Cooperation with regional economic organizations of South America was discussed

Cooperation with regional economic organizations of South America was discussed

Montevideo, May 7, 2024 – During his stay in the Uruguayan capital, the First Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Kairat Umarov held negotiations with the Deputy Secretary General of the Latin American Energy Organization (OLADE) Fitzgerald Cantero Piali, as well as with the Deputy Secretary General of the Latin American Integration Association (ALADI) Benjamin Blanco.

At the meeting with the management of OLADE, Kairat Umarov introduced his interlocutor to the modern energy policy of Kazakhstan and the potential of the transport and logistics sector of the region. The parties discussed key issues of trade, economic and energy interaction between Kazakhstan and Latin American countries, as well as the proposal for our country to join the Organization as an observer.

At the end of the conversation, an agreement was reached to continue the dialogue and organize working contacts at the expert level. Kairat Umarov invited the OLADE leadership to take part in the upcoming Eurasian Energy Forum in Astana.

For reference: OLADE is an intergovernmental body for cooperation, coordination and technical expertise in the energy sector. The organization was created in 1973 and has 27 member states of Latin America and the Caribbean.

On the same day, Kairat Umarov also met with the Deputy Secretary General of the Latin American Integration Association (ALADI) Benjamin Blanco.

During the conversation, the Kazakh diplomat introduced the interlocutor to the current development of Kazakhstan, as well as the investment climate in our country. In this context, the parties emphasized the practical significance of the Memorandum of Cooperation between the EAEU and MERCOSUR signed in 2018 for the two regions.

The parties agreed to continue contacts at the official and expert levels with mutual invitations to significant international events in the regions.

For reference: ALADI was created in 1980. The headquarters is located in Quito. It currently includes 13 Latin American countries.