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Kyrgyzstan: Entrepreneurs Face Eurasian Union Confusion

As Kyrgyzstan prepares for EEU entry, are business ready for the change? (Photo: David Trilling)

With less than three months until Kyrgyzstan joins the Kremlin’s new economic bloc, the Eurasian Economic Union, confusion over the EEU’s rules is keeping small-scale Kyrgyzstani entrepreneurs guessing. Tacked on to already existing problems, including rampant corruption and Russia’s stalling economy, the uncertainty surrounding EEU requirements could make for a particularly bumpy economic transition.

“We don’t have full information about it [the EEU]. We know maybe only 5 percent what it means for us,” said Uluk Kydyrbaev, head of the National Alliance of Business Associations, a lobby in Bishkek. “Some of our members see benefits, some see threats.”

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David Trilling is EurasiaNet's Central Asia editor.

Kyrgyzstan: Entrepreneurs Face Eurasian Union Confusion

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