THE HEAD OF THE REGION TOOK PART IN THE KAZAKH-BASHKIR BUSINESS FORUM IN UFA

Today in Ufa, Prime Minister of Kazakhstan Askar Mamin held talks with the Head of Bashkortostan Radiy Khabirov and took part in the Kazakh-Bashkir Business Forum.

The Head of the Government of the Republic of Kazakhstan noted the existence of significant potential for increasing cooperation between Kazakhstan and Bashkortostan in trade and economic, investment, transport and logistics, energy, agriculture, industrial cooperation and other sectors.

According to the results of 10 months of this year, the volume of trade between Kazakhstan and the Russian Federation increased by 30% and reached $19.5 billion. At the same time, progress is being made in diversifying the structure of trade – the volume of exports of Kazakhstan increased by 39.4%, including processed products by 47.7%.

In January-October of this year, the volume of trade turnover between Kazakhstan and Bashkortostan increased by 32.1% compared to the same period last year and amounted to $305 million. This indicator is 10.3% higher than the pre-pandemic level. In the coming years, the parties intend to increase the trade turnover to $ 1 billion.

A. Mamin and R. Khabirov took part in the business forum "Kazakhstan - Bashkortostan" within the framework of the "International Business Week – 2021" held in Ufa. The forum gathered about 100 people - heads of state bodies, regions, as well as representatives of the business circles of the two republics.

"The Republic of Bashkortostan occupies a special place in the strategic partnership between Kazakhstan and Russia. The Roadmap for the development of bilateral cooperation between Kazakhstan and Bashkortostan for 2022-2024, approved following the visit of Radiy Khabirov to Kazakhstan at the end of September this year, is becoming a reliable mechanism for increasing trade, economic and investment cooperation, as well as a signal to business circles about the long-term and depth of emerging opportunities in a number of promising industries," A. Mamin said in his speech at the forum.

First Deputy Prime Minister - Minister of Economic Development and Investment Policy of the Republic of Bashkortostan Rustam Muratov, Minister of Trade and Integration of the Republic of Kazakhstan Bakhyt Sultanov, representatives of big business of the Republic of Kazakhstan and the Republic of Belarus also made reports.

Within the framework of the forum, 8 investment and commercial contracts were signed in the fields of chemical and textile industry, mechanical engineering, agro-industrial complex, as well as consulting services in the oil and gas industry.

The most significant document was the signed agreement on the establishment of a joint venture between JSC "Caustic" and JSC "Bashkir Soda Company". The joint venture will implement projects totaling up to $1 billion in Kazakhstan and Russia. Production of caustic soda, sodium hypochlorite, chlorine, hydrochloric acid, titanium dioxide and other chemical products will be provided. Moreover, the only production of zirconium oxychloride in the CIS will be established.

During the visit to Ufa, the Head of Government laid flowers at the monument of Salavat Yulaev, got acquainted with the experience of project management and social monitoring in Bashkortostan, and also talked with Kazakhstani students studying at universities of the Republic of Bashkortostan via teleconference.

The working trip was attended by the Ministers of Trade and Integration Bakhyt Sultanov, energy - Magzum Mirzagaliyev, ecology, geology and natural Resources - Serikkali Brekeshev, akims of Aktobe region Ondasyn Urazalin, West Kazakhstan region - Gali Iskaliyev, representatives of business circles, etc.