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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
BISHKEK (TCA) — The Kyrgyz Government has reported on measures taken to ensure economic growth and job creation. In 2016, Kyrgyzstan expects a GDP growth of 5.2%. However, many companies continue to experience difficulties, and some of them face a threat of production stoppage. Continue reading
BISHKEK (TCA) — If the country lacks generation capacity it is necessary to increase electricity import, Kyrgyzstan Prime Minister Temir Sariyev said on February 26 at the Government meeting to consider an anti-crisis program developed by the Economy Ministry and measures to support business in the current difficult economic conditions. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) is stepping up its support for small businesses in the Kyrgyz Republic with a new loan in the local currency, som, to First MicroCredit Company (FMCC). Continue reading
OSH, Kyrgyzstan (TCA) — The 12th Annual International Agriculture Expo, Silk Road 2016, is taking place between February 25 and 27 in the city of Osh in southern Kyrgyzstan. The JerAzygy Association of Agro Businessmen of Kyrgyzstan organized the expo with the support from the United States through the US Agency for International Development (USAID) to boost agricultural production and promote trade through exchange of ideas and technologies. Continue reading
BISHKEK (TCA) — The Global Firepower Military Ranks-2016, which includes 126 countries ranked by military strength, ranks Uzbekistan as the strongest among Central Asia countries (54th), followed by Kazakhstan (66th), Kyrgyzstan (78th), Tajikistan (81st), and Turkmenistan (90th). Continue reading
