27 Oct 2014 13:38

President Atambayev: Price hike in store for Kyrgyzstan unless it joins Customs Union

BISHKEK. Oct 27 (Interfax) - Kyrgyz President Almazbek Atambayev stands for Kyrgyzstan's accession to the Customs Union of Belarus, Kazakhstan and Russia in spite of the possible inflation risks.

"Yes, there may be a certain price rise and inflation but these risks will accelerate unless we join [the Customs Union] now," the head of the republic said at the Monday meeting of the National Sustainable Development Council.

"We must join the Customs Union while we can with our head raised high