Kyrgyzstan prioritizes participation in EAEU, calls for regional stability

DM Monitoring

BISHKEK: The past two years have seen significant progress in developing a favorable international image of Kyrgyzstan. It shuddered slightly in October of this year, but the last two months have again dramatically made a difference in order of things that have started to happen in Kyrgyzstan.
The new government of the republic is committed to stability, openness and honesty, and the dynamics in the solution of the most urgent problems does not take long to change. This doesn’t go unnoticed by the international community. Kyrgyzstan again needs to gain the image of a reliable country in its partners with a stable socio-political situation, as well as an economically attractive one.
Despite the changes in power, Kyrgyzstan is still committed to its principled and strategic foreign policy and external economic course. Here is a question of cooperation, interaction with the growing union, which should contribute to the development of all member states of this association. The coming years will be decisive for the Eurasian Economic Union (EAEU) in terms of its establishment and further growth.
On Dec.11, Acting President of Kyrgyzstan, Speaker of the Parliament Talant Mamytov participated in a regular meeting of the Supreme Eurasian Economic Council (SEEC) via videoconference.
The meeting, chaired by Belarusian President Alexander Lukashenko, considered strategic directions for the development of Eurasian economic integration, the main directions of the Union’s international activities for 2021 and other relevant issues.
According to Ruslan Pokrovsky, an expert of the Institute for Strategic Studies in the World Economics (St. Petersburg), “Kyrgyzstan has always taken an active position in these issues, in the development of investment attractiveness. But it should be emphasized that COVID-19 has made serious adjustments in the EAEU in the short term. The world economy is experiencing global difficulties and also requires a serious reset, not to mention the national economies of states with little economic resources. The EAEU was created in order to be a real bulwark in overcoming difficulties in a crisis situation. The Union should seriously work out a set of anti-crisis measures. Otherwise, the union’s authority will be severely undermined.
Now is an important time for the union to be tested. Meanwhile, the Union’s member should also make great efforts to ensure that the work within the EAEU is established year after year. For Kyrgyzstan, for example, the EAEU has always been and remains a priority for further cooperation and development.
“Participation in the EAEU is a priority of Kyrgyzstan’s foreign policy. We always stand for an open and constructive dialogue on the whole range of issues within the Union,” Acting President of Kyrgyzstan, Speaker of the Jogorku Kenesh Talant Mamytov noted.
The acting president noted the main issue of the meeting – the adoption of a document on the strategic direction of Eurasian economic integration, which will constitute the development agenda of the Union and determine the main directions of work for the next 5 years.
“The Strategy includes the initiative of the Kyrgyz Republic on the introduction of mechanisms and programs for targeted financing within the existing development institutions. It envisages addition of new approaches to the already existing ways of financing by our regional development institutions.