On April 25th of this year, during his working visit to the Russian Federation, Prime Minister of Kazakhstan Askar Mamin held talks with Prime Minister Dmitry Medvedev.

The discussion covered a wide range of topical issues of bilateral cooperation. In particular, further strengthening and increasing cooperation in the trade and economic sphere, investment cooperation, industrial cooperation, transport and transit industry, space activities, the development of cross-border cooperation and interregional relations.

“Open confidential relations between our countries are dynamically developing in all sectors, based on the strategic course of the First President of the Republic of Kazakhstan - Yelbasy Nursultan Nazarbayev and President of the Russian Federation Vladimir Putin,” – the Prime Minister of the Republic of Kazakhstan said.

A. Mamin noted that “the recent official visit of the President of the Republic of Kazakhstan K. Tokayev to Moscow and the summit talks gave an additional impetus to the further development of the strategic interaction between the two countries”, stressing “the significance of the agreements reached, aimed at active joint work. And today's meeting is a good opportunity to discuss practical steps for the implementation of these agreements”.

The Prime Minister of the Russian Federation, D. Medvedev, noted the importance of the visit of the Prime Minister of the Republic of Kazakhstan to Moscow to discuss and solve a number of strategic tasks, to implement large programs that are on the agenda not only in a bilateral format, but also within the EAEU.

“Russia is the main trade partner of Kazakhstan,” – A. Mamin said, noting that “in order to maintain the dynamics of development of trade and economic cooperation, it is necessary to continue working together to expand the range of goods and services supplied, establish direct contacts between the business circles of the two states, and promote goods to the markets of third countries”.

The trade turnover between Kazakhstan and Russia in 2018 amounted to $ 17.6 billion, which is 7.2% higher than the same period of the previous year.

In the context of new measures taken by the Government of Kazakhstan to attract investments, there was an exchange of views on further enhancing investment cooperation between Kazakhstan and the Russian Federation.

“New approaches will create even more comfortable conditions for investors, including for Russian partners,” – A. Mamin said, noting that “the Astana International Financial Center has great prospects for financial integration within the EAEU, attracting foreign investment, development and promotion of capital markets of the Eurasian region”.

A successful example of cooperation was the placement of common shares of the Russian company Polymetal on the AIFC Exchange in April of this year.

The parties noted the role of the Intergovernmental Commission for Cooperation in expanding cooperation in the trade and economic sphere. The next meeting of the IPC is scheduled to be held in Kazakhstan in June of this year.

During the working visit of the Prime Minister of the Republic of Kazakhstan to the Russian Federation, in the presence of the Heads of Government of Kazakhstan A. Mamin and Russia D. Medvedev, an Agreement was signed on cooperation in the implementation of a project for the production of machinery and components for KAMAZ vehicles. The agreement was signed by the Deputy Minister of Industry and Trade of the Russian Federation A. Morozov, the Deputy Minister of Industry and Infrastructure Development of the Republic of Kazakhstan A. Yerzhanov, the Director General of PJSC KAMAZ S. Kogogin, the President of the Kazakhstan Auto Business Association A. Lavrentyev, the Chairman of the Board of BRK-Leasing JSC N. Baibazarov, Managing Director of Tobolkz LLP D. Shukizhanova.

The roadmap for the implementation of the project “Organization of production of Kirovets brand tractors and components for them at Agromashholding KZ, JSC” was signed by Chairman of the Board of Directors of Agromashholding KZ JSC, A. Lavrentyev, and Director of the St. Petersburg Tractor Plant S. Serebryakov.


Published: 25 April 2019



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