Cooperation with Russia can play the key role in the development of the Kyrgyz economy, said on Wednesday Prime Minister Nikolai Tanayev, speaking live over the state TV network.
The latest macroeconomic figures show a rise in Kyrgyz-Russian trade and economic cooperation. "Trade climbed by 37 % over the first quarter of this year as against the corresponding period last year," the premier said. Russian businessmen became more active on the Kyrgyz market in the recent past.
Russia purchased three Kyrgyz factories. "Russians intend to take over several more factories, including Kyrgyzkabel or to build new ones for instance an aluminum mill in Shamaldy-Sai," Tanayev continued. Kyrgyzstan will start delivering power to the Omsk Region from September, he added.
The premier reported that Bishkek will be the venue in May for another meeting of the Kyrgyz-Russian commission on military cooperation, where the sides will discuss more active cooperation between the Kyrgyz military-industrial complex and Russian partners.
The two countries virtually reached an understanding on manufacturing joint goods at four factories of the Kyrgyz military-industrial complex.
Itar-Tass, April 30, 2003