Government • 02 February, 2019

Prime Ministers of Kazakhstan and Russia discuss expansion of trade and economic cooperation

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A bilateral meeting between the Prime Minister of Kazakhstan Bakytzhan Sagintayev and the Chairman of the Russian Government Dmitry Medvedev, who arrived to attend the session of the Eurasian Intergovernmental Council, took place Feb. 1 in Almaty.

At the meeting, a wide range of issues of bilateral relations was discussed on further deepening and expanding of cooperation in the trade and economic, transit and transport, energy and fuel sectors, as well as in the field of space exploration and digitalization. The prospects for the development of the cooperation potential of Baikonur were considered. Special attention was paid to issues of interregional and cross-border cooperation.

The parties reviewed the implementation of the Plan of Joint Actions of the Republic of Kazakhstan and the Russian Federation for 2019–2021, signed by the Heads of the two states during the 15th Forum of Interregional Cooperation. At the same time, much attention is paid to solving the issues of enhancing cooperation in tourism, primarily in the border regions.

Bilateral trade in January-November 2018 amounted to $15.7 billion, an increase of 6% over the same period in 2017.

In the foreign trade turnover of Kazakhstan, the share of Russia is almost 19%, the country occupies the 4th place in the export of Kazakhstani products.

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