Kazakhstan - Romania: new steps in unlocking the trade and investment potential of the two countries

Kazakhstan - Romania: new steps in unlocking the trade and investment potential of the two countries

On October 29, 2020, for the first time in the history of bilateral relations, the meeting of the Kazakh-Romanian Intergovernmental Commission on trade, economic, scientific and technical cooperation was held in a video conference format.

On the Kazakh side, the Intergovernmental Commission was headed by the Minister of Ecology, Geology and Natural resources of Kazakhstan Magzum Mirzagaliyev, and on the Romanian side – Minister of Economy, Energy and Business environment Virgil-Daniel Popescu.

As a result of the negotiations, the Protocol of the 15th meeting of the IPC was signed, which was preceded by active negotiations on a wide range of issues of interaction.
In particular, an agreement was reached to activate such priority areas of cooperation as energy, environmental protection, light and heavy industry, construction, agriculture, education, transport and pharmaceuticals. At the same time, the special importance of actively expanding trade relations and attracting mutual investment was noted.