Kazakhstan to assist Kyrgyzstan to join Customs Union

Kazakhstan to assist Kyrgyzstan to join Customs Union

Trend commentator Elena Kosolapova

Kyrgyzstan may become a new member of the Customs Union in the near future. Kazakh President Nursultan Nazarbayev promised to help in removing existing barriers to join this organization. Kazakhstan is one of Kyrgyzstan's major political and economic partners.

Kyrgyz President Almazbek Atambaev for the first time paid the official visit to Kazakhstan on May 10. The process of Kyrgyzstan's joining the Customs Union of Russia, Kazakhstan and Belarus was one of the issues at the negotiations with Nursultan Nazarbayev.

The talks about Kyrgyzstan's possible accession to the Customs Union have been held for a long time. The government of the Republic made a request to join the Customs Union in the spring of 2011. The Republic's desire to join the organization is clear. Besides the economic feasibility, this step will provide Kyrgyzstan with favor and
full support from Kazakhstan and Russia.

Kyrgyzstan experienced two revolutions from 2005 to 2010. Today's authorities are also quite vulnerable. The rallies of those dissatisfied are regularly held in towns across the country. At present, Kyrgyzstan is one of the poorest countries in the region because of long-term political instability and lack of significant natural resources. Moreover, the geographical situation of the country requires a strong military force, which will be capable of defending the country against drug trafficking and the flow of extremists from
Afghanistan. All these circumstances make the Kyrgyz leadership to search for reliable allies who can help solve these problems. Russia and Kazakhstan are well suited for this role. The Kyrgyz economy is now greatly tied to the support of these countries. Supplies of fuel, defense, engineering are not all areas in which Kyrgyzstan depends on
Russia and Kazakhstan. Joining the Customs Union will definitely expand this support.

Kyrgyzstan's accession to the Customs Union can be also beneficial for Kazakhstan and especially for Russia because it will expand their economic and political influence in the region.

However, this issue has a lot of pitfalls. First, it is still unclear how Kyrgyzstan, as a WTO member today, intends to combine this with participation in the Customs Union. Second, the transition to unified customs tariffs, envisaged by the charter of the Customs Union, will definitely be a strong blow to the Kyrgyz economy. The prices increased even in Kazakhstan and Belarus, where the standard of living is not much lower than in Russia, after the formation of the Customs Union. But unification of tariffs can be a serious blow for Kyrgyzstan, which economy is only beginning to develop. However, it is possible for Russia, Kazakhstan and Belarus to help Kyrgyzstan and provide it with some preferences at the first stage.

Taking into account the interest of all members of the Customs Union in its expansion due to Kyrgyzstan, there is no doubt that this will happen sooner or later.

Georgian Tegeta motors opens “Toyota center” in Batumi
Georgian Tegeta motors opens “Toyota center” in Batumi
Russian leading list of countries of main wine importers to Georgia
Russian leading list of countries of main wine importers to Georgia
US expert warns Europe, says Armenian terrorism must be stopped before too late
US expert warns Europe, says Armenian terrorism must be stopped before too late
Loading Bars
Latest
Armenia's attack against Barda is crime against humanity perpetrated in widespread manner - Azerbaijani embassy in Canada
Azerbaijani embassy to Canada condemns speeches in House of Commons as they support war crimes
Armenia-inflicted damage on culture in occupied Azerbaijani territories would soon be irreversible - Modern Diplomacy report
Situation at front - under Azerbaijani Armed Forces’ control - Defense Ministry
Fire brigade extinguishes fire in Azerbaijan’s Goranboy due to Armenian Armed Forces’ artillery strikes
I don't know how efficient meetings are going to be now with regard to Armenian leadership - President Aliyev
President Ilham Aliyev's response call for Armenia: Recognize Nagorno-Karabakh
Azerbaijani PM phones Turkish VP regarding recent earthquake
Turkey already engaged in Karabakh settlement, whether Armenia likes it or not - President Aliyev
President Aliyev says Pashinyan lies about Pakistani, Turkish forces fighting for Azerbaijan
President Aliyev talks online footage of armed clashes, Azerbaijan's military potential
If Armenia got sanctions imposed on it as with Iraq, conflict would've been resolved long ago - president
Armenian side has no moral norms, no honor or dignity - President Ilham Aliyev
News about earthquake in Turkey’s Izmir saddens Azerbaijan – FM
If someone willing to create second Armenian state, let them give away part of their own territory - Azerbaijani president
When three nuclear powers cannot exert pressure on Armenia, this raises questions - President Aliyev
Azerbaijani Embassy in Turkey opens hot line in connection with earthquake in Izmir
Combining efforts of Turkey and Russia to benefit region - President of Azerbaijan
What's happening now - results of Armenian PM Pashinyan's activity, says Azerbaijani president
President Ilham Aliyev expresses condolences to President Recep Tayyip Erdogan
Missile attacks on Barda by Armenian Armed Forces heavily damage local business entities (PHOTO)
Every human life is priceless, our losses are minimal - Azerbaijani president
If Azerbaijan agrees on political settlement, Armenia must withdraw from Kalbajar, Lachin and part of Aghdam immediately - president
Armenia says one thing to mediators, then does something completely different - President Aliyev
Azerbaijan destroys 2 more 'Smerch' rocket launchers of Armenian troops - MoD (VIDEO)
President Ilham Aliyev talks Armenian troops killed during recent military clashes
Georgian Tegeta motors opens “Toyota center” in Batumi
Armenia refuses to hand over body of 84-year-old Armenian to his family
Uzbekistan increases profitability of its textile exports
Kazakhstan's Nostrum Oil & Gas reveals revenues forecast for 9M2020
Meeting between FMs of Azerbaijan, Armenia kicks off in Geneva
Russian leading list of countries of main wine importers to Georgia
Azerbaijan shows footage of liberated Khudaferin village (VIDEO)
Provocation of Armenian delegate suppressed during EU video conference (PHOTO)
MFA receives no info on Azerbaijani citizens among quake casualties in Turkish Izmir yet
President of Turkmenistan made video statement at International Forum for Northern Economic Cooperation
US expert warns Europe, says Armenian terrorism must be stopped before too late
Azerbaijan reveals data on maritime cargo movement for 9M2020
Turkmenistan’s Oil Refineries extends tender for gasoline purchase
MyWayAirlines to conduct charter flight Tbilisi-Warsaw on November
Kazakhstan’s Nostrum increases 2020 oil forecast despite COVID-19 concerns
Georgia reveals volume of snail meat to be exported to Italy
Uzbekistan introduces automated system for monitoring liquefied gas supply to population
Revival of electronic coupons in Iran to hit low-income families in Iran - economist
Armenia attacks Azerbaijani settlements mainly from its territory
Azerbaijan puts several mercenaries brought by Armenia to Karabakh on int'l wanted list
Shelling of Barda by Armenian troops - flagrant crime against humanity, says Russian expert
Georgia establishes Agro Business Association
Azerbaijan's Constitutional Court appeals to foreign constitutional courts
Uzbekistan ranks first in gold sales in 3Q2020 - World Gold Council
Estimated real gross domestic product declines in Georgia
Time deposits volume surges in Kazakhstan year-on-year
Turnover on payment cards in Azerbaijan increases
Turkmenistan's Turkmenbashi Oil Refinery to increase oil refining depth
Number of people infected with COVID-19 in Iran exceeds 600,000
Kazakhstan's Almaty launches production of environmentally-friendly batteries
Azerbaijani president instructs to assess damage caused to Azerbaijan by Armenia – aide to president
Kazakhstan's oil refineries decrease oil refining volumes as COVID-19 pandemic hits demand
Armenian Armed Forces attacked strategic targets in Azerbaijan - Prosecutor General
Azerbaijan puts high-ranking Armenian officials on int’l wanted list
Azerbaijan puts foreign fighters recruited by Armenia on international wanted list
Azerbaijan appeals to European Court on Human Rights - aide to First VP of Azerbaijan
Bakcell supports the residents of Barda
Petkim’s products exported to 78 countries abroad
Central Bank of Azerbaijan decides to keep discount rate unchanged
Kazakhstan increases export to China despite COVID-19
Military tribunal must be organized to assess Armenia’s crimes – Assistant to Azerbaijani president
SOS Children’s Villages International to do everything to support children during Karabakh conflict
7 families killed as result of Armenian terror against Azerbaijan – Azerbaijani prosecutor general
Armenia commits environmental terror against Azerbaijan - Ministry of Ecology (PHOTOS)
Macroeconomic stability remains steady in Azerbaijan - Central Bank chairman
Azerbaijan raises import of cars in 9M2020
Azerbaijan confirms 480 more COVID-19 recoveries
President Ilham Aliyev: Azerbaijani Army liberates 9 villages of Jabrayil, Zangilan and Gubadli districts
Passenger transportation decreases in Azerbaijan due to COVID-19 pandemic
STAR Refinery’s investment value to near $7B
Azerbaijani prosecutor general reveals civil casualties, injuries inflicted by Armenia
Kazakhstan's KazMunayGas reports decrease of oil transportation volumes
General Prosecutor's Office discloses crimes committed by Armenian Armed Forces against Azerbaijan
Temporary special administrations to be established in Azerbaijan`s territories liberated from occupation
Azerbaijani army destroys missile-artillery warehouse of Armenian Armed Forces - MoD (VIDEO)
Iran talks agricultural exports to Iraq despite restrictions
Kazakhstan's national oil company faces output decrease at country's major oilfields
Euro zone GDP jumps more than expected in third quarter q/q, prices fall
OSCE MG meeting on Karabakh conflict in Geneva to be closed for media
Permissions granted for building construction down in Georgia
Uzbek Ministry of Finance projects revenues, expenditure of consolidated state budget
Turkmenistan privatizing number of facilities to increase private sector's share in economy
Iran to allocate funds for projects in Malayer city
Khaf-Herat railway between Iran, Afganistan to commence by mid-November
Azerbaijan doesn’t succumb to provocations, responding to aggressor on battlefield - Israeli expert
Azerbaijani Prosecutor General's Office assesses damage done from Armenian vandalism
Iran's IRGC provides support to COVID-affected families
Fish production in Iran's Amlash city increases on annual basis
UK condemns continued shelling of civilian areas following attack on Azerbaijani Barda
Russian Export Center talks about exports to Azerbaijan
Glencore reports copper extraction volume decrease in Kazakhstan
Azerbaijan may expand business loan programs - Central Bank
MoD says Armenia's info on shooting down Azerbaijan's UAV - lie
Azerbaijan to develop its lands liberates from occupation via its own sources
All news