Tag Archives: Kyrgyzstan

Kyrgyzstan will miss EEU deadline

APRIL 30 2015 (The Conway Bulletin) – Kyrgyzstan will miss a May 8 deadline to join the Kremlin- led Eurasian Economic Union (EEU), the new PM Temir Sariyev said. Kyrgyzstan still plans to join but not until the end of the month. Russia, Kazakhstan, Belarus and Armenia are already members.

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(News report from Issue No. 230, published on May 6 2015)

 

Kyrgyzstan appointed new PM

APRIL 30 2015 (The Conway Bulletin) – Kyrgyzstan’s parliament approved former economy minister Temir Sariyev to be prime minister, the fifth in five years.

Mr Sariyev succeeds Djoomart Otorbayev who quit after failing to secure a deal with Canada’s Centerra Gold over the Kumtor gold mine, Kyrgyzstan’s largest industrial asset.

Control of Kumtor, and Kyrgyzstan’s push to increase its ownership, has dominated Kyrgyz politics. Mr Sariyev referenced it.

“Nationalisation will only create certain risks and threats for us. We must seek other ways,” he said.

Mr Otorbayev, who served as PM for about a year, had pushed to trade Kyrgyzstan’s 32.7% stake in Centerra Gold in for a 50:50 stake in a new company that would own Kumtor. When this stalled he switched to calling for more directors on the Centerra Gold board. This also failed.

Some Kyrgyz MPs have called for the government to nationalise Kumtor.

Mr Sariyev takes over as head of a coalition of MPs from three parties — the Social Democrats, Ata-Meken (Father- land) and Ar-Namys (Dignity). Together they hold 69 seats out of the 120 seat-parliament. In November, Kyrgyzstan holds another parliamentary election, its second since a constitutional change in 2010 handed more power to parliament.

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(News report from Issue No. 230, published on May 6 2015)

 

Kyrgyz PM resigns after failure to end gold row

APRIL 23 2015 (The Conway Bulletin) – Djoomart Otorbayev resigned as Kyrgyzstan’s PM after barely a year in office.

The 59-year-old former international economist was the fourth Kyrgyz PM to resign since constitutional reform shifted power from the president to parliament in 2010.

Earlier this month the Kyrgyz government appeared to change tack significantly and argue for a great number of directors on the Centerra Gold board rather than the creation of a new company, with a 50:50 ownership, to run Kumtor.

His resignation was linked to the failure to secure a permanent solution to the ongoing row with Canada’s Centerra Gold over ownership of the Kumtor gold mine in east Kyrgyzstan — the country’s single biggest industrial asset.

“I think my decision to resign will allow the majority coalition to choose a more decisive prime minister,” Kyrgyz media quoted Mr Otorbayev as saying.

Kyrgyzstan owns 32.7% of Centerra Gold, which is listed in Toronto, and has been looking to boost its influence over the mine.

Importantly, Mr Otorbayev’s resignation highlights the unstable nature of Kyrgyz politics and also the dominance of the Kumtor ownership issue.

The three-party majority coalition now has 15 days to nominate a new PM for parliament.

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(News report from Issue No. 229, published on April 29 2015)

Kyrgyzstan and Tajikistan parades Victory Day

APRIL 24 2015 (The Conway Bulletin) – Kyrgyzstan and Tajikistan both moved their Victory Day military parades from May 9 to May 7 because their leaders were due to be in Moscow for the 70th anniversary of the Soviet Union’s defeat of Nazi Germany.

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(News report from Issue No. 229, published on April 29 2015)

 

Kyrgyz newspaper complains

APRIL 28 2015 (The Conway Bulletin) – A major newspaper in Kyrgyzstan complained of repressive action ordered by President Almazbek Atambayev in the build up to a parliamentary election later this year, Eurasianet reported. The Vechernii Bishkek newspaper supports the opposition, Eurasianet reported.

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(News report from Issue No. 229, published on April 29 2015)

 

Kyrgyzstan rates stay steady

APRIL 27 2015 (The Conway Bulletin) – Kyrgyzstan’s Central Bank held interest rates steady at 11% because of slowing inflation, media reported. Previously the Central Bank has aggressively raised interest rates to try and curb inflation generated by the falling value of the som.

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(News report from Issue No. 229, published on April 29 2015)

 

Kyrgyzstan’s IS fighters swell

APRIL 21 2015 (The Conway Bulletin) – Kyrgyzstan’s deputy PM, Abdyrakhman Mamataliev, said there were now 330 Kyrgyz nationals fighting for the radical IS group in Syria. It’s not possible to confirm this number, but if it is accurate this would be a major worry for Kyrgyzstan.

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(News report from Issue No. 228, published on April 22 2015)

Kyrgyzstan strengthens border

APRIL 21 2015 (The Conway Bulletin) – Kyrgyzstan has built a 22,000km barb wire fence along its borders with Uzbekistan and Kazakhstan, media reported, highlighting the often strained border issues in Central Asia.

AKIpress, a Bishkek-based news agency, said that most of the barb was erected along the border with Uzbekistan.

Kyrgyzstan and Uzbekistan have a long-standing quarrel over borders and over the last few years there has been an increase in the number of incidents between the two neighbours along their shared border. These could be locals wandering into no-go areas, or a stand-off between soldiers. The tensest area is around the city of Osh in south Kyrgyzstan, which is part of the Fergana Valley in Uzbekistan.

The borders of Central Asia are complex. Historians have said that Soviet officials deliberately drew the borders to divide people.

Analysts have also said that tension over borders is one of Central Asia’s most serious flashpoints.

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(News report from Issue No. 228, published on April 22 2015)

Military alliance exercises in Kyrgyzstan

APRIL 22 2015 (The Conway Bulletin) – Special forces from Kyrgyzstan, China, Russia, Tajikistan and Kazakhstan — all members of the Shanghai Cooperation Organisation (SCO) — began exercises in Kyrgyzstan, the US-funded Radio Free Europe/Radio Liberty reported. Analysts say the SCO is a military alliance.

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(News report from Issue No. 228, published on April 22 2015)

Kyrgyzstan wants to build more hydropower stations

APRIL 6 2015 (The Conway Bulletin) – Kyrgyzstan plans to tackle a lack of electricity by building small hydropower plants in different parts of the country over the next few years, media quoted industry minister Batyrkul Baetov as saying. One of Kyrgyzstan’s few natural resources is water.
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(News report from Issue No. 226, published on April 8 2015)