Kazakhstan attaches great importance to expanding cooperation with WTO

Kazakhstan attaches great importance to expanding cooperation with WTO

Kazakhstan’s foreign trade volume has reached $160 billion over the past three years, marking a 53 percent growth, President Kassym-Jomart Tokayev stated at a meeting with Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala. According to the Head of State, despite the growing global protectionism and trade restrictions, Kazakhstan, currently engaged in trade with 180 countries, aims to strengthen its position as a state with an open economy. He noted the significance of the Central Asia Trade Forum, which is now taking place in Almaty, for promoting regional economic cooperation and integrating the region’s countries into the multilateral trading system. The President emphasized that Kazakhstan attaches great importance to expanding cooperation with the WTO.  

«We are confident that under your able leadership, the international multilateral trading system would undergo a profound transformation to eliminate existing trade barriers and create a level-playing field. Your visit to Almaty is extremely important. And, taking this opportunity, I would like to express our appreciation for the interaction we used to have with you. It was a big honor to chair the 12th ministerial conference. WTO members were able to reach a decision to reform the organization,» Tokayev said.

At the end of the meeting, the Head of State awarded Ngozi Okonjo-Iweala the Dostyk Order of the II degree.