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Sunday, November 17th, 2019

Seventh session of Kazakh-Kyrgyz Intergovernmental Council took place in Astana

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Within the framework of the council’s session, a bilateral meeting of the Prime Ministers of Kazakhstan Bakytzhan Sagintayev and Kyrgyzstan Mukhammedkalyi Abylgaziev was held. The sides discussed topical issues of trade and economic cooperation, further plans to expand investment cooperation and implement joint projects in transit-transport, water-energy, tourism and other spheres.

During the meeting, the results of the implementation of the Protocol of the sixth session of the council were summed up and further stages of cooperation in trade, transport, investment, energy, agriculture, as well as tourism and digitalization were considered. In addition, the Comprehensive Program of Cooperation between the Republic of Kazakhstan and the Kyrgyz Republic for 2018-2020 was considered.

Opening the meeting, Prime Minister Bakytzhan Sagintayev noted that mutual respect and friendly relations of the Presidents of Kazakhstan Nursultan Nazarbayev and Kyrgyzstan Sooronbai Jeenbekov raised the relations between the two countries to a new qualitative level and allowed to strengthen friendship and mutual understanding between fraternal peoples.

Trade and economic relations between the two states show positive dynamics. In 2017, mutual trade increased by 13.4%, and by the results of five months of 2018, growth was 9.8%.

Over the years of industrialization, new production capacities have appeared in Kazakhstan, the assortment of manufactured products has been increased, which is successfully supplied to foreign markets. Kazakhstani producers have potential opportunities for exporting products of metallurgy, food industry, digitalization, medicines and building materials.

“To date, 824 joint ventures operate in Kazakhstan in such areas as wholesale and retail trade, manufacturing, professional, scientific and technical activities, construction, and services. In addition, in order to attract foreign investors to priority sectors of the economy, the National Company Kazakh Invest together with Deloitte prepared 50 ‘niche projects’ in which the Kyrgyz side can participate. Obviously, the plans to increase mutual trade to $1 billion are quite feasible,” the Prime Minister said. As confirmed by the deputies of the Prime Ministers, there is an opportunity to reach this point before the end of the year.

The meeting noted the results of the work on the implementation of the Roadmap for Bilateral Economic Cooperation, signed in Astana December 2, 2017. Until the end of this year, it is planned to hold the first meeting of the Business Council, as well as the trade and economic mission of Kazakhstani exporters to Kyrgyzstan, Sagintayev said. In the cooperation of the two countries, special attention is paid to the development of interregional economic ties.

The sides discussed the development of military-technical cooperation, development of interaction in the field of transboundary water use. Prospects for development of cooperation on the Kazakh-Kyrgyz state border were also considered at the meeting. At the ratification are the Treaty on Demarcation and the Agreement on the Regime of State Borders, signed December 25, 2017.

“At the suggestion of the Kyrgyz side, we are ready to sign the Protocol on Changing the Status of the Checkpoints Sartobe (Tokmok) and Auhatta (Kenbulun) from bilateral to multilateral. This will increase their throughput. We also understand that implementation of this solution will require additional modernization of the infrastructure of these checkpoints and access roads to them. Ensuring the high-quality functioning of the border is one of the priority tasks,” the Prime Minister of Kazakhstan noted.

The development of regional tourist routes is another direction with significant interaction potential. A vivid example of mutually beneficial cooperation is the tourist routes to the Khan-Tengri Peak, running through the territories of the two countries.

In his turn, the Prime Minister of Kyrgyzstan Mukhammedkalyi Abylgaziev spoke about cooperation in the trade, transport, transit and tourism spheres. The potential of interaction within the digital transformation of economies in the light of the EAEU unified digital agenda was noted. Abylgaziev also touched upon issues of improving tax administration, identification and marking of goods.

Following the meeting, a ceremony of signing a number of documents took place. At the level of the Prime Ministers of the two countries, the Protocol of the Seventh Session of the Kazakh-Kyrgyz Intergovernmental Council was signed. The Protocol on Amendments to the Agreement between the Government of the Republic of Kazakhstan and the Government of the Kyrgyz Republic on border crossing points dated December 25, 2003, and the Memorandum of Cooperation between the Ministry of National Economy of Kazakhstan and the Ministry of Economy of the Kyrgyz Republic were also adopted.

The next eights session of the Kazakh-Kyrgyz Intergovernmental Council will be held in 2019 in Bishkek.

Source: The Prime Minister of Kazakhstan

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Seventh session of Kazakh-Kyrgyz Intergovernmental Council took place in Astana

Closed

Within the framework of the council’s session, a bilateral meeting of the Prime Ministers of Kazakhstan Bakytzhan Sagintayev and Kyrgyzstan Mukhammedkalyi Abylgaziev was held. The sides discussed topical issues of trade and economic cooperation, further plans to expand investment cooperation and implement joint projects in transit-transport, water-energy, tourism and other spheres.

During the meeting, the results of the implementation of the Protocol of the sixth session of the council were summed up and further stages of cooperation in trade, transport, investment, energy, agriculture, as well as tourism and digitalization were considered. In addition, the Comprehensive Program of Cooperation between the Republic of Kazakhstan and the Kyrgyz Republic for 2018-2020 was considered.

Opening the meeting, Prime Minister Bakytzhan Sagintayev noted that mutual respect and friendly relations of the Presidents of Kazakhstan Nursultan Nazarbayev and Kyrgyzstan Sooronbai Jeenbekov raised the relations between the two countries to a new qualitative level and allowed to strengthen friendship and mutual understanding between fraternal peoples.

Trade and economic relations between the two states show positive dynamics. In 2017, mutual trade increased by 13.4%, and by the results of five months of 2018, growth was 9.8%.

Over the years of industrialization, new production capacities have appeared in Kazakhstan, the assortment of manufactured products has been increased, which is successfully supplied to foreign markets. Kazakhstani producers have potential opportunities for exporting products of metallurgy, food industry, digitalization, medicines and building materials.

“To date, 824 joint ventures operate in Kazakhstan in such areas as wholesale and retail trade, manufacturing, professional, scientific and technical activities, construction, and services. In addition, in order to attract foreign investors to priority sectors of the economy, the National Company Kazakh Invest together with Deloitte prepared 50 ‘niche projects’ in which the Kyrgyz side can participate. Obviously, the plans to increase mutual trade to $1 billion are quite feasible,” the Prime Minister said. As confirmed by the deputies of the Prime Ministers, there is an opportunity to reach this point before the end of the year.

The meeting noted the results of the work on the implementation of the Roadmap for Bilateral Economic Cooperation, signed in Astana December 2, 2017. Until the end of this year, it is planned to hold the first meeting of the Business Council, as well as the trade and economic mission of Kazakhstani exporters to Kyrgyzstan, Sagintayev said. In the cooperation of the two countries, special attention is paid to the development of interregional economic ties.

The sides discussed the development of military-technical cooperation, development of interaction in the field of transboundary water use. Prospects for development of cooperation on the Kazakh-Kyrgyz state border were also considered at the meeting. At the ratification are the Treaty on Demarcation and the Agreement on the Regime of State Borders, signed December 25, 2017.

“At the suggestion of the Kyrgyz side, we are ready to sign the Protocol on Changing the Status of the Checkpoints Sartobe (Tokmok) and Auhatta (Kenbulun) from bilateral to multilateral. This will increase their throughput. We also understand that implementation of this solution will require additional modernization of the infrastructure of these checkpoints and access roads to them. Ensuring the high-quality functioning of the border is one of the priority tasks,” the Prime Minister of Kazakhstan noted.

The development of regional tourist routes is another direction with significant interaction potential. A vivid example of mutually beneficial cooperation is the tourist routes to the Khan-Tengri Peak, running through the territories of the two countries.

In his turn, the Prime Minister of Kyrgyzstan Mukhammedkalyi Abylgaziev spoke about cooperation in the trade, transport, transit and tourism spheres. The potential of interaction within the digital transformation of economies in the light of the EAEU unified digital agenda was noted. Abylgaziev also touched upon issues of improving tax administration, identification and marking of goods.

Following the meeting, a ceremony of signing a number of documents took place. At the level of the Prime Ministers of the two countries, the Protocol of the Seventh Session of the Kazakh-Kyrgyz Intergovernmental Council was signed. The Protocol on Amendments to the Agreement between the Government of the Republic of Kazakhstan and the Government of the Kyrgyz Republic on border crossing points dated December 25, 2003, and the Memorandum of Cooperation between the Ministry of National Economy of Kazakhstan and the Ministry of Economy of the Kyrgyz Republic were also adopted.

The next eights session of the Kazakh-Kyrgyz Intergovernmental Council will be held in 2019 in Bishkek.

Source: The Prime Minister of Kazakhstan

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