Russia will invest $2 billion in former Soviet Kyrgyzstan, Russian President Vladimir Putin said on Wednesday, after meeting his Kyrgyz counterpart ahead of a regional summit.
Central Asia holds huge supplies of untapped energy resources and the West, Russia, China and Iran have being eyeing ways of developing them and transporting them to world markets. Kyrgyzstan also hosts both a Russian and a U.S. air base.
"We need only good projects," Putin said. "We must take all necessary steps to fund these projects."
Kyrgyzstan lags behind Kazakhstan and Turkmenistan in terms of enery resources, but has considerable reserves of gold.
On Thursday leaders from Russia, China and four of the ex-Soviet Central Asian states meet to work out how to strengthen an alliance, the Shanghai Cooperation Organisation, aimed at maintaining strategic control over the region.
-
The dire American political situation: a brief overview for faithful Christians in Britain
-
Conversion therapy ban supporters want prayer to be criminalised - this must not be allowed
-
Why the US election results do not bode well for America
-
Police appeal for witnesses after head smashed off Jesus statue at church war memorial
-
Are we seeing the end of Western civilisation?
-
Christian group sees increasing openness to Christianity among politicians
Most Popular
News
Calls for inquiry into Queensland assisted suicide system
Despite the rise in deaths, the watering down of safeguards has been proposed.
Justin Welby says government reparations for slavery a ‘moral evil’
Welby was supportive of Project Spire during his time as Archbishop of Canterbury.
South Sudanese churches work for peace as tensions mount
South Sudan is the world's youngest sovereign nation.
Alister McGrath: New Atheism has ‘tanked’
“I am seeing a growth in young people wanting to talk about Christianity."
