Economy and Sanctions Derail Russia’s Central Asian Investments

Two major hydroelectric projects planned for Kyrgyzstan’s Naryn River have been stopped after the Central Asian country agreed to pull out of agreements with Russia. Kyrgyz President Almazbek Atambayev cited Russia’s lagging economy and sliding oil prices as the reasons why Russian companies and the government are unable to fulfill their parts of the 2012 agreement. (Photo: Dean C.K. Cox)

After years of embarking on promising forays into Central Asia’s economy, Russia is being forced to pare back its ambitions.
 

To read the full story

Peter Leonard is EurasiaNet's Central Asia editor.

Economy and Sanctions Derail Russia’s Central Asian Investments

1 / 1
X
> <