Foreign Trade Problems of Kyrgyzstan
This paper aims to explore export potentials of Kyrgyzstan and proposes possible measures to increase it. Comparative factor endowment estimations show that export production of Kyrgyzstan is labor-intensive. Therefore, promotion of labor-intensive sectors of the economy is important for growth of the export. Thus, determination and promotion of relatively advantageous sectors of the economy are most important measures. In particularly promotion of textile and processing industries are characterized as significant among other sectors of the economy. Development of export potentials necessitates special state support and advisory agencies. Further acceleration of integration process with other Eurasian economies is expected to positively contribute to growth of the export. However, recent socio-political developments in Kyrgyzstan have shown that stability and provision with security are fundamental factors for development of export potentials.