By 15% will rise all prices in Kyrgyzstan after entering the CU, according to the government

Date: 12:57, 25-06-2014.

Bishkek on June 25. Silkroadnews - After joining the Customs Union, prices for consumer goods in Kyrgyzstan will increase by 15%, Deputy  Minister of Economy Daniel Ibraev. This was reported by Kyrgyz Telegraph Agency (KyrTAG).

"We expect the rise in prices for goods of basic consumption by 15%. Increase will apply mainly finished goods from China, those products that we re-export "- said D.Ibraev at a roundtable "Kyrgyzstan and Customs Union: Economic Realities and Prospects"on Wednesday.
According to him, not all prices will go up. In particular, grain, flour will be much cheaper. Also will reduce the cost of petroleum products, metal products, wood products.
"Assuming the Customs Union, Kyrgyzstan will enter the zone of certain difficulties. But we will open new opportunities. The rules will be tough. However, if we do not start taking now, we will not be able to compete not only with the countries of the Customs Union, but also with other partners. Our business needs to be reoriented, and in a few years we will see a prosperous Kyrgyzstan ", - said D. Ibraev.

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