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Kazakhstan and Belarus to strengthen trade ties

The Prime Minister of Kazakhstan Alikhan Smailov and the Prime Minister of Belarus Roman Golovchenko met on the eve of the international industrial exhibition INNOPROM. Kazakhstan to discuss ways to strengthen trade and economic cooperation between the two countries, Turanews.kz reports. citing the press-service of Primeminister.kz.

Smailov emphasized that Belarus is an important trade and economic partner for Kazakhstan. Last year, bilateral trade turnover grew by 23% and crossed the threshold of $1 billion. He said that in order to maintain high growth dynamics, it is necessary to continue working together to expand the range of goods and services supplied.

One of the drivers of partnership between the two countries is industrial cooperation. Thus, 8 projects worth about $180 million have already been implemented, on the basis of which 1,400 new jobs have been created. There are 2 projects worth $19 million at the implementation stage. At the same time, the departments of the two countries are working on the launch of 4 more projects worth over $100 million with the creation of about 800 jobs.

“Kazakhstan is interested in developing industrial cooperation, implementing new joint projects and expanding the capacity of existing production facilities,” Smailov said.

Golovchenko noted that successful cooperation projects of the two countries can serve as a model for the further development of this area.

“The existing joint production facilities already allow us to produce up to 10 thousand tractors and up to 1 thousand combines per year in Kazakhstan. We look forward to further support for these projects,” Golovchenko said.

He also outlined prospects for deepening cooperation in the field of agriculture, production of fire and rescue equipment and construction.

TuraNews

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