Skip to Content

Wednesday, October 16th, 2019

Kazakhstan and Italy are interested in strengthening trade and economic cooperation


Kazakhstan and Italy will take steps to further strengthen tradeeconomic and political cooperation in the spirit of a genuine strategic partnership established ten years ago. Mac March 2728 in Rome was a meeting of the Deputy Minister of Foreign Affairs of Kazakhstan, Roman Vasilenko, with the leaders of the Italian Parliament, the Italian Ministry of Foreign Affairs and Economic Development..

Within the framework of the negotiations with Deputy Minister of Economic Development of Italy Andrea Chioffy, the sides discussed a wide range of issues of bilateral cooperation in trade, economic and investment spheres. During the meeting R. Vasilenko noted that over the 27 years since the establishment of diplomatic relations, Kazakhstan and Italy have made impressive progress in the development of bilateral cooperation. Italy is the second trade partner of the country, as a result of which the trade turnover is about $ 13 billion. The volume of direct Italian investments since 2006 is 6 billion US dollars. The United States. Particular attention was paid to the transport and logistics potential of Kazakhstan and the key role of our country in the implementation of the new Silk Road concept.

Director of the Department for Cooperation with the Russian Federation, Eastern Europe, Caucasus and Central Asia at the Ministry of Foreign Affairs and International Cooperation of Italy F. During a conversation with Di Michel, the diplomats discussed plans to boost cooperation this year, including the 9th meeting of the Intergovernmental Working Group on Further Economic Cooperation and the exchange of highlevel visits. The Italian partner was informed about the beginning of the work on strengthening the economic process of the foreign ministry of Kazakhstan. The sides discussed issues of bilateral trade, economic and investment cooperation.

Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Vasilenko met with Vice President of the House of Deputies of the Italian Parliament Eto Este Rozato and the investor of the Chamber of Deputies (Executive Secretary), Edmon Chiroley, Chairman of the KazakhItalian Friendship Group. Significant views on topical issues of bilateral and multilateral nature were exchanged. In particular, the sides underlined the importance of the development of interparliamentary ties, including the active cooperation of the cooperation groups and the exchange of experience in legislative activities. In this context, the Deputy Minister met with the heads of Italian legislative bodies. On September 2324, in the city of NurSultan, the “Big Eurasia: Dialogue. Trust. Partnership “to the 4th meeting of the Speakers of Parliaments of the Eurasian Economic Community.

In turn, the Italian legislators praised the development of bilateral relations between Kazakhstan and Italy and emphasized that interparliamentary relations are an important instrument for the development of partnership. They also intend to ratify the Agreement on Extended Partnership and Cooperation between Kazakhstan and the European Union and Member States in the near future. Following the meeting, an agreement was reached to continue active interparliamentary contacts.

Finishing his visit R.Vasilenko delivered a lecture on future Central Asia and regional stability: strategic role of Kazakhstan in the Italian Society for International Organizations (SIOI). Deputy Minister informed the Italian students about the consistent course of strengthening NurSultan’s cooperation with the countries of Central Asia, and noted that this course continues under the new changes in the political life of the country.

Following the results of the visit, the Kazakh diplomat gave an interview to a number of Italian media, during which he answered the topical issues of the bilateral KazakhItalian cooperation and noted Kazakhstan’s position on many issues of the international agenda. It was noted that a fruitful political dialogue was established between the two countries within a quarter of a century, a solid legal base was established, and cooperation in trade, economic, cultural and humanitarian spheres was developed.