In Kyrgyzstan, a meeting took place between Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers, and David O'Sullivan, the Special Envoy of the European Union for Sanctions, who visited the country on a working visit.
During the discussion, the participants exchanged views on sanctions issues. Amangeldiev noted that the Kyrgyz Republic adheres to a professional and pragmatic approach to risk management, which includes strengthening measures for compliance, financial monitoring, and transparency in foreign economic operations.
The Kyrgyz side emphasized that effective export and financial control requires joint responsibility from all participants in foreign economic activity, including European exporters.
The importance of European suppliers complying with export control requirements was discussed, as well as the need for due diligence on counterparties, proper documentation of transactions, and providing a complete set of supporting materials for verifying the end user and the designation of goods.
Particular attention was paid to the financial sector. The Kyrgyz side reported on specific steps to strengthen control mechanisms in commercial banks, including comprehensive checks of operations and blocking high-risk transactions.
Questions were also raised about creating clear and transparent mechanisms, such as unified risk assessment criteria and agreed procedures, which would allow for timely feedback. The importance of using reliable and up-to-date information was highlighted as a basis for decision-making and coordination of actions.
During the meeting, the need to develop a plan for joint actions and to determine the format for future technical interaction aimed at gradually addressing issues related to restrictive measures against certain banks was voiced.
EU Special Envoy David O'Sullivan highly appreciated the openness of the Kyrgyz authorities and their willingness to engage in an open dialogue on important issues. He noted that such transparency is the foundation of trust from European institutions and the international community.
O'Sullivan also reported that specific proposals for further technical cooperation aimed at removing Kyrgyz banks from the sanctions list and mitigating financial risks in the future had been sent to the Kyrgyz side.
He emphasized that the European Union expects progress in strengthening mechanisms for export and financial control.
In conclusion, the parties confirmed their readiness to continue practical dialogue and interaction in a working format.
