President of Russia Vladimir Putin: Mr President, ladies and gentlemen,
During this state visit to Kyrgyzstan, I have enjoyed a very constructive and friendly atmosphere. In a more expanded format involving the President and me, as well as our colleagues, we discussed the entire scope of bilateral cooperation on topical issues, including integration across Eurasia. I want to stress once again: the Kyrgyz Republic is Russia’s partner and reliable ally with which we are connected by time-tested and cherished ties of friendship and mutual understanding.
During the talks, we confirmed our mutual interest in the further overarching strengthening of our relations in political, cultural and humanitarian affairs as well as in other areas such as military and military-technical cooperation.
The specific vectors for the development of multi-dimensional Russia-Kyrgyz relations and ties are reflected in the joint statement newly adopted by the President and myself. The multiple documents signed in front of you are also aimed at solving the practical tasks of our bilateral cooperation.
Of course, we focused in particular on trade and economic cooperation, both in restricted meetings and in those involving heads of key ministers and government bodies. We noted with satisfaction a positive dynamic in bilateral trade. According to our statistics, last year it increased by 17 percent, reaching almost two billion dollars. This January it grew by another 25 percent.
The Russian Export Centre’s active work facilitates expanded mutual trade volumes. Twelve joint projects worth $71 million and aiming to expand the commodity range have already been launched with its support. In turn, the Russian Direct Investment Fund is doing a lot to boost mutual capital investment volumes. An agreement, signed between the Fund and Kyrgyz partners, aims to expand mutual investment, the current volume of which exceeds $350 million. Accumulated Russian investment in Kyrgyzstan exceeds $200 million, and Kyrgyzstan has accumulated $150 million worth of investments in Russia.
It should be noted that Russian companies operate in virtually all key sectors of the Kyrgyz economy, including in the power industry, the mining and engineering sectors, agriculture and transport. Over 700 Russian-Kyrgyz joint ventures operate successfully in the republic. The Russian-Kyrgyz inter-governmental commission functions efficiently, with Bishkek recently hosting its regular meeting on March 1. Members of the Russian-Kyrgyz Business Council deal with specific projects yielding a real economic effect, including those in the field of small and medium-sized businesses. The inter-regional conference holds regular meetings involving the heads of regions and municipalities and both countries’ business circles. These days, Bishkek is the venue of the eighth meeting of the conference; Mr President and I will attend its plenary session some time later.
We maintain large-scale cooperation in the oil and gas sector. Gazprom is doing a lot to implement a general plan for supplying Kyrgyzstan with gas and building gas pipelines in local communities until 2030. The Russian concern has already invested 16 billion rubles out of the planned 100 billion ruble sum, increasing the number of Kyrgyz communities that receive gas from 22 percent to 30 percent. Their share is to reach 60 percent; and I am confident that these plans will be implemented. Since 2011, Russia has been annually exporting over 1.1 million tonnes of crude oil to Kyrgyzstan duty-free. The direct economic effect from these easy-term deliveries for the Kyrgyz economy totals an estimated $2 billion.
To be continued.
via Website of the President of Russia