29 May 2019 12:23

Kyrgyz president proposes setting up body to regulate EAEU electricity market

NUR-SULTAN. May 29 (Interfax) - Kyrgyz President Sooronbai Jeenbekov has proposed setting up a special body based in Kyrgyzstan to regulate the electricity market within the Eurasian Economic Union (EAEU).

"We are already forming a common electricity market right now. The emergence of new regulation areas requires efficient management and, consequently, the establishment of new governing bodies of the Union. I propose considering establishing a body to regulate our common electricity market," Jeenbekov said at a meeting of the Supreme Eurasian Economic Council in Bishkek on Wednesday.

"Considering its electricity potential, Kyrgyzstan is willing to house this body," he said.