Sanctions against Russia affect Kazakhstan

Baku, Azerbaijan, Oct. 20
By Aygun Badalova - Trend:

Western sanctions against Russia are affecting Kazakhstan, which is the member of the Customs Union, and lead to the country's loss of enthusiasm toward this organization, an expert on Central Asia and Senior Correspondent at Radio Free Europe/Radio Liberty Bruce Pannier told Trend.

"The sanctions against Russia are already having an effect on Kazakhstan and it is possible to see enthusiasm in Astana waning," he said.

Pannier said that Kazakh officials started looking for alternate export routes, especially for oil.

"That certainly won't help integrate trade with the Eurasian Economic Union (EEU) countries since the likely alternative routes are through the Caucasus and China," Pannier said.

The Eurasian Economic Union is an economic union which is planned to be established by a treaty signed in May 2014 between the leaders of Belarus, Kazakhstan, and Russia. All the three countries have already ratified the agreement on its creation. The Union will officially go into effect on 1 January 2015.

It will be based on the Customs Union and the Common Economic Space, which were established amid these countries in 2010 and 2012, respectively.

Under the treaty, member countries agree to guarantee the free flow of goods, services, capital and labor, and to implement a coordinated policy in the energy, industrial, agricultural and transport sectors across the union.

The republics of Kyrgyzstan and Tajikistan have also expressed interest in joining the Union.

Kyrgyz government has recently approved the roadmap for the country's accession into the Common Economic Space (CES), which is another step towards Kyrgyzstan's entering the Eurasian Economic Union.

Pannier said that Kyrgyzstan is still planning on joining the EEU next year.
"Government officials are publicly in favor of joining the EEU but many merchants in Kyrgyzstan are not sure because it will complicate their trade with China," he said.

"Chinese goods, as non-EEU goods, would have extra tariffs and duties placed on them, increasing the price in Kyrgyzstan and making it more difficult to re-export them to neighboring Kazakhstan, for example," Pannier added.

With regard to Tajikistan's joining the EEU, Pannier believes that the country does not have much of a choice.

"Russia has so much influence in Tajikistan that Dushanbe is almost obligated to join, but in any case I think for Tajikistan if there is any chance at all of receiving goods, particularly Russian oil/gasoline, at slightly discounter prices Dushanbe would be glad to join," he said.

There certainly will not be the sort of debate in Tajikistan about joining the EEU that we've seen in Kyrgyzstan, Pannier believes.

"The date for Tajikistan's entry into the EEU is still not clear but the Tajik government seems to feel the sooner the country joins the Union, the better," he said.

Kazakhstan sees decrease in mutual trade with Kyrgyzstan over 11M2020
Kazakhstan sees decrease in mutual trade with Kyrgyzstan over 11M2020
New flight from Bishkek to Kuwait to be open in February
New flight from Bishkek to Kuwait to be open in February
Kazakhstan sees decrease in exports to EAEU countries
Kazakhstan sees decrease in exports to EAEU countries
Loading Bars
Latest
Kazakhstan bans import of Azerbaijani tomatoes
Review of Georgian exports to China
Azerbaijani troops hold several events in connection with January 20 tragedy (PHOTO/VIDEO)
Georgia increases wine exports to Azerbaijan
Azerbaijan becomes Georgia's second export partner
Kazakhstan reports decrease in mutual trade volume with Vietnam
Geostat reveals data on China's exports to Georgia
Iran reveals COVID-19 data for January 20
Turkey mobilized to support Azerbaijan in post-war period, says ambassador
Uzbek-Korean JV names volume polyethylene output in 2020
Container shipping rates surge in Georgia
Passenger transportation volume by road surges in Kazakhstan
Georgia may lift restrictions on international flights
Georgia sees decrease in electricity consumption
January 20 events of 1990 aimed to strangle Azerbaijan’s fight for independence – historian
Turkmenistan’s Mary State Power Plant names production indicators of 2020
Iran dismisses having any 'secret talks' with Biden's team to bring US back to JCPOA
New geopolitical reality following Karabakh war to make contribution to GDP growth in Azerbaijan - Economy Minister
Iran to commit to JCPOA obligations - if Europe, US return - FM Zarif
Commerzbank deepens partnership with Microsoft
Central Bank reveals volume of property appropriated by Georgian commercial banks
Kazakhstan's Baikonur Cosmodrome starts launching works for 2021
Azerbaijani Kapital Bank’s total assets increase as of 2020
Carnations blooming today along with khari bulbul in Azerbaijan – Turkish FM
Exports of Iran's steel products declines
French ambassador to Azerbaijan talks about January 20 tragedy
Turkmen carpet weaving enterprise reveals production volume
Iran may cancel additional protocol on nuclear deal - Foreign Policy Commission
Azerbaijan keen to develop relations with Turkey, Pakistan in almost all spheres
Azerbaijani people honoring memory of 20 January tragedy victims (PHOTOS)
Caspian Shipping Company’s marine flotilla reveres memory of January 20 martyrs (VIDEO)
Armenians destroyed mausoleum of outstanding Azerbaijani poet in Shusha - monitoring results
Azerbaijan's State Service for Property Issues unveils amount of transfers to state budget
Supply of Indian manufactured vaccines to neighbouring and key partner countries
Azerbaijan progresses with cotton yields in 2020
EU's Michel calls on Biden to form new transatlantic pact
Jewish community in Azerbaijan revere memory of victims of January 20 tragedy
India to gift 2 mn doses of Covid-19 vaccine 'Covishield' to Bangladesh
India, Japan sign Memorandum of Cooperation to help promote movement of skilled workers
Georgia reports 469 new COVID-19 cases for Jan.20
UK ambassador to Azerbaijan makes statement on January 20 tragedy
Benefits provided for Uzbek entrepreneurs likely to be extended
Share of domestic exports up in Georgia
Azerbaijan discloses number of mandatory health insurance services in 2020
Azerbaijani president, first lady visit Alley of Martyrs on 31st anniversary of 20 January tragedy (PHOTO)
India, Oman Hold Discussions On Bilateral Cooperation
Turkmenistan's Turkmengas to buy chemical products via tender
Uzbekistan, Turkey to work on approving agreement on preferential trade
Azerbaijan’s Kapital Bank reveals 2020 net profit
EU Delegation mourning victims of “Black January” tragedy - statement
Copper ores and concentrates top export goods in Georgia
Azerbaijan holds minute of silence to honor January 20 victims (PHOTOVIDEO)
Modi gets SOS message for vaccine from Caribbean nation that stood by India
Black January means symbol of struggle for independence - Charged ’Affairs of Azerbaijani Embassy in Ethiopia
Iran’s South Pars Gas Company beats new record on export
First Vice- President Mehriban Aliyeva shares Instagram post on 20 January tragedy (PHOTO)
Uzbekistan’s Central Bank to place bonds on republican currency exchange
Georgia sees decrease in external merchandise trade
Turkmenistan's Mary region opens tender for construction
Turkmenistan signs contract for aircraft purchase from French Airbus
UK inflation rises a little more than expected in December
Largest share of mortgage loans falls on Uzbekistan’s Samarkand region
Article on Black January tragedy of Azerbaijani Consul General in LA published
EU4Business supports expansion of Georgia’s biggest digital creative agency to global markets
Кazakh Electricity Grid Operating Company to buy construction materials via tender
Azerbaijani oil prices continue to grow
Phased COVID-19 vaccination continues in Azerbaijan - Ministry of Health
Kazakh Embassy extends condolences to Azerbaijan on 20 January tragedy's anniversary
Number of Uzbek banks raise dollar rate
EBRD names loans volume provided for Uzbekistan during COVID-19
EBRD, State Electricity System of Georgia implement new energy project
Uzbekistan names start date for vaccination against COVID-19
Azerbaijani Ministry of Agriculture holds meeting on results of cotton growing dev't (PHOTO)
Azerbaijani company reveals growth in 2020 total insurance revenues
Aide to Azerbaijani president shares post on Twitter on anniversary of 20 January tragedy (VIDEO)
As always, on Day of National Mourning, we mourn with Azerbaijan - Turkish Embassy
Iran, Cuba joint COVID-19 vaccine to begin new phase of testing in Havana
Iran, Iraq discuss transit operations
Electricity generation potential of Iran's Kerman Province announced
Russia's Gazprom increases purchases of natural gas in Turkmenistan
Azerbaijan applying innovations for agrochemical soil analysis
Turkic Council commemorates heroes of Azerbaijan on occasion of 20 January tragedy anniversary
Azerbaijan to ease the health protocols for Iranian transit and export trucks
Azerbaijan’s Consulate General in Los Angeles produces short film on Black January tragedy
Iranian currency rates for January 20
Azerbaijan issues data on lending to communications, transport sector for 11M2020
European oil majors to prioritize large-scale developments in two regions
European oil majors to increase green investments to 16-17% of total spending
Azerbaijan’s Ministry of Ecology and Natural Resources discusses proposals for plastic bags
Iran's export transportation costs doubles
Greek parliament mulling IGB deal
Azerbaijani ministry talks on countrywide cybersecurity
Uzbekistan reveals COVID-19 data for January 20
Azerbaijani MFA issues statement on anniversary of 20 January tragedy
Oil rise on hopes of U.S. stimulus and crude stocks drawdown
Kazakhstan significantly decreases petroleum oil exports to Greece
Big Azerbaijani bank’s volume of total assets down
Russian and Azerbaijani sappers continue defusing mines in liberated territories (PHOTO)
Over 2,000 foreigners apply for 'Remotely from Georgia' state programme
Kyrgyzstan increases number of flights to Turkey
All news