Economic and Statistical Analysis of Trade and Economic Cooperation Between the Kyrgyz Republic and the Russian Federation

The authors developed economic and statistical analysis on bilateral economic and trade and investment partnership between the Republic of Kyrgyzstan and the Russian Federation for the past decade and formulated proposals for the further coordination of long-term foreign economic policy.

The paper provides an analytical review of intercountry trade and investment cooperation with emphasis on manufacturing. It is based on data from various international organizations (United Nations Conference on Trade and Development, Eurasian Economic Commission) and the National statistical committee of the Kyrgyz Republic. Extensive statistical material supports the thesis on using the benefits of integration for the economy of the Kyrgyz Republic, even though it remains dependent on political fluctuations and has an underdeveloped business environment.

The authors examine the implementation of bilateral contracts, projects and agreements from 2008 to 2016, with an emphasis on critical long-term interests of two states, and discuss perspectives for trade and economic cooperation in the medium and long terms. They also cover questions regarding coordination of economic policy in the abovementioned areas. Considerable attention is given to evidence-based reasoning in favor of strengthening the Russian-Kyrgyz partnership in the field of trade and investment. There is also a need for statistical support for the implementation of joint programs to improve the sustainability and competitiveness of national economies, as well as a broad integration cooperation agenda within the Eurasian Economic Union and other associations.

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