Kazakh President meets heads of Russian, Belarusian, Kyrgyz governments

Kazakh President meets heads of Russian, Belarusian, Kyrgyz governments

Kazakh President Kassym-Jomart Tokayev met with the heads of government of Russia, Belarus, and Kyrgyzstan in Astana today, thanking them for their support of the Innoprom Kazakhstan international industrial trade fair, which has become a testament to the close trade and economic cooperation between the states of the Eurasian Economic Union (EAEU). President Tokayev highlighted the rise in foreign trade with the increasing number of joint ventures and major projects in industry, energy, machinery, agriculture, and other sectors of the economy. In the first half of the year, the growth in trade turnover totaled $13 billion. Tokayev emphasized that the EAEU states have the vast potential for further cooperation.

“As for Kazakhstan, we are absolutely committed to advance integration within the EAEU. We think that it is a very promising integration organization, with great opportunities liyng precisely in its economic potential. Kazakhstan believes that all EAEU member states must strictly adhere to the Treaty, which was signed here in 2015, and deal specifically with the issues of economic integration, trade development, and market expansion for mutual exchange of goods,” he noted.

The Head of State believes that the effectiveness of trade and economic cooperation is closely linked to unlocking transport potential. To this end, it is necessary to consistently develop the capabilities of the North-South corridor with access to Iran, the Persian Gulf and India, the Kazakhstan-Turkmenistan-Iran railway, and the Western Europe-Western China route. He also paid special attention to the Trans-Caspian International Transport Route.