Defense minister opens international Army Games-2017Military & Defense July 29, 14:15
Dry cargo vessel turns over in Crimea, three rescuedWorld July 29, 9:39
DPRK announces 2nd successful test of Hwasong 14 missileWorld July 29, 7:21
Trump to sign bill on anti-Russian sanctions - White HouseWorld July 29, 7:19
Rogozin demands tough measures on Romania, Moldova after disruption of visitRussian Politics & Diplomacy July 29, 5:27
Soyuz MS-05 space vehicle brings new expedition to ISSScience & Space July 29, 5:21
Defense ministry reports North Korea’s missile launch pose no threat to RussiaMilitary & Defense July 28, 21:34
Russian diplomat comments on new US sanctionsRussian Politics & Diplomacy July 28, 20:50
US new anti-Russian law poses threat to energy projects — expertBusiness & Economy July 28, 20:30
BISHKEK, December 24. /TASS/. The difficulties Russia’s economy is experiencing are affecting the implementation of the Kyrgyz-Russian economic projects, including the construction of the Verkhnenarynsky cascade of hydropower plants and the Kambar-Ata-1 hydropower plant, Kyrgyz President Almazbek Atambayev told a news conference in Bishkek on Thursday.
"At a time when Russia’s economy is not booming, it is clear that these agreements will not be implemented," he said. However, Kyrgyzstan "has no right to suspend these projects" in this situation, so it does not rule out the option of searching for new investors. "Unfortunately, so far our Russian friends cannot implement these projects," Atambayev said. "For us this is bad too, because now we will have to look for investors again and persuade them."
According to Atambayev, he conveyed his stance on the matter during a meeting with Russian President Vladimir Putin and found "the complete understanding of the situation" on his part. "The Russian president with whom we have very close relationship has got it right," he said. "He realizes how important these projects are to us." Atambayev added that refusal to cooperate with Russia on these projects would be "a bitter pill" for him. "It was our fault too, we should have accelerated the process of allocating land for the construction of these facilities when Russia’s economy was on the rise," he said."