Brazilian region is interested in economic ties with Kazakhstan

Brasilia, April 27, 2021 - at the invitation of the Brazilian side, Ambassador of Kazakhstan Bolat Nussupov visited the capital of the state of Bahia, Salvador and met with Governor Rui Costa.

Ambassador of Kazakhstan acquainted the head of the Brazilian state with the main achievements of Kazakhstan over 30 years of independence and the political and economic reforms being carried out in the country, designed to ensure Kazakhstan's entry into the OECD and the number of 30 developed countries of the world, the current status of cooperation between Kazakhstan and Brazil, and also presented trade -economic and investment potential of our country and priority areas for building up interregional cooperation.

Taking into account the economic opportunities of Bahia, it was proposed to expand the interaction of Kazakhstan with the state in the mining industry and agriculture, as well as in the framework of twinning relations with one of the industrial regions of Kazakhstan.

In turn, the Governor thanked the Kazakh side for its contribution to the infrastructure development of the Brazilian state in the context of the successful investment activities of ERG through its subsidiary “Bahia Mineração” in the mining and transport industries.

The head of state highly appreciated the trade, economic, investment and transit and transport potential of Kazakhstan and noted the strategically important location of Bahia, which has access to the ocean. Taking into account the potential of bilateral trade, economic and investment cooperation, Rui Costa spoke about the readiness of the state to become a leading partner of Kazakhstan.

Bahia is the leading state in the north and northeast of Brazil and the sixth (out of 26) largest economy in the country. The state's economy is focused on industry and agriculture. Bahia also has significant deposits of minerals and oil.