Russian President Vladimir Putin, after talks with Almazbek Atambayev, told about the economic support of
His statement to the press he began by saying that the meetings of the two presidents are regular. In February, they held meaningful talks in Bishkek, met in the capital of
«Almazbek Sharshenovich often comes to
He stressed that the current talks were traditionally held in a friendly and constructive atmosphere. The parties discussed all the most important issues on the bilateral agenda, touched upon topical regional and international issues. Together with members of governments, representatives of business circles of the two countries, the state of Russian-Kyrgyz relations in the trade and economic sphere was examined in detail. The parties noted with satisfaction that, generally, they have managed to overcome the recession in mutual trade caused by the unstable conjuncture in world markets.
In the first quarter of 2017, the volume of bilateral trade increased by 23 percent. Russian exports grew by 24 percent, imports from Kyrgyzstan by 15 percent. More than 2.5 times increased the supply of food and agricultural products.
To support the state budget of Kyrgyzstan, the Russian side annually provides $ 30 million. Starting from 2012, the total amount of such grants comprised $ 255 million.
Russia has allocated other $ 200 million for the adaptation of the Kyrgyz economy to the requirements of the Eurasian Economic Union.
Significant investments are coming to
A significant contribution to the economic development of Kyrgyzstan is made by the remittances of its citizens working in Russia. Last year, the volume of such transfers increased by almost 20 percent, amounted to almost $ 2 billion, or one third of the total Kyrgyz GDP.
At the talks, attention was paid to further development of contacts between the regions of our countries. Now about 70 regions of the