By Eurasianet Uzbekistan’s appeal as a destination for Russian businesses is rising, as neighbouring Kazakhstan and Kyrgyzstan have become more unwelcoming for sanctions-busting activity. The number …
As sanctions hamper Kyrgyz banking sector, crypto trading booms
On January 15, however, the outgoing Biden Administration Treasury Department slapped sanctions on Kyrgyzstan’s Keremet Bank, alleging in a statement that the bank facilitated cross-border payments …
Kyrgyzstan registers crypto transactions worth $7 billion
The volume of crypto asset transactions in Kyrgyzstan has reached $7 billion, according to the head of the nation’s state-controlled investment agency. The official announced the figure at a meeting …
Russian business travelers are discovering Uzbekistan
Uzbekistan’s appeal as a destination for Russian businesses is rising, as neighboring Kazakhstan and Kyrgyzstan have become more unwelcoming for sanctions-busting activity. The number of Russian firms …
Pakistan, Kyrgyzstan to increase trade volume to $100m
Pakistan and Kyrgyzstan have reaffirmed their resolve to boost bilateral trade volume to 100 million dollars. This resolve was expressed at the 5th two-day session of the Pakistan-Kyrgyzstan …
Kyrgyzstan signs investment deals with Vietnamese firms for 1.9GW solar PV power plant
The Government of Kyrgyzstan has signed two investment deals with Vietnamese firms Rox Energy Global and RECA LLC for the development of a 1.9GW solar project.
Pakistan and Kyrgyzstan agree to enhance trade volume up to $100m
Power minister highlights signing of MoUs across multiple sectors; stresses need to strengthen transport and communication infrastructure.
Taking care of business: How Kyrgyzstan became Moscow’s middle man – MSN
“Kyrgyzstan’s exports to Russia skyrocketed from $393m (€352.8m) in 2021 to more than $1.07bn (€0.96bn) in 2022, indicating a significant uptick in trade activities that facilitate Russia’s …
Russian Entities Using Kyrgyzstan’s Crypto Industry to Evade Sanctions: Report
Russian individuals and groups are using Kyrgyzstan’s cryptocurrency ecosystem to evade international sanctions, according to research from UK-based blockchain intelligence firm TRM Labs.
Houses made of rice blocks drive Kyrgyzstan’s eco-friendly revolution
Residents of the Kyrgyz region of Batken discover the benefits of rice for home building. “Over the past five years, we have sold materials for the construction of 300 houses”, says Nursultan …