Kazakhstan and Belarus to boost the trade turnover

Kazakhstan and Belarus to boost the trade turnover

Kazakhstan and Belarus are set to boost the trade turnover between the countries. Next year, the countries are planning to increase the trade to US$1 billion. According to Kazakh Ambassador to Belarus Yermukhamet Yertysbayev, the major cooperation sectors include engineering, metallurgy, pharmaceuticals, chemical and food industries and the construction supplies production. Last year, the trade turnover between the countries grew by almost 65 percent.

YERMUKHAMET YERTYSBAYEV, KAZAKH AMBASSADOR TO BELARUS:

- The intergovernmental commission made a very important decision. The Belarusian officials agreed to provide access for 60 Kazakh product items on their market as an import substitution. The President ordered to hold the days of the Kazakh culture in Minsk, which were very successful. Kazakhstan’s State Symphony Orchestra and the Tlendiyev Folk Ethnographic Orchestra performed here with great success. Belarusians expressed great interest to the Kazakh culture and Kazakhstan in general.

Kazakhstan and Belarus have great potential to successfully implement joint projects in a number of fields, including manufacturing, transport and logistics, agricultural industry and other sectors.

ANDREI YEVDOCHENKO, DEPUTY FOREIGN MINISTER OF BELARUS:

- Together with our Kazakh partners, we identified the priority projects that are important for our economic cooperation. We will strengthen cooperation in a number of fields, including manufacturing, agriculture and IT industry. 

There are currently 260 Belarusian enterprises operating in Kazakhstan. Meanwhile, the transit traffic between China and Europe through Kazakhstan and Belarus increased almost 100 times over the past six years. Both countries are set to boost economic cooperation in the future.