Kyrgyz president proposes CSTO leaders to develop common approaches to mitigate consequences of sanctions

Bishkek, May 16, 2022 / Kabar /. President of Kyrgyzstan Sadyr Zhaparov today, speaking at the anniversary meeting of the leaders of the Collective Security Treaty Organization (CSTO) member states in Moscow, proposed the leaders of the CSTO countries to develop common approaches to mitigate the consequences of sanctions.

In his speech, the president of Kyrgyzstan expressed concern over the sanctions confrontation.

“The Kyrgyz economy has not yet recovered from the coronavirus pandemic, and the sanctions situation is already threatening food and energy security, macroeconomic stability and social stability,” said Sadyr Zhaparov.

The head of state stressed that in these conditions there is a need to discuss and develop common approaches to mitigate the consequences of the sanctions and prevent the deterioration of the socio-economic situation during the upcoming meetings of the Supreme Eurasian Economic Council and the first Eurasian Economic Forum in Bishkek.