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Kyrgyz currency weakens as oil prices push rouble and tenge down

BISHKEK (TCA) — Yesterday, January 11, the exchange rate of the Kyrgyz currency, the som, weakened against the US dollar, to 76.3 soms per $1, against the background of the weakening Kazakh tenge and Russian rouble. Continue reading

Unspoilt nature and visa-free regime attract tourists to Kyrgyzstan

BISHKEK (TCA) — The Financial Times has included Kyrgyzstan in the list of countries recommended for travel in 2016, along with Sri Lanka, Peru, Brazil, Cuba, and South Africa. Continue reading

Kyrgyzstan in 2015 and into 2016: hopes and headaches*

BISHKEK (TCA) — Defending the frontier with Afghanistan has become top priority for the three former Soviet republics bordering it in 2015. Whether that frontier could become a frontline or not depends on how much the other two are ready to contribute and how much stability they can maintain to do so. For Kyrgyzstan, the year 2015 is most likely to go into history as the year of the new revolution that never happened and the remarkable survival and strengthening of its parliamentary rule. It was, remarkably, much due to the personal input of President Atambayev, who is behind the party that has the largest faction in both the previous and the new parliament, that dark prophecies of “destabilisation” and “economic failure” failed to materialize, making Kyrgyzstan’s model go in the direction of the French than e.g. of the British one. Given the geopolitical and economic challenges in the region, this may well be a favourable option. Continue reading

Central Asia: a different kind of threat

BISHKEK (TCA) — Here below is an analysis by Stratfor’s analyst Eugene Chausovsky that explores the past, present and future of the confrontation between Russia and the West on the Eurasian landmass. This article is focused on Central Asia.     Continue reading

Kyrgyzstan chooses route for railway to China

BISHKEK (TCA) — After the China-Kyrgyzstan-Uzbekistan railway is constructed, Kyrgyzstan will have access to sea and become a transit country, Prime Minister of Kyrgyzstan Temir Sariyev said on Kyrgyz national radio this week. Currently, the railway track gauge is being discussed with the Chinese side, he added. Continue reading

Kyrgyzstan to develop its hydro power potential

BISHKEK (TCA) — Kyrgyzstan will focus on developing its hydro energy potential, the country’s Prime Minister Temir Sariyev said in a national radio program on January 5, the Government’s press service reported.     Continue reading