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Russian investment in Kyrgyz economy up 23% in one year to $200 mln

The share of mutual payments in national currencies in commercial transactions between the two countries has reached 98%

BISHKEK, June 10. /TASS/. Russian investments in the economy of Kyrgyzstan increased by 23% in 2024 compared with 2023 to $200 mln, the Russian embassy in Bishkek reported.

"Russian investments in the Kyrgyz economy are on the rise: investments from Russia grew by more than 23% in 2024 to almost $200 mln," the report said.

Moreover, the share of mutual payments in national currencies in commercial transactions between the two countries has reached 98%. "In 2024, trade turnover between Russia and Kyrgyzstan gained 14.7% to $3.5 bln. In mutual commercial transactions we rely on national currencies: their share has surpassed 98%," the embassy said.

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