The 14th meeting of the Kazakh-Lithuanian intergovernmental commission on trade and economic cooperation was held in Vilnius

The 14th meeting of the Kazakh-Lithuanian intergovernmental commission on trade and economic cooperation was held in Vilnius

Vilnius, February 29, 2024 - The 14th meeting of the Kazakh-Lithuanian Intergovernmental Commission on Trade and Economic Cooperation was held in Vilnius. The Kazakh delegation was headed by Vice-Minister of Trade and Integration Kairat Torebayev and the Lithuanian delegation by Minister of Economy and Innovation Aushrine Armonaite. The parties discussed in detail the issues of expanding interaction to diversify the structure of trade in the fields of transport and logistics, investment, agriculture, culture, education, and environmental protection. There has been an increase in the number of Lithuanian companies operating in Kazakhstan, the number of which has reached 190. From 2005 to September 2023, the gross inflow of direct investment from Lithuania to Kazakhstan amounted to $95 million.
Following the event, the co-chairs of the Commission signed a Protocol, which included practical steps to develop key areas of trade, economic, cultural, and humanitarian cooperation between the two countries.