Kazakhstan, Belarus sign cooperation development roadmap

Kazakhstan, Belarus sign cooperation development roadmap

Kazakhstan and Belarus have signed a roadmap for the development of trade and economic cooperation over the next five years. This roadmap aims to expand the pool of joint projects and establish closer ties between the business communities of the two countries. These are the outcomes of talks between the Prime Ministers of Kazakhstan and Belarus. Notably, the two governments are working together to advance industrial cooperation. The joint pool includes 14 projects worth nearly $280 million, with 11 joint ventures already launched, totaling $200 million. The plants are assembling tractors, grain and forage harvesters, and trailed agricultural machinery. Mutual trade volumes are also rising, reaching $600 million in the first eight months of this year. The parties also agreed on cooperation in tourism development and cultural and humanitarian partnership, signing an action plan as part of the latter initiative.