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Friday, September 18th, 2020

Kazakhstan and Russia plan to implement 60 projects worth 20 billion US dollars

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Kazakhstan and Russia are going to implement 60 projects worth 20 billion US dollars. This was announced by President of Kazakhstan Nursultan Nazarbayev at the Kazakh-Russian business forum.

Currently, we are planning to implement 60 projects worth 20 billion US dollars. Kazakhstan will provide all-round support for their implementation, Nursultan Nazarbayev said.

The Head of State emphasized that Kazakhstan and Russia possess a huge experience of mutual cooperation.

Alongside, we have unused potentials for expanding mutually beneficial cooperation. The first, we work in a single economic space. The Eurasian Economic Union has been established on the ground of the Customs Union. Today, the Union initiated by Kazakhstan, Russia and Belarus, combines five countries. A free trade zone agreement has been inked with Vietnam, there are held negotiations with China and South Korea. Recently Singapore has expressed willingness and opened a free trade zone with the EEU. India, Egypt, ASEAN member-states and many other countries would like to cooperate with the EEU. All that proves relevance of the EEU, the Kazakh Leader added.

Source: Government of the Republic of Kazakhstan

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