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Two years in EEU. Prime Minister of Kyrgyzstan speaks about pros and cons

Today at the meeting of the intergovernmental council of the EEU the Prime Minister of the Kyrgyz Republic Sooronbai Jeenbekov spoke about the pros and cons of the association.

According to him, the meeting is of special importance, since the other day Kyrgyzstan celebrated the two-year anniversary of full membership in the Eurasian Economic Union. «Since the beginning of this year, the country’s economy demonstrates a positive growth dynamics, which according to the results of the first half of the year amounted to 6.4 percent. One of the favorable factors that contributed to the improvement of this indicator was the restoration of economic growth in the EEU countries,» Sooronbai Jeenbekov explained.

Summing up the results of the KR’s participation in the EEU, we can say with certainty that the country managed to overcome the risks of the economic recession during the adaptation of the country’s economy to new integration conditions and rules, he noted.

«And this is despite the negative impact of external shocks and despite the gloomiest projections. Thus, according to preliminary data, for January-June of this year the volume of mutual trade with the EEU countries increased by 12.2 percent. At the same time, exports to the EEU countries increased by 29.6 percent, and imports by 7.3 percent,» the head of the Kyrgyz government said.