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Kyrgyzstan to join Customs Union by end of 2013

English.news.cn   2013-03-14 16:09:43            

BISHKEK, March 14 (Xinhua) -- Kyrgyzstan was on course to join the Customs Union of Russia, Belarus and Kazakhstan by the end of this year, deputy prime minister told reporters on Wednesday.

"All the procedures will be finished and mechanisms will be worked out by the end of this year," Tayirbek Sarpashev said.

The Central Asian republic voiced interest in joining the Russia-led trade bloc in late 2011 in a bid to meet an increasing domestic need to strengthen economic ties with its neighbors.

The union, launched in January 2010 by the troika, was seen as the first step to forming a broader EU-type economic alliance of former Soviet Union states.

It allows for unrestricted movement of capital, goods and services across members' national borders.

Editor: Yang Yi
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