as a platform for the President of Kyrgyzstan Almazbek Atambayev to express his opinion on many hot issues discussed in the country. Continue reading
BISHKEK (TCA) — Back in 2014, then minister of economic affairs of Kazakhstan Kairat Kelimbetov stated at the Astana Economic Forum that the Eurasian Economic Union (EEU) in the course of its formation “is learning a lot from the European Union – not just from the latter’s successes, but also from its mistakes”. Today, that statement is being put to the test – especially concerning the admission of Kyrgyzstan and Armenia by the bloc’s three founding members: Russia, Belarus and Kazakhstan. Continue reading
