USD 84.79
EUR 98.70
RUB 1.20

Ministry of Economy tells about positive aspects of joining EEU

The Deputy Minister of Economy of Kyrgyzstan Eldar Abakirov told today at the presentation of the national report on human development about the positive aspects of the country’s accession to the Eurasian Economic Union.

Development of trade, especially export development, is a strategic priority for the development of the economy of Kyrgyzstan.

Only by increasing exports, the country can achieve the goals of improving the welfare of the population and reduce unemployment.

The most important results of Kyrgyzstan's accession to EEU were favorable conditions for migrants. Money transfers for 2016 increased by more than 18.5 percent — from $ 1,547 to $1,834 billion.

Eldar Abakirov

These funds directly go to domestic consumption, which also directly affects the development of trade in general and is an important source of investment capital.

With the support of the Russian side, within the framework of the allocated $ 200 million, necessary measures were taken to equip customs posts, checkpoints and laboratories with the necessary equipment. Additionally, work for the construction and equipping of 8 checkpoints is carried out at the expense of the state budget.

Phytosanitary control on the Kyrgyz-Kazakh section of the state border and customs escort of Kyrgyz carriers on the territory of Kazakhstan have been lifted.