Kyrgyzstan Sees Sharp Growth in Russian Investment

Russian investments in Kyrgyzstan’s economy rose by more than 23% in 2024 compared to the previous year, totaling nearly $200 million, according to a report from the Russian embassy in Bishkek.

"Russian investments in the Kyrgyz economy are on the rise: investments from Russia grew by more than 23% in 2024 to almost $200 mln," the report said, The Caspian Post informs, citing TASS.

Moreover, the share of mutual payments in national currencies in commercial transactions between the two countries has reached 98%. "In 2024, trade turnover between Russia and Kyrgyzstan gained 14.7% to $3.5 bln. In mutual commercial transactions we rely on national currencies: their share has surpassed 98%," the embassy said.