Economic activity between the EU and the Kyrgyz Republic is on the rise. Total trade with the EU amounted at approximately EUR 1152 million in 2019.
The recently adopted EPCA and new EU Strategy on Central Asia see trade and economic relations as an important area of cooperation, which still has a significant potential for development and strengthening the wellbeing of people. The EU also provides funds to various projects in the regions and nationally.
The organisation of a first EU-Central Asia economic forum in Bishkek, tentatively scheduled in 2021, would provide an opportunity to boost trade and investment between the Central Asia and the EU and to discuss post-Covid economic recovery.
The Kyrgyz Republic benefits from the EU's Generalised Scheme of Preferences plus (GSP+), the special incentive arrangement for sustainable development and good governance (GSP+). It provides additional tariff preferences to developing countries which are vulnerable due to a lack of diversification and insufficient integration within the international trading system, when exporting to the European Union (EU).
The GSP+ status allows the Kyrgyz Republic to strengthen its economy by exporting 6200 products to the European Union without any tariffs/with no tax duties regime. To benefit from GSP+, a product must either be wholly obtained in the Kyrgyz Republic, or must have undergone sufficient manufacturing, working or processing in the Kyrgyz Republic.
As a GSP+ beneficiary, Kyrgyzstan is under a legal obligation to maintain the ratification of the 27 conventions and to ensure their effective implementation. Kyrgyzstan’s performance in this regard is subject to an enhanced monitoring mechanism by the EU side.
The monitoring mechanism makes use of several tools. The first is the "scorecard", a table summarising the salient shortcomings of the country in the implementation of the conventions. Secondly, the Commission establishes a "dialogue on GSP+ compliance" with Kyrgyzstan, drawing its attention to the areas identified in the scorecard. The results are included in the report on the compliance of GSP+ beneficiaries with the relevant criteria that the Commission has to transmit to the European Parliament and the European Council every two years.
Here you can find additional information regarding the Generalised Scheme of Preferences.
For additional information on the certification criteria, phytosanitary and rules of origins requirements which products have to fulfil for export to the EU, please visit the website of the Help Desk of the Directorate General for Trade of the European Commission: http://exporthelp.europa.eu/thdapp/index.htm
For information on how to export goods to a particular Member State of the European Union, please consider contacting its Embassy accredited to the Kyrgyz Republic. The full list of the Embassies of the EU Member States may be found here.
Citizens of the Kyrgyz Republic may also contact the call center of the Ministry of Economy of the Kyrgyz Republic by a short phone number: 1220.
- Guide for users about the EU rules of origin for the GSP and GSP+. File may be downloaded in English, Russian and Kyrgyz languages.
- Factsheet about the GSP+ in English language.
- List of Kyrgyz goods under GSP+ in Russian and Kyrgyz languages.
- Brochure on GSP+ in Kyrgyz and Russian languages.
More information on trade with Central Asia/Kyrgyzstan: