Russia accounts for 30% of foreign trade turnover of Kyrgyzstan

Bishkek, June 13, 2022. / Kabar /. 30% of foreign trade of the Kyrgyz Republic falls on Russia, Ambassador of Russia to Kyrgyzstan Nikolay Udovichenko said during the international diversified business mission of Russian companies in Kyrgyzstan. He noted that Kyrgyzstan and Russia have been connected by deep and close threads for many years. "Currently, Russia accounts for 30% of foreign trade turnover of Kyrgyzstan. In turn, about 1 million Kyrgyzstanis live and work in Russia," the ambassador said. In this regard, Nikolay Udovichenko urged representatives of Russian companies to take a closer look at the Kyrgyz market. "There is economic expediency and advantages in the form of low tax base, favorable conditions for economic activity and access to the Asian market," Udovichenko pointed out. The Russian ambassador concluded by highlighting the potential of Kyrgyzstan's leadership to bring the economy out of the shadows.