After Russian loan, Kyrgyz businessman casts Putin in stone

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BISHKEK: A ski resort in Kyrgyzstan has unveiled a 2.5 metre-high statue of Russian President Vladimir Putin, after the resort's founder received ...

BISHKEK: A ski resort in Kyrgyzstan has unveiled a 2.5 metre-high statue of Russian President Vladimir Putin, after the resort's founder received a US$1.2 million loan from a Russian-sponsored development fund.

Erected last month, the monument sees Russia's leader wearing a suit as he looks out over a barren landscape of rocky valleys and snow-capped peaks, 30 km south of the capital, Bishkek.Resort director Akbar Roziev said he had turned to Kyrgyz banks looking for a credit line but did not find the terms on offer to his liking, whereas the Russian-Kyrgyz Development Fund, opened in 2014, extended him a loan at 4 per cent.

"I didn't know how to express my gratitude," Roziev said, adding that he saw Putin as a role model."Thanks to his loan, we now have a centre."The fund supporting Roziev's project describes itself as the leading mechanism for integrating Kyrgyzstan into the Eurasian Union, a foreign policy initiative promoted by Putin since 2011 which aims to remove barriers to trade, capital and labour movement between Russia and its ex-Soviet neighbours.

 

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