Kazakhstan, Russia sign $833 million in agreements in Omsk

Kazakhstan, Russia sign $833 million in agreements in Omsk

Agreements worth $833 million were signed at the XXII Kazakhstan-Russia Interregional Cooperation Forum in Omsk. The large-scale event brought together representatives from eight regions of Kazakhstan and 17 regions of Russia. Business meetings, sector-specific sessions, and an exhibition were held throughout the forum, with participants discussing new areas of cooperation. One of them was inland water transport. Kazakhstan and Russia plan to establish a working group to launch river freight services and restore the Irtysh River's role as a major transport corridor.

«The main issue was the establishment of a working group on the Irtysh River involving three countries - Russia, China, and Kazakhstan. The project is considered feasible, with a roadmap developed in 2024. The next step is securing government support. Negotiations on dredging the riverbed are currently underway,» said Aidos Shaikhislam, acting director of the Atameken National Chamber of Entrepreneurs in Pavlodar Region.

«Two practical memorandums have been signed - one with the Omsk region and the other with the Tyumen region. Our goal is to attract more tourists from Russian regions,» said Vladimir Vitchenko, Chairman of the Tourism Association of North Kazakhstan region.

Kazakhstan remains one of the Omsk region's key trading partners. Since the beginning of the year, bilateral trade has reached $136.5 million, up 18%. Kazakhstan's exports rose to $33 million, while shipments from the Omsk region increased by 13%. Forum participants said the priority now is to maintain this positive momentum and develop new areas of cooperation.