• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Claims Epstein Used His Personal Infidelities as Blackmail

June 11, 2026

Legal Activist Claims, Without Evidence, Karmelo Anthony Prosecutor ‘Lied Throughout this Trial… Put on Liars as Witnesses’

June 11, 2026

Pope Leo XIV Rebukes Abortion, Euthanasia at Spanish Parliament

June 11, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Thursday, June 11
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    We Asked Lawmakers Why Epstein’s Pal Bill Gates Was Allowed To Testify Behind Closed Doors

    June 11, 2026

    Albany Democrats poised for biggest leadership shake-up in years

    June 11, 2026

    ‘Again, Racism’: Jasmine Crockett Minimizes Karmelo Anthony Plunging Knife Into Austin Metcalf’s Heart

    June 11, 2026

    Poll: Voter cynicism remains a potent threat to incumbents across the globe

    June 11, 2026

    Trump Mulls At Ending His Signature Trade Deal

    June 11, 2026
  • Health

    Soda and liver cancer, HHS, alcohol report: Morning Rounds

    June 11, 2026

    The World Cup’s Real Viral Threats Aren’t Ebola Or Hantavirus

    June 11, 2026

    Humana To Divest End-Of-Life Care Business For $900 Million

    June 11, 2026

    Diabetes association CEO apologizes for conference expulsions

    June 10, 2026

    Before Getting An Operation, Ask Your Surgeon This Question

    June 10, 2026
  • World

    Pope Leo XIV Rebukes Abortion, Euthanasia at Spanish Parliament

    June 11, 2026

    White House Requires $60M, 7 Federal Agencies For Trumps UFC Fight Staging

    June 11, 2026

    Manchester Firefighters Warned Not to Stand for Farage’s Reform UK

    June 11, 2026

    British Magazine Perfectly Skewers Trump’s Ego With New World Cup Cover

    June 11, 2026

    Emergency Room Waits Kill 300-a-Week in UK

    June 11, 2026
  • Business

    Pilot Union Members Orchestrate Coup Against Labor Bosses

    June 9, 2026

    Jobs Report Blows Past Expectations In Welcome Bright Spot For Inflation-Plagued Economy

    June 5, 2026

    Wall Street Giants Bet Big On Tech As The Iran War Roils Global Markets

    June 4, 2026

    Harley-Davidson Backsliding On Wokeness Despite Previous Policy Reversal

    June 3, 2026

    Another Major Company Flees From Blue State To Texas

    June 3, 2026
  • Finance

    Mizuho Boosts UnitedHealth (UNH) Target as Managed Care Outlook Improves

    June 11, 2026

    Palantir (PLTR) and Kirkland & Ellis Launch AI-Powered Platform to Streamline Private Equity Fundraising

    June 11, 2026

    AI’s impact on economic growth: KKR

    June 11, 2026

    Barclays Raises Hewlett Packard Enterprise (HPE) Price Target on Sustained Demand Strength

    June 11, 2026

    Why Needham Analysts Think Cerebras Stock Can Gain Another 25% After Historic IPO

    June 11, 2026
  • Tech

    Claims Epstein Used His Personal Infidelities as Blackmail

    June 11, 2026

    Aaron Sorkin Makes Mark Zuckerberg a ‘Free Speech’ Boogeyman in ‘The Social Reckoning’ Teaser

    June 11, 2026

    Trump Asks for Short-Term Extension of Key Spy Power Authority

    June 11, 2026

    Chrysler Recalls 17,000 Pacifica Plug-In Hybrid Minivans over Battery Fire Risk, Advises Owners to Park Outside

    June 10, 2026

    Bill Gates to Face U.S. Congress Questioning over Epstein Links

    June 10, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Just a Little Tax Spat? Russia Asks Kyrgyzstan to Stop Pressure on Companies
Finance

Just a Little Tax Spat? Russia Asks Kyrgyzstan to Stop Pressure on Companies

February 4, 2025No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Just a Little Tax Spat? Russia Asks Kyrgyzstan to Stop Pressure on Companies
Share
Facebook Twitter LinkedIn Pinterest Email

During a bilateral meeting between Russian Prime Minister Mikhail Mishustin and his Kyrgyz counterpart, Chairman of Kyrgyzstan’s Cabinet of Ministers Adylbek Kasymaliev, the Russian official reportedly registered complaints regarding “a number of issues that cause us serious concern.”

On the sidelines of a January 31 Eurasian Economic Union (EAEU) gathering in Almaty – the meeting of the Eurasian Intergovernmental Council, comprised of EAEU member-state prime ministers – the Russian an Kyrgyz prime ministers met.

According to a readout posted to Telegram of the meeting by the Russian side, Mishustin “expressed hope that Kyrgyzstan, under the leadership of Adylbek Kasymaliev, will continue to strengthen cooperation with Russia in all areas.” The post went on to note several areas where joint projects have been proposed, including in manufacturing, energy, transport, “geological exploration,” and the digital economy.

Long intertwined, Kyrgyzstan’s economic relations with Russia have only deepened since Moscow’s full-scale invasion of Ukraine in February 2022. For example, Kyrgyz exports to Russia exploded, from a baseline of $377 million in 2019 (before the COVID-19 pandemic) and $425 million in 2021 to $1.07 billion in 2022. That figure contracted in 2023 to $743 million, but the spike is clear. On the other end, Kyrgyz imports from Russia have risen since before the pandemic but remained relatively steady: $1.4 billion in 2019, $1.91 billion in 2021, $2.4 billion in 2022, and $2.18 billion in 2023.

Perhaps more relevant: Russian foreign direct investment in Kyrgyzstan has risen in recent years. In the first half of 2024, the volume of Russian FDI in Kyrgyzstan increased by 24.2 percent.

See also  The Deep Potential of Pakistan’s Climate Finance

During their bilateral meeting on January 31, according to the Russian account, Mishustin asked “that the leadership of Kyrgyzstan stop administrative pressure on our companies and ensure the protection of the rights and legitimate interests of Russian investors.”

On Telegram, the Russian government shared a quote from Mishustin which minced few words:

There are a number of issues that cause us serious concern. These are unfounded claims and illegal statements by high-level representatives of Kyrgyz government bodies against honest, bona fide Russian companies that are developing the economy of Kyrgyzstan, creating new jobs, and are among the largest taxpayers. Specific facts of illegal, sometimes extortionate actions are set out in a diplomatic note from the Russian Ministry of Foreign Affairs. We ask that the leadership of Kyrgyzstan stop administrative pressure on our companies and ensure the protection of the rights and legitimate interests of Russian investors.

On February 3, Mishustin spoke again with his counterpart, Kasymaliyev, by phone. 

According to RFE/RL’s Kyrgyz Service, Azattyk, the Kyrgyz Cabinet of Ministers press service statement only “noted the high level of bilateral relations and emphasized the importance of further expanding cooperation in priority areas,” without mention of Mishustin’s complaints. 

While Mishustin gave no specifics, Azattyk noted that in November 2024, Kyrgyzstan’s State Committee for National Security (SCNS) searched the Yandex.Taxi office as part of a tax evasion investigation. Yandex.Taxi is a ridesharing company under the broader umbrella of Yandex, a massive Russian technology company akin to Google. 

On February 3, the chair of the Kyrgyz State Tax Service, Almambet Shykmamatov, released a statement referring to Mishustin’s complaints as “an inaccuracy.” He called Mishustin’s used of the word “extortion” a “gross exaggeration.”

See also  Macron Suggests Global Tax System to Subsidise Green Agenda

“We do not divide taxpayers into those from our country, from a large power or from a small state. The tax norms established by law apply equally to everyone, and everyone complies with them,” he said. 

Shykmamatov stressed his belief that the issue at hand “is a normal economic issue, and it should not affect the strategic relations between the two countries.”

Incidentally, Kasymaliev was named chairman of the Cabinet of Ministers in December following the resignation of his predecessor, Akylbek Japarov (no relation to Kyrgyz President Sadyr Japarov), amid a scandal involving the State Tax Service. Shykmamatov also took on his post leading the tax service in December, following the arrest of his predecessor, Altynbek Abduvapov.

Akylbek Japarov’s resignation has not officially been tied to the scandal. Regardless, his resignation after three years running the Kyrgyz government under President Japarov is worthy of attention. During that period, he saw through considerable reforms. When asked about the situation in December, SCNS head Kamchybek Tashiev answered: “[Akylbek Japarov] left because there was a connection with something. He didn’t just leave.”

The Russian prime minister, as noted above, did not name names, but given the intertwined nature of the Kyrgyz and Russian economies – and the possibility of greater U.S. sanctions – this spat is worth watching.

Asks companies Kyrgyzstan pressure Russia Spat Stop tax
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Mizuho Boosts UnitedHealth (UNH) Target as Managed Care Outlook Improves

June 11, 2026

Palantir (PLTR) and Kirkland & Ellis Launch AI-Powered Platform to Streamline Private Equity Fundraising

June 11, 2026

AI’s impact on economic growth: KKR

June 11, 2026

Barclays Raises Hewlett Packard Enterprise (HPE) Price Target on Sustained Demand Strength

June 11, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

How Can Soy Help Skin? Here’s What an Expert Says

March 1, 2024

World Spy Chiefs Gather in Singapore for Secret Security Meeting

June 6, 2023

The Floodgates Open Against Fox as a New Defamation Suit is Filed

May 12, 2023

Molotov Cocktail Discovered at ‘Vigil’ for Jordan Neely in New York City (VIDEO) | The Gateway Pundit

May 10, 2023
Don't Miss

Claims Epstein Used His Personal Infidelities as Blackmail

Tech June 11, 2026

Billionaire Microsoft co-founder Bill Gates claimed Wednesday disgraced sex offender Jeffrey Epstein attempted to use information…

Legal Activist Claims, Without Evidence, Karmelo Anthony Prosecutor ‘Lied Throughout this Trial… Put on Liars as Witnesses’

June 11, 2026

Pope Leo XIV Rebukes Abortion, Euthanasia at Spanish Parliament

June 11, 2026

Soda and liver cancer, HHS, alcohol report: Morning Rounds

June 11, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,379)
  • Entertainment (5,022)
  • Finance (3,733)
  • Health (2,252)
  • Lifestyle (1,892)
  • Politics (3,514)
  • Sports (4,467)
  • Tech (2,246)
  • Uncategorized (4)
  • World (4,895)
Our Picks

GOP senator detonates pro-abortion professor with one simple question: ‘I refuse to be shackled by your question’

April 28, 2023

California Couple Identified As 2 Found Dead At Luxury Mexico Resort

June 15, 2023

Vice President Kamala Harris to Lead First-Ever White House Office of Gun Violence Prevention

September 22, 2023
Popular Posts

Claims Epstein Used His Personal Infidelities as Blackmail

June 11, 2026

Legal Activist Claims, Without Evidence, Karmelo Anthony Prosecutor ‘Lied Throughout this Trial… Put on Liars as Witnesses’

June 11, 2026

Pope Leo XIV Rebukes Abortion, Euthanasia at Spanish Parliament

June 11, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.