Kyrgyzstan’s authorities said that all interstate procedures for the country’s accession to the Customs Union and EEU will be completed by the end of December.
The document’s signing is planned in Moscow on December 23.
Glazyev assessed the supposed effect from the republic’s admission to the union at 30% in terms of investment growth.
“If all the conditions are met, the integration effect will cause the economy growth by this figure,” he said at the conference “Economic security of Kyrgyzstan: risks and opportunities.”Glazyev said that during the first year after the admission to the Customs Union Russia’s foreign trade volumes increased by 40%, which confirmed “the correctness of the choice made,” during the second year the growth was 20% and during the third - 10% “The effect has begun to fade, so it is necessary to support it,” the Russian presidential aide said. He said the need of transition to the “next phase” of integration has arisen in this connection.