Kazakh President Tokayev, Prime Minister Mamin Meet with Russian PM Mishustin, Approve High-Level Trade Deals in Nur-Sultan

NUR-SULTAN – Kazakh President Kassym-Jomart Tokayev held a meeting on Aug. 19 with Russian Prime Minister Mikhail Mishustin, reported Akorda press service. 

Tokayev appreciated the results of the talks held on the eve of the meeting of the heads of the governments of Kazakhstan and Russia.

Kazakh President Kassym-Jomart Tokayev and Russian Prime Minister Mikhail Mishustin during their meeting in Kazakh capital, Nur-Sultan.

“Very important agreements are being prepared for signing, which will certainly give a serious impetus to the further development of cooperation. It is gratifying that, despite all the difficulties associated with the pandemic, the volume of trade increased by 26 percent only in the first five months of this year,” the President of Kazakhstan said.

In turn, the Prime Minister of Russia thanked Tokayev for the warm welcome and conveyed warm wishes from President Vladimir Putin. 

“We successfully cooperate in the investment area. Russian business participates in 32 major projects in Kazakhstan. Our Kazakh colleagues are also actively involved in projects in the Russian Federation,” Mishustin said.

During the meeting Prime Minister Askar Mamin discussed with his Russian counterpart issues of cooperation in the format of the Eurasian Economic Union. 

There are 7 791 enterprises with Russian participation and 3 325 joint Kazakh-Russian enterprises operating in Kazakhstan. Russian companies are among the five key investors in terms of the volume of funds invested in the economy of Kazakhstan, having invested about $12.6 billion over the past 10 years.

30 major joint projects in the field of industrial cooperation, trade, construction industry, pharmaceutical, petrochemical and light industry totaling $5.3 billion are under implementation and development. 

During the visit, documents were signed, according to which it is planned to create a joint Office of strategic initiatives. The task of the office will be to create and scale joint development projects.

Chairman of the Agency for Strategic Planning and Reforms of Kazakhstan Kairat Kelimbetov noted that the successful implementation of joint initiatives on the development of education, technology, investment climate, tourism and ecology of the two countries will have a significant impact on the development of the entire region as a whole. 

Earlier, Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi had a telephone conversation with the Russian Minister of Foreign Affairs Sergey Lavrov.

The sides discussed topical issues of global and regional security, including the situation in Afghanistan.

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