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Author: Tursunbai Sydykov
Kyrgyzstan exported 724 kilograms of silver to Hong Kong from January through August 2023, Trend reports. Data from the National Statistical Committee of the country indicates that all silver exports from Kyrgyzstan during this period went to Hong Kong. The total value of these exports amounted to $794,000. These export supplies exceeded the total volume of silver exports for the entire year of 2022, which was 707 kilograms valued at $543,000. In 2022, Kyrgyz gold was almost equally divided between Russia and Türkiye. Kyrgyzstan’s foreign trade turnover reached $9.407 billion from January through August 2023, which is an increase of 27.3 percent…
The Kyrgyz Republic once again expresses support for the sovereignty and territorial integrity of Azerbaijan, the Ministry of Foreign Affairs of Kyrgyzstan said, News.az reports. “Strongly advocating the inviolability of internationally recognized borders, the Kyrgyz Republic calls for the settlement of all issues through political and diplomatic means in accordance with the UN Charter and the fundamental principles and norms of international law”, the MFA statement reads. Meanwhile, Armenian separatists held the so-called “presidential elections” in Azerbaijan’s Karabakh on September 9. Earlier, the Azerbaijani Foreign Ministry called on the international community to strongly condemn the so-called “elections”. As noted in the statement…
Enterprises affiliated with the Belarusian timber, woodworking, pulp and paper industry concern Bellesbumprom almost doubled their exports to Kyrgyzstan in the first half of 2023, BelTA learned from Bellesbumprom’s press service. “The Bellesbumprom enterprises are successfully developing trade and economic cooperation with partners from Kyrgyzstan. In H1 2023 the export to the country grew almost twofold compared with the same stretch a year ago. Exports include board products, furniture, paper and cardboard, as well as products made of them, and plywood,” the press service said. Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Bakyt Torobaev is currently on a…
This article is authored by Anisree Suresh, associate – research & client management, CPPR. In the 21st century, energy is an important tool that shapes geopolitics and controls the geoeconomics of countries. Central Asia has emerged in recent years as an alternate energy source for countries like China and India as their growing populations require uninterrupted access to energy for sustained economic growth. The increasing demand for natural gas is anticipated to stimulate the expansion of the Central Asian oil and gas market. The Shanghai Cooperation Organisation (SCO) member states collectively possess approximately 25% of the world’s oil reserves, over…
Minister of Foreign Affairs of the Kyrgyz Republic Jeenbek Kulubaev met with Executive Director of the Eastern Committee of the German Economy Michael Harms, Azernews reports, citing Kabar. According to the press service of the Ministry of Foreign Affairs of the Kyrgyz Republic, the meeting took place yesterday in Berlin. The sides stated that recently active economic cooperation between Kyrgyzstan and Germany has been established, which has resulted in a significant increase in trade between the countries, as well as investments from Germany to Kyrgyzstan. The results of the visit of the economic delegation of Germany to the Kyrgyz Republic,…
In January-July of this year, the volume of foreign trade turnover between Kyrgyzstan and Uzbekistan reached USD 623.2 million, according to data of the Agency on Statistics under the President of the Republic of Uzbekistan, Azernews reports, citing Kabar. Export from Kyrgyzstan to Uzbekistan amounted to USD 159.5 million, Import from Uzbekistan to the Kyrgyz Republic – at the level of USD 463.7 million. Kyrgyzstan and Uzbekistan intend to increase the volume of mutual trade up to USD 2 billion. This was emphasized at the recent Kyrgyz-Uzbek intergovernmental commission in Cholpon-Ata. In January-July, the volume of foreign trade of Uzbekistan…
ALMATY, Kazakhstan — In a picture distributed by Kyrgyzstan’s National Security Committee following his arrest, Askar Kubanychbek-uulu can be seen posing for a selfie sporting a baseball cap and military fatigues. Next to him is another man wearing the blue-and-white-striped “telnyashka” undershirt widely associated with the Russian military. The photo was likely taken in the Russian-occupied Ukrainian region of Luhansk after the Kyrgyz citizen signed up to fight in Moscow’s war in Ukraine in the summer of 2022. Kubanychbek-uulu is presently far away from the front line, serving a 10-year sentence in a penitentiary in Kyrgyzstan’s capital, Bishkek, on charges…
Kyrgyzstan has the opportunity to meet specific needs of the German market with environmentally friendly agricultural products and food items, Head of the Cabinet of Ministers of Kyrgyzstan, Akylbek Japarov, said during a meeting with a delegation from Germany, led by Roland Weigert, State Secretary at the Bavarian Ministry of Economic Affairs, Regional Development and Energy, Trend reports. Japarov emphasized that Kyrgyzstan is committed to developing the production of ecologically clean agricultural products. In turn, Weigert highlighted the leading positions of Bavarian companies in various industries, including information and communication technology, pharmaceuticals, medical equipment, biotechnology, environmental technologies, chemistry, aviation, automobile…
Kyrgyzstan aims to use Türkiye’s experience in the field of green energy to foster the development of its own green sector, Trend reports. The issue was discussed at the meeting of the Ambassador of the Kyrgyzstan to Türkiye, Ruslan Kazakbaev, with the Turkish Minister of Environment, Mehmet Özhaseki. During the meeting, Ambassador Kazakbaev said that the Kyrgyz side is interested in implementing green projects in Kyrgyzstan with Turkish assistance, particularly in the energy sector. Additionally, Kazakbaev proposed to Türkiye cooperation and exchange of expertise in the field of urban development. In response, Minister Ozhaseki confirmed Türkiye’s readiness for collaboration in…
AD Ports Group signed two agreements with the Government of Kyrgyzstan to promote trade and strengthen economic ties with the Central Asian nation. Under the first agreement, the Ministry of Economy and Commerce has entered negotiations with AD Ports Group to secure more than 300,000 sq. meters of land within the Khalifa Economic Zone Abu Dhabi (KEZAD) to develop and operate a logistics hub and customs area. Based within KEZAD’s Free Zone, the project will facilitate the import and export of cargo to and from the Kyrgyz Republic. Under the second agreement, Maqta Gateway will initiate a strategy for the…