Sunday, May 26, 2024

Kyrgyzstan Is Booming! Import Of German Motor Vehicles And Parts Soar By 5500% since February 2022!

Or maybe Germany is evading the sanctions on Russia. 

From News (Kyrgyzstan news agency), November 2023:

Record growth of car imports from Germany to Kyrgyzstan registered

Robin Brooks, chief economist at the Institute of International Finance (IIF), said that the supply of cars and spare parts from Germany to Russia rose sharply after February 24, 2022. The post was published on the X social media platform.

«German exports of motor vehicles and parts (blue) to Kyrgyzstan are up 5500% since Russia invaded Ukraine. You don’t have to be a rocket scientist to know that all this stuff is heading to Russia. It’s not like Kyrgyzstan is suddenly in a massive boom. Germany has to stop this...,» Robin Brooks posted....


Recently on Kyrgyzstan:

"Tajikistan and Kyrgyzstan taking action to curb sorcery and charlatanism"

And previously (among others):

Getting the Band Back Together: Russia, Belarus, Kazakhstan to Formalize Trade Bloc (Kyrgyzstan, Armenia hope to join by year end)

European Bank For Reconstruction and Development Says Central Asia Is Where The Action Is  

"Frontier Markets: Kyrgyzstan Stock Exchange"