Kyrgyzstan - Latest News/Current Events, Economic Overview & Trade Relations
AEI | Quick Facts about Kyrgyzstan
| Official Name | Kyrgyz Republic |
| Capital | Bishkek |
| Location | Central Asia, west of China |
| Area | total: 198,500 sq km land: 191,300 sq km water: 7,200 sq km |
| Climate | dry continental to polar in high Tien Shan; subtropical in southwest (Fergana Valley); temperate in northern foothill zone |
| Terrain | peaks of Tien Shan and associated valleys and basins encompass entire nation |
Editor PicksBrowse Asia News Archive
Kyrgyzstan Constituents Visits Japan
Recently Kyrgyz companies as follows Akun, CardEx, Tumar Art Group and Studio of Tatyana Vorotnikova arrived in Tokyo to study Japanese experience and meet with potential business partners.
read full newsIndustrial Output Down 25 Percent
The latest report from the National Statistics Committee shows that the industrial production sector in Kyrgyzstan is crashing.
read full newsMuddied Look to Kyrgyz Power Deal
Russia looks to inject large amounts of money into Kyrgyzstan's power industry to relieve the energy shortages that constantly mars the Central Asian state.
read full newsKorea to Plan Kyrgyzstan State IT Net
Korea shall assist Kyrgyzstan in setting up an e-government system to increase the country's administrative efficiency and business environment
read full newsKyrgyzstan: to Give, it Seems the Kremlin Must First Take Away
In order to fill a promise to Kyrgyzstan, Russia's Kremlin is looking to take away $2 billion from an anonymous ally.
read full newsJapanese, Kyrgyz Business People Meet in Bishkek
During a Kyrgyz-Japanese business forum held in February, participants stated that there is potential for trade and economic relations that has not been fully exploited.
read full newsBrowse Asia News Archive
Trade Agreements
Armenia - Kyrgyz Free Trade Agreement
http://www.worldtradelaw.net/fta/agreements/kyrarmfta.pdf
CISFTA - Commonwealth of Independent States FTA
Belarus
Georgia
Moldova, Republic Of
UkraineNever fully implemented by all members, although Free Trade Area was created in 1999; future prospects unclear. http://www.worldtradelaw.net/fta/agreements/cisfta.pdf
Eurasian Economic Community Customs Union
The EAEC attempts substantial integration in post-soviet nations. It arose out of the CIS customs union as all the members were CIS members. The agreement strives to create a common market, customs union, standardized currency exchange, develop programs for social and economic development, a general energy market and several equal rights for citizens, including health care. The EAEC consists of an intergovernmental council, Secretariat, Commission of the Permanent Representatives, Interstate parliamentary assembly, Law Court, and Integration Committee. http://secretariat.efta.int/Web/ExternalRelations/PartnerCountries/Singapore
Kyrgyzstan - Kazakhstan Free Trade Agreement
http://www.worldtradelaw.net/fta/agreements/kyrmolfta.pdf
Kyrgyzstan - Moldova Free Trade Agreement
Moldova, Republic Ofhttp://www.worldtradelaw.net/fta/agreements/kyrmolfta.pdf
Kyrgyzstan - Russia Free Trade Agreement
http://www.worldtradelaw.net/fta/agreements/kyrrusfta.pdf
Kyrgyzstan - Russian Federation Free Trade Agreement
Free trade agreement between Kyrgyzstan and Russia
Kyrgyzstan - Ukraine Free Trade Agreement
Ukrainehttp://www.worldtradelaw.net/fta/agreements/kyrukrfta.pdf
Kyrgyzstan - Uzbekistan Free Trade Agreement
http://www.worldtradelaw.net/fta/agreements/kyruzbfta.pdf
US - Central Asian TIFA
The US-Central Asian TIFA will allow member countries to address trade issues and promote US trade and investment to Central Asia. It will open up a market of 55.9 million consumers to the United States. A Council was created with the agreement to promote an ongoing dialogue and open forum for countries improve trade relations.http://www.ustr.gov/assets/Trade_Agreements/TIFA/asset_upload_file683_7722.pdf
Trade Organizations
Economic Cooperation Organization (ECO)
The Economic Cooperation Organization (ECO) is an intergovernmental international organization involving ten Asian nations. It provides a platform to discuss ways to improve development and promote trade, and investment opportunities. The nations involved are Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan. The common objective is to establish a single market for goods and services, much like the European Union. ECO's secretariat and cultural department are located in Tehran, its economic bureau is in Turkey and its scientific bureau is situated in Pakistan.
Eurasian Economic Community (EuAsEC or EAEC)
The Eurasian Economic Community (EuAsEC or EAEC) is an intergovernmental organization of 6 nations and is also part of the CIS Customs Union. All members are also members of the older Commonwealth of Independent States.