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Kyrgyzstan

Issyk-Kul Lake, or Ysyk-Köl in Kyrgyz, in the north-eastern Tian Shan is the largest lake in Kyrgyzstan and the second largest mountain lake in the world after Titicaca.

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Issyk-Kul

The lowest point is in Kara-Daryya (Karadar’ya)at 132 meters and the highest peaks are in the Kakshaal-Too range, forming the Chinese border. Peak Jengish Chokusu, at 7,439 m (24,406 ft), is the highest point and is considered by geologists to be the northernmost peak over 7,000 m (22,966 ft) in the world. Heavy snowfall in winter leads to spring floods which often cause serious damage downstream. The runoff from the mountains is also used for hydro-electricity.

Kyrgyzstan has significant deposits of metals including gold and rare-earth metals. Due to the country’s predominantly mountainous terrain, less than 8% of the land is cultivated, and this is concentrated in the northern lowlands and the fringes of the Fergana Valley.

Bishkek in the north is the capital and largest city, with 937,400 inhabitants (as of 2015). The second city is the ancient town of Osh, located in the Fergana Valley near the border with Uzbekistan. The principal river is the Kara Darya, which flows west through the Fergana Valley into Uzbekistan. Across the border in Uzbekistan it meets another major Kyrgyz river, the Naryn.

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Kyrgyzstan Topography

The confluence forms the Syr Darya, which originally flowed into the Aral Sea. As of 2010, it no longer reaches the sea, as its water is withdrawn upstream to irrigate cotton fields in Tajikistan, Uzbekistan, and southern Kazakhstan. The Chu River also briefly flows through Kyrgyzstan before entering Kazakhstan.

Economy:

Kyrgyzstan was the ninth poorest country in the former Soviet Union, and is today the second poorest country in Central Asia after Tajikistan. 22.4% of the country’s population lives below the poverty line.

Despite the backing of major Western lenders, including the International Monetary Fund (IMF), the World Bank and the Asian Development Bank, Kyrgyzstan has had economic difficulties following independence. Initially, these were a result of the breakup of the Soviet trade bloc and resulting loss of markets, which impeded the republic’s transition to a demand economy.

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Kyrgyzstan ‘s Exports

The Kyrgyz economy was severely affected by the collapse of the Soviet Union and the resulting loss of its vast market. In 1990, some 98% of Kyrgyz exports went to other parts of the Soviet Union. Thus, the nation’s economic performance in the early 1990s was worse than any other former Soviet republic except war-torn Armenia, Azerbaijan and Tajikistan, as factories and state farms collapsed with the disappearance of their traditional markets in the former Soviet Union. While economic performance has improved considerably in the last few years, and particularly since 1998, difficulties remain in securing adequate fiscal revenues and providing an adequate social safety net. Remittances of around 800,000 Kyrgyz migrants working in Russia represent 40% of Kyrgyzstan’s GDP.

Agriculture is an important sector of the economy in Kyrgyzstan. By the early 1990s, the private agricultural sector provided between one-third and one-half of some harvests. In 2002, agriculture accounted for 35.6% of GDP and about half of employment. Kyrgyzstan’s terrain is mountainous, which accommodates livestock raising, the largest agricultural activity, so the resulting wool, meat and dairy products are major commodities. Main crops include wheat, sugar beets, potatoes, cotton, tobacco, vegetables, and fruit. As the prices of imported agrichemicals and petroleum are so high, much farming is being done by hand and by horse, as it was generations ago. Agricultural processing is a key component of the industrial economy as well as one of the most attractive sectors for foreign investment.

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