Kazakhstan and Kyrgyzstan trade exceeds USD 300mn in H1.

By bne IntelliNews December 26, 2011
The turnover in H1 between Kyrgyzstan and Kazakhstan has increased by 17.8% y/y reaching USD 300mn with 211mn of which was export and almost USD 89mn was imports. Main products exported from Kyrgyzstan were fruits, vegetables, dairy products, corrugated packaging, glow-lamps and cars, while products most often exported by Kazakhstan were grain, oil products, coal, cigarettes and ferrous metals. In 2010 the amount of direct investments from Astana to Bishkek reached USD 8.9mn, while in 2009 this index exceeded USD 213mn. Experts connect the sharp decrease in investments with the regime change and a number of other difficulties. Kyrgyzstan has over 400 joint ventures with the participation of the Kazakhstan capital.

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