Strengthening Cooperation in the Transport and Transit Sector in the Focus of Attention of Kazakhstan and Bulgaria

Strengthening Cooperation in the Transport and Transit Sector in the Focus of Attention of Kazakhstan and Bulgaria

Sofia, March 19, 2024 – In order to discuss current issues of bilateral trade and economic cooperation, Ambassador of Kazakhstan Viktor Temirbayev held a meeting with the Secretary of the President of the Republic of Bulgaria for Economy Hristo Alexiev.

During the meeting, the parties discussed the prospects for the development of bilateral economic cooperation, in particular in the transport and logistics sector in the context of the increasing role of the Trans-Caspian International Transport Route (TITR) in ensuring trade flows between the countries of Europe, Central Asia and China.

Ambassador V.Temirbayev informed about the ongoing work on the implementation of the tasks set by the President of the Republic of Kazakhstan Kassym-Jomart Tokayev, aimed at developing the country's transport and logistics potential. In this context, the Kazakh diplomat familiarized with the Government's measures to modernize the country's transport infrastructure in the face of growing demand for cargo and transit transportation along the territory of Kazakhstan, as well as to increase the capacity of Kazakh ports along the TMTM - Aktau and Kuryk.

At the same time, the Ambassador of Kazakhstan, in order to intensify high-level contacts, invited H.Alexiev to participate in the upcoming Astana International Forum (June 13-14) and the VII Transport and Logistics Business Forum «New Silk Way» (June 19-21).

In turn, H.Alexiev, noting the huge potential for deepening cooperation between Kazakhstan and Bulgaria in the transport and transit sector, expressed readiness to work together to implement mutually beneficial projects, including within the framework of TITR. According to him, active cooperation for the development of TITR will give impetus to the expansion of trade, economic and investment relations.

At the end of the meeting, the parties agreed to maintain working contacts on all relevant issues.

 

H.Alexiev previously held the positions of Chairman of the Board of Port Burgas JSC (2017-2021), Minister of Transport, Information Technology and Communications (2021) and Deputy Prime Minister for Economic Policy - Minister of Transport and Communications of the Republic of Bulgaria (2022-2023)