Open figure viewer
Significance
Officials in Kyrgyzstan have complained that the Moscow-led Eurasian Economic Union (EEU) has created problems instead of improving trade and investment prospects. Russia's recession has led to reduced inward investment and migrant remittances for Kyrgyzstan. In the new government appointed in April, the only major change was the prime minister.
Impacts
The government will attempt to revive economic ties trade with China since the EEU has proved to be no substitute.
China may offer new loans as Russia can no longer afford 'political' assistance.
The problems Kyrgyzstan has encountered with EEU accession may deter would-be member Tajikistan.
Keywords:
Kyrgyzstan,
RUCIS,
Kazakhstan,
Russia,
economy,
industry,
politics,
capital flows,
debt,
fiscal,
foreign investment,
foreign trade,
government,
agriculture,
exchange rate,
prices
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2016
You do not currently have access to this content.
