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Eurasian Economic Union

Kyrgyzstan on schedule with roadmap obligations to join Customs Union

Kyrgyzstan plans not only to become the member of the Customs Union, but simultaneously join the single economic space as well

Kyrgyz Prime Minister Dzhoomart Otorbayev ITAR-TASS/Alexey Nikolsky

Kyrgyz Prime Minister Dzhoomart Otorbayev

© ITAR-TASS/Alexey Nikolsky

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BISHKEK, September 25. /ITAR-TASS/. Kyrgyzstan keeps implementing all obligations under its roadmap on the country’s accession to the Moscow-led Customs Union, comprised of Belarus, Kazakhstan and Russia, and to the single economic space, a Eurasian integration official said on Thursday.

Tatyana Valovaya, the Eurasian Economic Commission (EEC) board member of the macroeconomic policy department for major integration directions and macroeconomics, said Kyrgyzstan showed good results in the implementation of its roadmap and, particularly achieved certain progress in promotion of its agricultural products.

“Therefore, there are no disruptions in the schedule of the roadmap and no difficulties emerge in the implementation of this document,” Valovaya said at a news conference in the Kyrgyz capital of Bishkek.

She said the country continues its work on integration processes and in particular works on the settlement of issues regarding deliveries of Kyrgyz products to member states of the Customs Union.

Valovaya added that in her opinion Kyrgyzstan plans not only to become member of the Customs Union by an earlier date, but simultaneously join the single economic space as well.

In late August, the government of Kyrgyzstan approved at its session, chaired by Prime Minister Dzhoomart Otorbayev, a set of laws under the roadmap necessary for the accession of the Central Asian country to the Customs Union.

Addressing the session, Otorbayev said the approval of the draft bills within the frames of the roadmap on the accession to the Customs Union was a milestone decision for Kyrgyzstan.

The roadmap approved by all interested parties stipulated that Kyrgyzstan would join the Customs Union and the common economic space by January 1, 2015. Considering the state of the Kyrgyz economy, Bishkek insists on preferences on 300 positions.

The Kyrgyz government made a decision to join the Customs Union in the spring of 2011. Six months later, the ex-Soviet republic filed an official request for accession. The Kyrgyz government is currently bringing its legislation into compliance with the requirements of the Customs Union and the common economic space.

Russia, Belarus and Kazakhstan are also currently at work on ratifying the treaty on the establishment of the Eurasian Economic Union. It was signed by the presidents of three countries on May 29 in Kazakhstan’s Astana.

The Eurasian Economic Union, which envisages the free movement of goods, services, capital and workforce and is based on the Customs Union of Russia, Belarus and Kazakhstan, will become operational from January 1, 2015.

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Customs Union Kyrgyzstan Eurasian Economic Union Cooperation Trade & Cooperation

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