Меню

Страницы

Статья

Trade and economic cooperation

According to the data of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan, bilateral trade between the Republic of Kazakhstan and the Republic of Lithuania in 2019 amounted to $ 412.4 million (exports - $ 318.1 million, imports - $ 94.3 million). 

According to the data of the Statistical Office of Lithuania, in 2019 the turnover amounted to 1.121 billion euros (exports from the Republic of Lithuania - 430.9 million euros, imports to the Republic of Lithuania - 690.4 million euros).

The main articles of Kazakhstan's exports: crude oil (91.5%), fish (2.9%), copper (1.9%), corrosion-resistant steel (0.8%), stones and glass (0.2%), sulfur (0.2%), equipment for industry and processing (0.1%), fittings (0.1%), equipment (TV / radio projectors) (0.1%), other (2.4%).

The main articles of Kazakhstan's imports: dairy products and cheeses (14.8%), machinery and spare parts (10.8%), fish (9.6%), food products (6.8%), furniture (6.7%) , apparatus and equipment (industrial / photo / sound recording) (6.2%), oil products (5.6%), building materials (5.6%), paints (4%), aluminum and steel products (3.9 %), engines (3.5%), soaps and chemicals (3.3%), fabrics, materials and clothing (2.6%), acids and reagents (2.5%), electrical equipment (2.4% ), paper (1.5%), reinforcement (2.1%), other (8.2%).

For the period from 2005 to the 3rd quarter of 2019, the gross inflow of direct investments from Lithuania to Kazakhstan amounted to $ 31.2 million. 

Between 2005 and the 3rd quarter of 2019, the gross outflow of direct investment from Kazakhstan to Lithuania amounted to $ 21.2 million.

As of November 1, 2019, 131 companies with the participation of Lithuanian capital are operating in the Republic of Kazakhstan (banking technologies “BS / 2”, production of soft drinks “Libella Bottlers Almaty”, etc.). Most of the so-called small business - 128 companies (car sales, logistics, construction, insurance, manufacturing, real estate, etc.).

An important mechanism for enhancing cooperation is the Intergovernmental Commission on Trade and Economic Cooperation. Till nowadays, 12 meetings of the IPC have been held (the last was in Vilnius on March 5, 2019).

The co-chairs of the commission are: from the Kazakhstan side - Vice Minister of the Ministry of Finance of the Republic of Kazakhstan K. Baedilov, from the Lithuanian side - Minister of Economy and Innovation of the Republic of Lithuania (vacant position).

The Kazakh-Lithuanian IGC includes working groups on road transport and tourism.

On October 7, 2011, an Agreement was signed between the “Atameken” National Economic Chamber and the Lithuanian Confederation of Industrialists (LCI) on the establishment of the Kazakh-Lithuanian Business Council. In July 2019, the CPL came out with a proposal to resume the activities of the Council, having re-formed the Lithuanian part. The response of “Atameken” NСE is expected.

In the fall of 2019, the Baltic-Kazakhstan Economic Association (Riga) established a branch in Lithuania.

Дата публикации
06 февраля 2020
Дата обновления
06 февраля 2020
Тип

Сейчас читают

Information
22 апреля 2024
LEGALISATION OF DOCUMENTS
Information
22 апреля 2024
ISSUANCE, EXTENSION OF ENTRY AND TRANSIT VISAS THROUGH THE REPUBLIC OF KAZAKHSTAN TERRITORY
22 апреля 2024
Consular services for Foreign Citizens

Социальные медиа

Instagram
Facebook
Twitter
Telegram

Меню подвал

State of the Nation Address of the President of Kazakhstan
Website of the President of Kazakhstan
Website of the Prime Minister of Kazakhstan
Digital transformation concept
National symbols
Terms and explanations
Central communications service under the President of the RK
Screen Reader
Құпиялылық саясаты
Constitution of the Republic of Kazakhstan