Romanian experts highly appreciate Kazakhstan's reform course

Bucharest, 15 May 2024 – The Embassy of Kazakhstan in Romania together with the Middle East Political and Economic Institute organized a round table "Kazakhstan: on the path of progressive reforms. A new chapter of cooperation between Kazakhstan and Romania". The event was attended by representatives of leading think tanks - "Smartlink Communications", "EuroDefense Romania", "European Institute of Romania", "National Institute for Research and Development in Informatics", "Institute for World Economy", former foreign ministers and ambassadors of Romania, as well as a wide range of representatives of the expert community and media of the host country.

In his speech  Ambassador of Kazakhstan to Romania Yerlik Ali informed the participants about the practical realization of important internal political changes in Kazakhstan, including the constitutional referendum, limitation of the President's mandate to one seven-year term and renewal of both chambers of the Parliament, as well as the first elections of mayors of districts and cities of regional significance, which contribute to the formation of a new electoral culture not only in the country, but also in the region. The main goal was emphasized – to increase the volume of GDP of the Republic of Kazakhstan up to 450 billion dollars in five years with outpacing growth of real incomes of the Kazakhstan people. Its achievement will be facilitated by comprehensive measures to liberalize the economy, improve budget and tax policy, formation of a unified system of investment attraction, introduction of new approaches in industrial policy and development of the agro-industrial complex, strengthening of the transportation and logistics potential of the Republic of Kazakhstan, as well as digitalization of the economy. The Ambassador noted that the country's leadership is taking necessary measures to ensure further growth of the population's welfare.

In turn, Romanian experts highly appreciated the political reforms being carried out in Kazakhstan and expressed confidence that the large-scale transformation aimed at political reset and improvement of the country's welfare will have a positive impact on further strengthening of relations with Romania. The participants also expressed considerable interest in the new model of economic growth of the Republic of Kazakhstan. They acknowledged the systematic approach of the leadership of the Republic of Kazakhstan to build a solid foundation for the economy and the development of new points of economic growth. It was noted that the realization of the set tasks will ensure the strengthening of the growth potential of Kazakhstan's economy and increase its resistance to global risks in the context of geopolitical tensions and protectionism in global politics.

At the end of the round table, participants exchanged views on topical issues of bilateral political, trade and economic, cultural and humanitarian cooperation, as well as interaction in the format of the Kazakhstan-EU and Central Asia-EU. Along with this, the significant contribution of Kazakhstan to the energy security of the region was noted. There was also great interest in the discussion on the prospects for the development of investment and trade and economic cooperation between Kazakhstan and European countries, including the development of the Trans-Caspian international transportation route.