Economic Relations of Kyrgyzstan and PRC: History, Problems, Prospects

DOI: 10.20542/0131-2227-2023-67-6-116-123
Kyrgyz National University named after Jusup Balasagyn, 547, Frunze Str., Bishkek, 720033, Kyrgyzstan.
A. Arzymatova,
Kyrgyz National University named after Jusup Balasagyn, 547, Frunze Str., Bishkek, 720033, Kyrgyzstan.
Altai State University, 61, Prosp. Lenina, Barnaul, 656049, Russian Federation.

Received 21.11.2022. Revised 06.03.2023. Accepted 03.04.2023.

Acknowledgements. The article was prepared with the support and within the framework of the state task of the Altai State University, project no. 748715F.99.1. 97AA00002 “The Turkic-Mongolian world of the Great Altai: unity and diversity in history and modernity”.

Abstract. The Kyrgyz Republic and the countries of Central Asia are key territories on the path to the implementation of the Silk Road Economic Belt within the framework of the Chinese One Belt, One Road project. After the collapse of the USSR, the entire post-Soviet space for the rapidly growing Chinese economy became even more important as a sales market, and the Central Asian republics, including Kyrgyzstan, turned into key, transit territories within the framework of the One Belt, One Road project. Based on the statistical data of the General Administration of Customs of China and Kyrgyzstan, as well as legal documents, the article examines the dynamics, features and prospects of bilateral trade and economic cooperation. The authors identified the main stages of interaction between the two countries, identified the problems and opportunities for trade and economic cooperation, which has been rapidly developing since the end of the last century. Bilateral dialogue in the trade and economic sphere has good prospects. To date, China has firmly taken the place of the main trading partner of Kyrgyzstan. However, despite the positive dynamics, a number of negative phenomena have been revealed in trade and economic relations. These phenomena were primarily associated with the consequences of the pandemic, the growth of Sinophobia, etc. At present, in all countries of Central Asia, including Kyrgyzstan, Chinese initiatives have both supporters and skeptics, as well as those who fear possible negative consequences in the implementation of Chinese projects. The authors note that there are fears in connection with the expansion and strengthening of the influence of the Celestial Empire in the region, which may have the consequences of territorial concessions to a strong neighbor in exchange for investment, fears associated with economic and migration expansion. But objectively, cooperation between the People’s Republic of China and Kyrgyzstan is gaining momentum, which can bring both benefits as well as certain challenges and risks.

Keywords: foreign trade, economics, integration, cooperation, environment, One Belt, One Road, Kyrgyzstan, China


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For citation:
Omurova J., Arzymatova A., Lysenko Y. Economic Relations of Kyrgyzstan and PRC: History, Problems, Prospects. World Eonomy and International Relations, 2023, vol. 67, no. 6, pp. 116-123. EDN: YKTCDW

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