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Kazakhstan and Finland intend to strengthen political, trade and economic cooperation

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ASTANA, Kazakhstan and Finland intend to continue to develop multilateral cooperation in political, trade and economic spheres as well as intensify cooperation on the international arena. These and other issues were discussed at regular political consultations between the foreign ministries of the two countries at the Ministry of Foreign Affairs of the Republic of Kazakhstan today. The parties expressed satisfaction with the intensification of the bilateral and multilateral relations, and noted the great potential of deepening bilateral relations. During the visit of the President of Kazakhstan to Helsinki in October 2018, the importance of systematic trust and meaningful dialogue between the leaders of the two countries, Nursultan Nazarbayev and Sauli Niiniste.

Special attention was paid to the expansion of trade and economic cooperation during the consultations. The sides noted the practical importance of the Mechanism of the Kazakh-Finnish Intergovernmental Commission on Trade and Economic Cooperation, which held its 11th meeting in Astana on 28 March – 1 March 2019.

As part of the consultations, Deputy Minister of Foreign Affairs R. Vasilenko noted that Finland is the main trading partner of Kazakhstan in Northern Europe and informed the Finnish side about investment opportunities in the economy of Kazakhstan and preferences for foreign investors.

2019 taking into account the presidency of Finland in the European Union in the second half of the year, the Finnish diplomats will meet in 2018. at the initiative of the Head of State on holding a meeting between the US, Russia and China and the EU leaders to find a dialogue on topical international issues and a new format during the ASEM Summit in Brussels in November.

Director General of the Department for Russia, Eastern Europe and Central Asia M.Henrichsson noted that Finland highly appreciates Kazakhstan’s initiatives on the international arena and considers the Republic one of the dynamically developing economies in the world.

The Finnish side was interested in expanding cooperation in transport and transit, taking into account the role of Kazakhstan as the largest logistics hub in Central Asia and Eurasia. During the meeting, the sides exchanged views on the positive regional integration processes in Central Asia, with the participation of the business community of the third countries, including Finland, which opens up prospects for bilateral trade and economic cooperation.

They also discussed the new EU Strategy for Central Asia and assistance in the reconstruction of Afghanistan. Special attention was paid to cooperation in multilateral formats, including international security, nuclear non-proliferation, nuclear security, cybercrime and ecological security of the Arctic region

Source: MINISTRY OF FOREIGN AFFAIRS REPUBLIC OF KAZAKHSTAN

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