Аналитические статьи | Analytical articles

Pros and cons of Kyrgyzstan’s entering Customs Union

A seminar entitled ‘Does Kyrgyzstan need the Customs Union?’ organized by the Central Asian Free Market Institute (CAFMI) was recently held in Bishkek.

The Customs Union of Russia, Belarus and Kazakhstan, established within the Eurasian Economic Community (EurAsEC) limits, came into force on January 1, 2010. Tariffs on more than 11,000 products have already been adjusted. Beginning in July 2011, the three countries will have a common customs border.

What matters in privatization is PROCESS – lessons not yet learned by Kyrgyzstan

Since 2008, President Bakiev has embarked on a privatization mission. Lessons from around the world and most recently other former Soviet countries, including Russia, Kazakhstan, and others, clearly illustrate that privatization is not an end to itself. Rather the process of privatization is the key to successful transition from a centralized to a market economy.