Bilateral consultations on enhancing economic cooperation held in Kyiv

KYIV, October 16, 2020 - Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan, Askar Shokybayev, met with Deputy Foreign Minister of Ukraine, Yevheniy Yenin.

The parties highly appreciated the Kazakhstan-Ukrainian Investment Forum held the day before, which confirmed the strong interest of the two countries in developing multifaceted trade and economic cooperation. The parties identified the agro-industrial sector, mechanical engineering and pharmaceuticals as priority areas of cooperation. The sides emphasized that the countries have not only accumulated solid experience, but also have plans for major projects in these industries. Mr. Shokybayev stressed that the first of them is the establishment of joint ventures on the territory of Kazakhstan to promote finished products to the markets of neighbouring countries.

In turn, Yenin noted that consistent work in these areas will overall strengthen cooperation between the two countries. He also confirmed Ukraine’s readiness to hold in the near future the next meeting of the bilateral interstate commission for trade-economic cooperation and bilateral negotiations on transport and communications.

In addition, as a follow-up to the agreements reached by the Minister of Foreign Affairs of Kazakhstan, Mukhtar Tileuberdi, and the First Deputy Minister of Foreign Affairs of Ukraine, Emine Dzhaparova, during the recent meeting in Bratislava, the parties specified a number of aspects of deepening cooperation between the two countries within the framework of international organizations.