AUG.12 2014 (The Conway Bulletin) – Russia has agreed to give Kyrgyzstan $500m to prepare for joining the Customs Union. Kyrgyzstan is hoping to join the Customs Union, which will morph into the Eurasian Economic Union, later this year. Belarus and Kazakhstan are already members.
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(News report from Issue No. 195, published on Aug. 13 2014)
AUG. 5 2014 (The Conway Bulletin) – Kyrgyzstan complained to Belarus after reports circulated it had awarded Kurmanbek Bakiyev, a former Kyrgyz president living in Minsk since fleeing in a revolution in 2010, one of its highest awards. A row with Belarus may have implications for Kyrgyzstan’s entry into the Russia-led Customs Union. Belarus and Kazakhstan are already members.
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(News report from Issue No. 194, published on Aug. 6 2014)
JULY 18 2014 (The Conway Bulletin) – Armenian PM Ovik Abramian confirmed that Armenia would join the Russia- led Customs Union by the end of October. Armenia has been looking to join the Customs Union for some time. Kazakhstan, though, raised concerns about its ongoing so-called “frozen conflict” with Azerbaijan over Nagorno-Karabakh.
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(News report from Issue No. 193, published on July 30 2014)
MAY 29 2014 (The Conway Bulletin) – At a ceremony in Astana, Russian President Vladimir Putin, Kazakh President Nursultan Nazarbayev and Belarusian President Alexander Lukashenko signed into existence the Eurasian Economic Union (EaEU).
The EaEU is the successor of the Customs Union and is designed to further integrate its members’ economies. The rhetoric has been of high praise for the EaEU but the reaction on the street has been markedly different, as a correspondent for The Bulletin discovered in Almaty.
Berik, a 35-year-old office worker wasn’t even sure of the treaty. “Who are the parties involved?” he said. “Belarus and Russia. I’m not sure, with them it could go either way. It could either be a success or a failure.”
An ethnic Russian lady hurrying along the street also said she doubted the value of the group. “It would have been better if they had not signed the treaty,” she said.
Other people agreed. Most had either not heard of the EaEU or said they doubted it would be positive.
One of the few people to support the formation of the Eurasian Economic Union was Saken a 50-year-old man who worked in real estate. He said that Soviet era ties remained and that the union would be stronger than if countries pursued their own agendas.
“In the Eurasian Union we will welcome troubled countries like Kyrgyzstan and Armenia, who are not really as stable as we are, but we will definitely help them, with the same friendship we used to relate to each other during the Soviet era,” he said.
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(News report from Issue No. 187, published on JUNE 4 2014)
MAY 28 2014 (The Conway Bulletin) – Armenia’s Central Bank dropped growth rate predictions for 2014 by around a fifth mainly because of a slowdown in Russia’s economy.
All the Central Asian and South Caucasus countries are vulnerable to a slowdown in Russia’s economy but Armenia has perhaps been the first to warn publicly of the impact.
It said economic growth this year would now be between 4.1% and 4.8%, down from an earlier prediction of between 5.4% and 6.1%. Russia is by far Armenia’s biggest trading partner and Yerevan has been looking to join the Russia- led Customs Union to cement this relationship.
But sanctions imposed by the EU and US because of Russia’s annexation of Crimea from Ukraine earlier this year have impacted its economic growth and the domino effect means that this has weighed on economies across the former Soviet Union.
Russia owns much of Armenia’s businesses, supplies its gas and is a magnet for seasonal labourers from Armenia who generate an important remittance flow.
Armenia’s Central Bank also said a delayed copper mine and a weak tax regime also hindered economic growth rates.
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(News report from Issue No. 186, published on May 28 2014)
May 20 2014 (The Conway Bulletin)- Kyrgyzstan will definitely aim to join the Russia-led Customs Union, Kyrgyz president Almazbek Atambayev told journalists in Shanghai where he had been meeting China’s leaders. Mr Atambayev’s statement adds extra impetus to Kyrgyzstan’s drive to join the group which also includes Kazakhstan and Belarus.
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(News report from Issue No. 185, published on May 21 2014)
MAY 12 2014 (The Conway Bulletin) – On a trip around the South Caucasus, French President Francois Hollande visited Yerevan where he met Armenian President Serzh Sargsyan. He visited the construction site of the long-delayed Carrefour supermarket and called on the EU to engage with Armenia despite its proposed accession to the Russia-led Customs Union.
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(News report from Issue No. 184, published on May 14 2014)
MAY 12 2014 (The Conway Bulletin) – Kyrgyzstan’s government said that it had drafted a road map for its entry into the Russia-led Customs Union (CU). The economic union also includes Kazakhstan and Belarus. Armenia also plans to join this year. Kyrgyzstan’s membership of the CU should also allow Tajikistan to join.
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(News report from Issue No. 184, published on May 14 2014)
MAY 12 2014 (The Conway Bulletin) – Kazakhstan has temporarily banned alcohol imports from Italy, France, Scotland, Belarus and Russia because some of the labelling does not meet requirements laid out by the Customs Union, media reported. It’s unclear exactly what guidelines the alcohol importers have failed to hit.
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(News report from Issue No. 184, published on May 14 2014)
MAY 3 2014 (The Conway Bulletin) – Armenian president Serzh Sargsyan officially appointed a new government which analysts said would be better placed to propel the country into the Russia-led Customs Union. The previous government resigned over its unpopular pension plans, a scheme the new government has watered down.
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(News report from Issue No. 183, published on May 7 2014)