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Wednesday, October 16th, 2019

Kazakhstan and Georgia are developing cooperation

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The Prime Minister of the Republic of Kazakhstan, Askar Mamin, paid an official visit to the city of Nur-Sultan, during which he held talks with the Prime Minister of Georgia Mamuka Bakhtadze, who will take part in the XII Astana Economic Forum. The sides discussed issues of further development of trade and economic cooperation.

The results of the tenth meeting of the Intergovernmental Commission on Trade and Economic Cooperation were considered. In 2018 the foreign trade turnover between Kazakhstan and Georgia increased by 34.6% and amounted to about $ 100 million.

According to the Prime Minister’s official website, the Heads of Government noted the significant potential of further commodity turnover. The structure of the country’s economy will expand the spectrum of mutually beneficial cooperation in tourism, agriculture, industrialization, transport and energy.

The parties expressed their intention to make decisions on the expansion of the nomenclature of goods and turnover of certain sectors of the economy and specific investment projects. As a result, the mutual trade volume will double in the short-term and $ 300 million will be provided.

Special attention was paid to issues of cooperation in the field of transit-transport, including Transcaspian international transport. Transit traffic in this direction has increased more than 13 times from 2015 to 2018. This year it is planned to increase to 120 thousand containers.

The Prime Minister of Georgia Mamuka Bakhtadze noted that Kazakhstan and Georgia are historically good partners and expressed interest in deepening cooperation.

In his turn, Kazakh Prime Minister Askar Mamin said that the visit of the Prime Minister of Georgia will give a significant impetus to further development of mutually beneficial trade and economic cooperation. “Our common task is to increase the volumes and implement projects and opportunities that will give a new impetus to cooperation in trade,” he said. My mother

Following the results of government negotiations a number of documents were signed:

1. Roadmap for expanding the range of mutual commodity circulation between the Republic of Kazakhstan and Georgia for 2019-2022;

2. Protocol amending and amending the Agreement on International Road Transport between the Government of the Republic of Kazakhstan and the Government of Georgia on March 6, 2007;

3. Memorandum of Understanding on cooperation in the field of agriculture between the Ministry of Agriculture of the Republic of Kazakhstan and the Ministry of Agriculture of Georgia;

4. Memorandum on cooperation in the field of social and labor relations between the Ministry of Labor and Social Protection of Kazakhstan and the Ministry of Labor, Health and Social Protection of Georgia.

Source: Kazakhtan 2050

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