Trade and economic interaction - basis of Kazakh-Brazilian cooperation

Brasilia, May 12, 2021 – Ambassador of Kazakhstan to Brazil Bolat Nussupov held an online meeting with Special Secretary for Foreign Trade and International Affairs of Brazil, Roberto Fendt.

Ambassador of Kazakhstan acquainted the leadership of the Ministry with the main achievements of Kazakhstan over 30 years of independence and the

reforms carried out in the country and presented the trade, economic, investment and transport potential of the country, taking into account its advantageous location.

The parties discussed the current status of cooperation between Kazakhstan and Brazil and ways to increase it, taking into account the existing potential by increasing the volume and diversification of the range of mutual trade, as well as implementing joint projects in the mining industry, agriculture and animal husbandry.

Special secretary for foreign trade and international affairs Roberto Fendt appreciating the possibilities of cooperation between the two countries, noted the importance of its strengthening and further expansion. In this context, he focused on the advisability of laying the institutional basis for cooperation by creating an Intergovernmental commission on trade and economic cooperation and a Business council between the leading companies of the two countries. Also, the leadership of the Ministry noted the importance of interaction within the framework of multilateral platforms, incl. EAEU and MERCOSUR, between which a Memorandum of cooperation was signed in 2018.