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Kyrgyzstan to pay off debt to China by agreement

Kyrgyzstan will repay the debt to China by agreement. The Ambassador of China to the Kyrgyz Republic Xiao Qinghua said today at a press conference.

«Chinese loans are preferential. We know that Kyrgyzstan used them at a profit. Return of loans will be only within the framework of the agreement. China has no other requirements,» the Ambassador said.

Recall, according to the Ministry of Finance, the Kyrgyzstan’s debt to the Export-Import Bank of China is $ 1,711 billion, or 41.3 percent of the total external debt of the country.

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