Economic cooperation with Russia remains important for Central Asia despite claims about its diminishing role in the region. Trade and in-vestment partnership with Russia significantly contribute to the region’s economic performance. A country-by-country analysis shows that Russia’s bilateral economic relations with Kazakhstan are historically strong. It plays an important role in Kyrgyzstan in both political and economic terms. Russia has deepened its economic ties with Uzbekistan, which recently obtained an observer status in the Eurasian Economic Union.
PDFAzimzhan Khitakhunov is a research fellow at the Eurasian Research Institute. He has received his bachelor, master and Ph.D. degrees from Al-Farabi Kazakh National University (Ph.D. degree was completed in cooperation with the Johns Hopkins University, School of Advanced International Studies, Bologna, Italy). Currently, he is a senior lecturer at Al-Farabi Kazakh National University, Higher School of Economics and Business, Economics Department, where he teaches macroeconomics related disciplines. His research experience includes participation as a research fellow in the government financed f