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Parliament starts denunciation of agreement with Kazakhstan

The Parliament in the first reading decided to denounce the agreement with Kazakhstan on the provision of technical assistance of $ 100 million. 108 deputies voted for termination of the agreement.

Under the agreement, the Kazakh side was supposed to render assistance equivalent to $ 100 million to facilitate the integration of Kyrgyzstan into the Eurasian Economic Union. The first tranche of $ 41 million was to be received last week.

The government of Kyrgyzstan explained denunciation by the fact that an agreement with Kazakhstan on assistance within EEU was signed in December 2016. In August 2017, the parties signed a detailed list of technical assistance activities for $ 41 million. In the future, it was planned that assistance would be provided depending on agreed budgets for subsequent financing. Taking into account the fact that no assistance has been provided to the Kyrgyz side, the decision to denounce it has been taken.