Tag Archives: Kyrgyzstan

Kyrgyzstan-gold miner raises cash

SEPT. 28 2016 (The Conway Bulletin) – Kyrgyzstan-focused miner Chaarat Gold said it raised £4.1m ($5.3m) by issuing 78.8m new shares in London. Labro Investments, which previously held a 25.6% stake in the company, will raise its ownership to 31.7%. Last week, Martin Andersson, owner of Labro Investments, was named non-executive chairman of the British Virgin Islands-registered company.

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(News report from Issue No. 298, published on Sept. 30 2016)

ADB funds road in Kyrgyzstan

SEPT. 28 2016 (The Conway Bulletin) – The Asian Development Bank (ADB) agreed to issue $95m in loans and grants to Kyrgyzstan for the reconstruction of the North-South Corridor, a vital road link. The Eurasian Development Bank, the Islamic Development Bank, the Saudi Fund for Development and China’s Export-Import Bank are also participating in the reconstruction of the road.

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(News report from Issue No. 298, published on Sept. 30 2016)

Kyrgyz President recovers

SEPT. 27 2016 (The Conway Bulletin) – Kyrgyz President Almazbek Atambayev’s health has improved after he underwent medical treatment in Moscow and he is likely to return home at the weekend, his staff said in a statement. Mr Atambayev cancelled a trip to attend a session of the UN General Assembly in New York last week after complaining of chest pains during a layover in Turkey.

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(News report from Issue No. 298, published on Sept. 30 2016)

Referendum season

SEPT. 30 2016 (The Conway Bulletin) – >> Azerbaijan held a referendum this week to tweak its constitution. Didn’t Tajikistan have one in May and hasn’t Kyrgyzstan said it will hold one in December. What’s with all these referendums?

>> The autocrat’s textbook says that every so often you need to call up a referendum to make changes, big or minor, to the constitution, and also to show off just how popular you are. They all have their peculiarities and differences, but leaders from Central Asia and the South Caucasus have all played the referendum card.

In May, 92% of Tajikistan’s voting population turned up to extend presidential powers.

This week, a referendum in Azerbaijan proposed 29 small-scale amendments to the Constitution, which were overwhelmingly adopted, of course.

In the coming months, Kyrgyzstan is likely to have a referendum to grant more powers to the PM.

In previous years, countries across the region have held several referendums. Essentially the aim has been to change the Constitution to allow the incumbent to remain in power by scraping limits on terms, age caps, the length of each term.

>> OK, but are these changes meaningful? Do they have a real impact on politics?

>>These kinds of referendums can be meaningful. From a legal point of view, they change the law. They scrap age requirements to become president — as was the case in Tajikistan and Azerbaijan — and transfer powers from the president to the PM — like Kyrgyzstan’s referendum proposes.

In practice, however, their main aim is for the presidents to retain power or to transfer it to their offspring. There have been notable, and honourable exceptions, of course but not many.

Tajikistan’s referendum this year scrapped limits on presidential terms and lowered the age that a person can run for president to 30 from 35, potentially allowing President Rakhmon’s son, Rustam Emomali, to run for office in 2020.

Azerbaijan had already scrapped limits on presidential term in a referendum in 2009. This time round it lowered the age requirement to 18 from 35 and gave the president the right to dissolve Parliament. President Aliyev’s son Heydar is 19 now. This may be a coincidence, of course.

>> And what about Kyrgyzstan?

>> Kyrgyzstan is a little different. President Almazbek Atambayev will have to leave office next year after his term expires. Some have speculated that, in an effort to avoid losing power he is trying to strengthen the office of PM where he would like to return once he steps down next year.

Certainly his reasons for supporting changes to the constitution are not entirely clear.

The key difference, once again, with other countries in Central Asia, is that Kyrgyzstan’s democracy has advanced further.

>> So, essentially, most of the more seriously autocratic leaders in the region, that’s Azerbaijan and Central Asia with the exception of Kyrgyzstan, have all used referendums to improve their chances of holding on to power? By contrast Georgia, Armenia and Kyrgyzstan have held referendums in the last few years to boost the power of Parliament over the presidency? Is that right?

>>More of less, although it is important to understand that the drivers of referendums in Georgia, Armenia and Kyrgyzstan can also lie in self-interest with incumbent presidents hoping to hold on to power by becoming PM.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 298, published on Sept. 30 2016)

China to close border with Kyrgyzstan

SEPT. 29 2016 (The Conway Bulletin) – Chinese authorities said they would shut border crossings with Kyrgyzstan for three days at the beginning of October because of a national holiday. It is not uncommon for countries to close off their borders in connection with national holidays, but this decision seems to be tied to worsening security between the two countries. China and Kyrgyzstan blamed on Uyghur separatists an attack to the Chinese embassy in Bishkek in late August. China has not said it will close any other international border during this hoilday.

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(News report from Issue No. 298, published on Sept. 30 2016)

Kyrgyzstan’s Air Manas launches flight to China

SEPT. 19 2016 (The Conway Bulletin) – Kyrgyzstan’s Air Manas launched a route from Bishkek to Kashgar, in China’s Xinjiang region, strengthening regional links. Turkish low-cost airline Pegasus owns 49% of Air Manas. The air link to Kashgar will be synchronised with Istanbul-Bishkek connections. The Xinjiang region is synonymous with Uyhgurs. There is a large Uyhgur minotiry living in Bishkek.

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(News report from Issue No. 297, published on Sept. 23 2016)f

 

Kyrgyzstan receives tax back from Chinese refinery company

SEPT. 20 2016 (The Conway Bulletin) – Kyrgyz MP Yekmat Baibakpayev said that the state budget received just over 1b som ($15m) from the China-run Junda refinery, which faced closure this year for evading taxes. Mr Baibakpayev said that the oil refinery, located in the north of the country, owes the government five times as much. The Junda refinery was built by the China Petrol Company for $430m and opened in 2014.

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(News report from Issue No. 297, published on Sept. 23 2016)

Kyrgyz President falls ill in Istanbul with chest pains

BISHKEK, SEPT. 19 2016 (The Conway Bulletin) — Kyrgyz president Almazbek Atambayev cancelled a trip to the UN General Assembly meeting in New York because he was feeling unwell and was suffering from chest pains.

Instead, Mr Atambayev diverted his plane to Istanbul where he checked into a hotel and was examined by doctors. Only four hours later Mr Atambayev flew down to Izmir on the Mediterranean coast for a break and to convalesce. He would, his press team said, be back at work by next month.

On Friday, he was reported to have flown to Moscow for more treatment.

In Bishkek, speculation swirled across kitchen tables, bars and shops over the state of the President’s health, his no-show at the UN General Assembly and his unscheduled stopover in Izmir and Istanbul.

Rita Karasartova, an opposition activist, said “While Atambayev is in Turkey, there could be arrests (of opposition activists) here. After the arrests, Atambayev could say he did not know anything about it because he was out of country.”

Other, pro-Atambayev analysts, disagreed.

Mr Atambayev has cut a divisive figure. He has proposed constitutional amendments to hand the PM more power and quarrelled with his predecessor Roza Otunbayeva.

And his health has been the focus of speculation previously. Two years ago he took to walking with a stick. His press team said that he had a knee condition but they couldn’t stop the image of a frail-looking president.

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(News report from Issue No. 297, published on Sept. 23 2016)

Political tension builds in Kyrgyzstan

SEPT. 19 2016 (The Conway Bulletin) – Edil Baisalov, who previously served as chief of staff to ex-Kyrgyz President Roza Otunbayeva, said the country’s security services are targeting him and some of his former colleagues and could soon arrest him on trumped up charges. Mr Baisalov’s accusations fit with the worsening political tension between President Almazbek Atambayev and his predecessor.

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(News report from Issue No. 297, published on Sept. 23 2016)f

 

 

CIS meeting convenes in Kyrgyz capital

SEPT. 16 2016 (The Conway Bulletin) – Heads of states of CIS countries convened in Bishkek for their annual meeting, a summit that focused on countering both the growing recruitment drive of the IS extremist group in the region and the threat from the Taliban in neighbouring Afghanistan. Notably, this was Belarusian President Aleksandr Lukashenko’s first visit to Kyrgyzstan since former Kyrgyz President Kurmanbek Bakiyev fled to Belarus after being ousted in a revolution in 2010.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)