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Tuesday, February 25th, 2020

KAZAKH FOREIGN MINISTRY HELD 2ND INTER-MINISTERIAL COMMISSION MEETING

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by January 24, 2020 Market

The second meeting of the Inter-ministerial Commission on improving the efficiency of the Kazakh part of the joint inter-ministerial commissions (committees, councils) and their subcommissions (subcommittees, working groups) on cooperation with foreign countries was chaired by First Deputy Minister of Foreign Affairs Shakhrat Nuryshev on23 January 2020 in the Kazakh Foreign Ministry, the press release says.

The meeting attended by representatives of interested Kazakh government agencies and heads of structural divisions of the Foreign Ministry reviewed the current activities of inter-ministerial commissions with the participation of Kazakhstan, as well as measures to increase the efficiency of their work, including a full analysis of new opportunities to improve international trade and economic cooperation. The meeting participants presented their proposals and recommendations, which are reflected in the relevant protocol of the Inter-ministerial Commission.

Inter-ministerial commissions in international practice are a recognized tool for coordinating bilateral economic cooperation between countries. From the first years of independence, Kazakhstan has been developing mutually beneficial ties with other states with the active use of the inter-ministerial commission mechanism.

Currently, Kazakhstan in the framework of inter-ministerial commission, with the governments of foreign countries, has created 136 structures, including 62 intergovernmental commissions and committees, 22 subcommittees and subcommittees, as well as 52 working groups in a number of industry areas. The achievements of our country in the field of foreign economic policy among other things also include the Inter-ministerial Commission’s contribution.

So, according to the Committee on Statistics of the Ministry of National Economy, the amount of foreign trade of Kazakhstan in January-November 2019 amounted to 86.7 billion dollars, a 1.45% increase compared to the same period in 2018. Foreign direct investment in fixed assets over the 10 months of last year grew by 8.2% and amounted to 9.7 trillion. tenge.

The first meeting of the Inter-ministerial Commission was on 12 December 2018 in Nur-Sultan.

Source: Kazakhtan 2050

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