The Kyrgyz Republic: WTO accession lessons

learned

World Trade Organization

Kyrgyzstan is situated on North-East of Central Asia

The Kyrgyz Republic

Total area 200 thousand sq.km.

Population 5,134 mln. National currency SomGDP Growth in 2006 2.7%

Process of accession of Kyrgyzstan to the WTO

Application to the WTO – February, 13th, 1996 Formation of the Working Group – April, 16th,

1996 Presentation of the Memorandum into the WTO –

July, 24th, 1996 1-st meeting of Working Party– March, 10-11,

1997 2-nd meeting of Working Party – July, 18th, 1997 3-rd meeting of Working Party– February, 5th,

1998 4-th meeting of Working Party – May, 6th, 1998 5-th meeting of Working Party – June, 23rd, 1998 6-th meeting of Working Party – July, 17th, 1998 Bilateral negotiations – March, 1997 – May, 1998

Process of accession of Kyrgyzstan to the WTO

Acceptance of the Working Party’s report – July, 17th 1998

Signing of the Protocol about joining of the Kyrgyz Republic to Marrakech Agreement about establishment of the World Trade Organization – October, 14th, 1998

Carrying into the effect of the Protocol about joining of the Kyrgyz Republic to the Marrakech Agreement about establishment of the World Trade Organization – December 20th, 1998

The analysis of accession to the WTO Accession process: took 3 years; bringing trade regime in accordance with

WTO rules; bilateral negotiations – base for acceptance

commitments; bilateral negotiations with:USA, EU, Japan,

Switzerland, Czech Republic, Slovak Republic, Cuba, Turkey, Mexico, Australia;

requirements of WTO countries - members about joining to the non obligatory agreements of the WTO and commitments’ acceptance, as for developed countries

Trade Turnover of Kyrgyzstan with WTO and CIS countries

62

,83

0

7,2

58

,13

7,9

45

0,2

44

,94,9

42

52

,1

5,9

48

,84

4,5

6,7

45

,14

5,9

9

45

,75

2,9

1,3

47

,15

1,9

1

51

,74

7,2

1,1

55

,44

3,2

1,4

50

,24

1,9

7,9

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006

other

with WTO

with CIS

Development of Kyrgyzstan’s Trade of Goods to Countries-members of WTO

243278,8

339,5 307,3 351,3 333,2

430,7

259,2371,6

245,2242,8

62

260,2301,7

348,7303,6

414,5

719,3

352,5

255,3

154228,6

0

100

200

300

400

500

600

700

800

Mln

. U

SD

Export Import

Development of Kyrgyzstan’s Trade of Services

255,5

180,4154,3 148,8

305

208,9

154,7142

78,8661,8264,9562,82

124,97

231,1

151,3151,2

0

50

100

150

200

250

300

350

1998 1999 2000 2001 2002 2003 2004 2005

Mln

. US

D

Export

Import

Income of Customs duties

269,13 296,95

413,4 418,5 441,8505,1

792,5

0

100

200

300

400

500

600

700

800

900

2000 2001 2002 2003 2004 2005 2006

Mln

. S

om

Attraction of Foreign Investment to Kyrgyzstan

136,3

108,689,6 90,1

115,70

146,90

175,50

210,30189,46

0

50

100

150

200

250

1998 1999 2000 2001 2002 2003 2004 2005 9. мес.2006

Mln

. US

D

Kyrgyzstan membership in WTO is 8 years old

The average Growth of GDP per year is 3,7% (1998-2005)The geography of trade is extended due to MFN in all WTO countries-members In the total volume of the external turnover of Kyrgyzstan WTO countries-members occupy about 41.9%, including export more than 42% and import – 41.9%. (2006)In comparison with 1998 the volume of foreign investments increased in 2005 in 1,5 times. Putting the legislation in compliance with international rules For the last seven years the collection of customs duties had increased in 2,9 times. Bilateral negotiations was conducted with 13 countries-observers of WTO In 2006 the Trade policy review of the Kyrgyz republic was conducted

Thank you for attention!