• KGS/USD = 0.01118 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09131 0%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01118 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09131 0%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 4

Import of Chinese Cars to Kyrgyzstan Surges, with Russia as Final Destination

A total of 57,000 cars were imported into Kyrgyzstan from China from January-November 2023, according to China’s customs statistics, more than a 49-fold increase compared to the 1,200 vehicles imported from January-November 2022. In monetary terms, imports increased 62-fold, and the average car price increased by over 25% - up to $29,700. In November, the official website of the State Council of the People's Republic of China reported that exports of cars through the land port in the Kizilsu Kyrgyz Autonomous Prefecture in western Xinjiang (bordering Kyrgyzstan) has surged about fourfold this year to reach 35,000. According to the port management committee, nearly 80% of those cars were new energy vehicles. Chinese vehicles are mainly exported to Russia via Central Asian countries, Chinese officials say. Since the introduction of Western sanctions against Russia over its invasion of Ukraine, China has become the main supplier of new cars to the Russian Federation, accounting for about 80% of all imports.

Central Asia and Turkey’s repentance: too early for Turkish delight

LONDON (TCA) — Recep Erdoğan’s “mea culpa” and his attempts to get Turkey back on the political scene have been met with mild tolerance – but with less enthusiasm than he might have hoped for. The maneuver could restore “business as usual” between the former USSR and Turkey, but the latter is now under close watch by virtually everybody and “rebuilding mutual trust” is no matter of words but of deeds, the ball remaining in Turkey’s camp. Continue reading

Central Asia and Russian and European sanctions: manufacturing locally with a foreign partner

BISHKEK (TCA) — Recently an Italian delegation was in Kazakhstan to find ways and means to cooperate with Kazakh companies to produce in Kazakhstan with Italy as the main partner for the export to Russia. A similar trend is in process in Kyrgyzstan, while European and Turkish companies are already very active in developing new joint ventures with manufacturing and processing plants in Russia, Belarus and other countries. The objective is everywhere the same — a continuation of business relations and trade with the important market of Russia. European exporters are fully aware of the damage they have been suffering in the last 18 months following the European sanctions and Russian counter sanctions, and they are trying to keep the business relations built during many years of cooperation with the Russian market. Continue reading

Kazakhstan and EU agree to extend cooperation

ASTANA (TCA) — Kazakhstan President Nursultan Nazarbayev met with European Commission President Jean-Claude Juncker in Brussels on March 30. The meeting focused on ratification of the EU-Kazakhstan Enhanced Partnership and Cooperation Agreement signed in December 2015 and sanctions against Russia that affect Kazakhstan, RFE/RL reported.   Continue reading

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