15:21 GMT +323 January 2020
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    Kyrgyzstan's economy will benefit from the Eurasian Economic Union membership, a local politician explained.

    MOSCOW (Sputnik), Yulia Shamporova – The membership of Kyrgyzstan within the Eurasian Economic Union (EEU) will strengthen Kyrgyz-Russian relations and initiate mutual projects in agriculture and water power engineering, a Central Committee member of the Party of Communists of Kyrgyzstan told Sputnik.

    “We welcome in every possible way Kyrgyzstan joining the Eurasian Economic Union and we hope it is not the last step on the path to revival of a union state,” Sergei Kojemyakin said.

    Kyrgyzstan became a member of the EEU in August 2015, two months before parliamentary elections in the country. Elections for the Kyrgyz Parliament, Jogorku Kenesh, will take place on Sunday, October 4, with 14 parties officially registered by Central Election Commission.

    “Firstly, it is a wide output of agricultural products and goods of light industry of Kyrgyzstan to the market of the EEU countries so it will lead to further development of the industries… Secondly, there are joint projects in the sphere of hydroenergetics [water power engineering],” Kojemyakin said.

    Though Kyrgyzstan has great hydroelectric potential, the country has serious challenges with equipment maintenance as well as a lack of existing generating capacity, according to Kojemyakin.

    “Moscow and Bishkek made agreements about construction of the Kambartatinskaya HPS-1 [Kambarata 1 hydro-electric power station] and Verhne-Narynskiy cascade HPS [Upper Naryn hydro-power plant's cascade] and I hope that these projects will be realized… All the points in the case of their successful realization will lead to a serious increase of turnover of Kyrgyzstan with the EEU countries,” Kojemyakin said.

    The Eurasian Economic Union includes member-states Russia, Kyrgyzstan, Armenia, Belarus, and Kazakhstan. It is an integration association, to streamline the flow of goods and services between its member countries.

    The elections for the Kyrgyz Parliament, Jogorku Kenesh, will take place on Sunday with 14 parties officially registered by Central Election Commission. The Kyrgyz Parliament has 120 seats and members are elected for a 5-year term. To become a member of the Parliament a party must score at least 7 percent of the general votes.


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    hydropower, economy, agriculture, EEU, Sergei Kojemyakin, Russia, Kyrgyzstan
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