Bank Of Baku

Russian airbase lease in Kyrgyzstan extended for 49 years

Russian airbase lease in Kyrgyzstan extended for 49 years
# 29 May 2009 12:53 (UTC +04:00)
Moscow – APA. The Russian government has approved the agreement with Bishkek on 49-year term of its lease of an airbase in Kyrgyzstan, with a prolongation every 25 years, APA reports. The modified agreement, which was agreed on between the Russian Foreign Ministry and the Kyrgyz authorities, will replace the existing deal, which specifies a 15-year lease with an automatic extension every 5 years. Russia established in October 2003 its airbase in Kant, about 20 miles west of the Kyrgyz capital. The law on ratification of the intergovernmental agreement on the airbase status was adopted in 2005.
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