International initiatives of Kazakhstan and prospects of trade and economic cooperation with African countries discussed in Addis Ababa

International initiatives of Kazakhstan and prospects of trade and economic cooperation with African countries discussed in Addis Ababa

Addis Ababa, October 31, 2024 – A seminar dedicated to Kazakhstan's international initiatives and prospects for cooperation with African countries was held at the Embassy of the Republic of Kazakhstan in Ethiopia.

The event was attended by representatives of the Ethiopian Ministry of Foreign Affairs, Parliament, diplomatic corps, business circles, authoritative Ethiopian print media, public organizations, and members of the Kazakhstan Friends Club.

In his speech, the Ambassador of Kazakhstan to Ethiopia, Permanent Representative of the Republic of Kazakhstan to the African Union Barlybay Sadykov, spoke in detail about the international initiatives of the Republic of Kazakhstan aimed at promoting regional and global security, strengthening international cooperation, and advancing the goals of sustainable development.

B.Sadykov acquainted the participants with the main provisions of President Tokayev's Address, including the implementation of large-scale political and economic reforms to build a «Fair Kazakhstan», the implementation of large-scale measures to improve the social well-being of the population, and strengthen the rule of law.

The seminar participants showed particular interest in Kazakhstan's initiatives aimed at assisting in addressing challenges in the field of nuclear disarmament and non-proliferation, the settlement of regional conflicts, Kazakhstan's participation in peacekeeping operations, humanitarian aid, climate change, food security, and others.

Much attention was paid to discussing the state and prospects for the development of trade, investment, transit and transport potential, digital transformation, industrial, agricultural, and energy sectors, and other areas of particular interest to African business circles.

In the context of realizing the transit and transport potential for the development of trade between Africa and the countries of Central Asia, it was noted that the aviation authorities of Kazakhstan and Ethiopia signed a Memorandum of Understanding, opening up opportunities for passenger and freight transportation between the two countries.

The seminar participants expressed deep interest in expanding cooperation between Kazakhstan and African countries in the fields of trade, investment, and sustainable development, as well as exchanging experiences in addressing the challenges facing the global community.