Proposals from the EU were sent to the Kyrgyz side
Kyrgyzstan, together with the European Union, will begin developing a plan aimed at technical cooperation to remove Kyrgyz banks from the sanctions list. This became known from sources in the Cabinet of Ministers.
Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet, held discussions with the EU Special Envoy for Sanctions, David O'Sullivan, who arrived in Kyrgyzstan on a working visit.
During the meeting, the participants continued the dialogue on the application of sanctions.
Amangeldiev noted that Kyrgyzstan is actively strengthening its measures for financial monitoring and increasing the transparency of foreign economic operations.
He emphasized that the effectiveness of control in the field of exports and finance requires shared responsibility from all participants in the foreign economic chain, including European suppliers.
The importance of good faith compliance with export control requirements by European partners was also highlighted.
Amangeldiev shared information about specific measures to strengthen control mechanisms in the country's commercial banks.
The Kyrgyz side emphasized the need to develop clear and transparent procedures, as well as to use reliable and up-to-date data for making informed decisions and coordinating actions.
Additionally, the meeting discussed the necessity of drafting a plan for joint actions and determining the format for further technical interaction aimed at gradually addressing issues related to sanctions affecting specific banks.
David O'Sullivan, for his part, noted that transparency of actions is a key factor for trust from European institutions and the international community.
He also reported that specific proposals for technical cooperation to lift sanctions from Kyrgyz banks have already been sent to the Kyrgyz side to minimize financial risks in the future.
The Special Envoy expressed hope for further progress in strengthening export and financial control systems.
