Events in Kyrgyzstan affected the prices of grapes, persimmons and onions in Uzbekistan and Tajikistan

Published Oct 12, 2020

Tridge summary

The political unrest in Kyrgyzstan since October 5, 2020, has disrupted the logistics of the fruit and vegetable trade in the Eurasian Economic Union (EurAsEC), affecting trade routes through Kyrgyzstan, a key entry point for Uzbekistan and Tajikistan's products. The unrest has led to border closures, customs issues, and bank downtime, forcing exporters to find alternative routes and increasing transportation costs. The situation has impacted the export of grapes, persimmons, onions, and apples, with price fluctuations in Tajikistan and Uzbekistan due to altered supply and demand dynamics.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The events in Kyrgyzstan, which began on Monday, October 5, 2020, seriously affected the fruit and vegetable business of the entire region, according to EastFruit experts from Central Asia. As you know, Kyrgyzstan has been part of the Eurasian Economic Union (EurAsEC) since 2015. During this period, Kyrgyzstan, along with Kazakhstan, has become the most important point of entry of products from Uzbekistan and Tajikistan to the market of the EurAsEC member countries. We have also repeatedly written about strange imbalances in trade statistics of Kyrgyzstan and neighboring countries of the region that are not members of the EurAsEC, which suggests an even more important role of this country in the fruit and vegetable trade than official statistics show. Read also: Since the beginning of the year, Kyrgyzstan has increased the export of fruits and vegetables by almost a third. Therefore, undoubtedly, any violation of logistics in Kyrgyzstan immediately affects the prices of the entire ...

Source: Eastfruit