BISHKEK, May 21. /TASS/. Kyrgyzstan enters a new stage of development by joining the Eurasian Economic Union (EAEU), Kyrgyz President Almazbek Atambayev said on Thursday.
"We are absolutely convinced that our participation in the EAEU is in line with the republic’s national interests," he said. Atambayev noted that over the past few years the Kyrgyz side carefully studied all pros and cons of joining the economic alliance. "We have achieved good preferential advantages during our accession to the union, and only after that an agreement was signed on the country’s accession to the EAEU," Atambayev said.
The president said he was confident this would allow to increase Kyrgyzstan’s export potential, to raise the competitiveness of its goods and would facilitate the inflow of investment, including from abroad.
After signing the law, Kyrgyzstan completed all internal procedures necessary for joining the Eurasian Economic Union, which comprises Armenia, Belarus, Kazakhstan and Russia. Bishkek hopes that the parliaments of those countries will ratify the treaty on Kyrgyzstan’s accession to the union at an early date, after which its borders with those countries will be open.