Russia holds scaled-back Victory Day parade, rejects prolonged ceasefire
Russia is holding a significantly scaled-back Victory Day parade in Moscow on 9 May 2026, reflecting heightened security concerns and the ongoing w...
Imports of industrial goods into Kyrgyzstan surged in January 2026, driven by a construction boom and the modernisation of production capacity, with China supplying $51.2 million in electrical equipment to become the country’s largest trading partner.
The National Statistical Committee reported that imports of electrical machinery and equipment rose by 45.8% year on year to $51.2 million, largely supplied by China. Imports of base metals also increased sharply, rising 2.3-fold to $79.7 million, including $58.8 million in steel products from Russia.
Other key import categories included plastics and related products at $21.1 million, pharmaceuticals at $20.9 million (up 18.1%), and clothing and accessories at $6.3 million, supplied mainly by China, Türkiye and Uzbekistan.
Overall, imports accounted for 87.7% of Kyrgyzstan’s total external trade turnover, which reached $1.05 billion in January, underlining the country’s continued reliance on foreign industrial and technical goods.
Despite strong import growth, export performance remained uneven. Exports of machinery and equipment rose by 54.3% to $9.8 million, while exports of plastics increased by 30.1% to $5.7 million.
However, clothing exports, a key employment sector, declined by 21.2% to $5.5 million, signalling structural challenges in the textile industry. Exports of transport equipment reached $3.6 million, while glass products totalled $1.4 million.
The country recorded a significant trade deficit of $799.3 million, with exports accounting for just 12.3% of total trade.
China and Russia remained the dominant suppliers, accounting for a combined 63% of total imports. China alone contributed 36.6% ($338.6 million), while Russia accounted for 26.4% ($244.3 million).
Other notable import partners included Kazakhstan (9.4%), Uzbekistan (5.7%) and South Korea (5%).
On the export side, Russia and Kazakhstan were the main destinations, each accounting for around 22% of exports, followed by Uzbekistan with a 13% share. Meanwhile, Switzerland ranked fourth, highlighting diversification in export markets.
Imports from Commonwealth of Independent States (CIS) countries increased by 27.4%, while imports from non-CIS countries declined by 6.1%, indicating a shift towards regional trade integration.
However, analysts note that Kyrgyzstan remains highly dependent on imports from third countries, which account for 62.3% of total trade. The current trade structure reflects both rising domestic demand and ongoing challenges in developing competitive export industries.
The U.S. and Iran exchanged fire in and around the Strait of Hormuz, though both sides signalled they did not want escalation. The clashes come as Washington awaits Tehran’s response to a proposed deal to end the war while leaving key disputes, such as Iran’s nuclear programme, unresolved for now.
Efforts to end the U.S.-Iran war appeared to stall as the two sides exchanged fire in and around the Strait of Hormuz. A reported CIA assessment suggested Tehran could withstand a U.S. naval blockade for months despite mounting sanctions and renewed Gulf attacks.
Singapore has isolated and is testing two of its residents who travelled aboard a cruise ship linked to a deadly hantavirus outbreak, the Communicable Diseases Agency (CDA) said on Thursday.
Russia is holding a significantly scaled-back Victory Day parade in Moscow on 9 May 2026, reflecting heightened security concerns and the ongoing war in Ukraine, now in its fourth year.
Health authorities are monitoring a widening hantavirus alert after new suspected cases emerged in Spain and on a remote South Atlantic island, days after an outbreak on a cruise ship left three people dead and several others infected.
SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all required regulatory approvals.
Fuel exports from Azerbaijan to Armenia are continuing, with eight rail wagons carrying 479 tonnes of diesel fuel dispatched as part of the latest shipment between the two South Caucasus neighbours.
A Kyrgyz–Japanese archaeological expedition has uncovered the remains of a Buddhist temple complex at the medieval settlement of Ak-Beshim, also known as Suyab, in Kyrgyzstan’s Chui Region.
A memorandum of understanding has been signed between Baku State University (BSU) and the international television channel AnewZ, marking a new stage of cooperation in journalism education and media development.
The 19th Azerbaijan International Agricultural Exhibition and Forum, Caspian Agro Week, and the 31st InterFood Azerbaijan have opened in Baku, bringing together global industry leaders, policymakers and investors to showcase innovations in agriculture and food production.
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