
Minister of Trade and Integration of the Republic of Kazakhstan Bakhyt Sultanov at a meeting in Dushanbe discussed with the Minister of Economic Development of the Russian Federation Maxim Reshetnikov the issue of deepening trade and economic cooperation between the two countries.
In particular, they discussed plans for Kazakhstan to create trade and industrial hubs in the regions bordering with Russia.
According to Sultanov, " the creation of such hubs along international transport corridors will contribute to industrial cooperation between the countries of the Eurasian Economic Union and increase their export potential." In addition, as the Minister of Trade of the Republic of Kazakhstan noted, this will give an impetus to the development of cross-border cooperation between the Republic of Kazakhstan and the Russian Federation.
The parties also discussed the creation of the Eurasian commodity distribution system. Noting that it is designed to strengthen the food security of all participants. In addition, " ensuring stable and predictable flows of goods will expand export flows to third-country markets."
The parties also noted that Kazakhstan and Russia also have a great potential for developing cooperation in such areas as agriculture (animal husbandry), mining, ICT, energy – modernization and expansion of the electric power network, the introduction of renewable energy sources.
"Tourism can become a separate point of growth and a key project-the creation of a special cross-border tourist zone "Mount Belukha", - said the Minister of Economic Development of the Russian Federation Maxim Reshetnikov.
According to the results of the first 4 months of 2021, the trade turnover between Kazakhstan and Russia increased by 20.4% and amounted to $ 6.6 billion.
Maxim Reshetnikov invited the delegation of Kazakhstan to the 2nd Caspian Economic Forum, which will be held on August 11-12 in Moscow with the participation of the heads of government of the Caspian states. The forum will discuss topical issues in the field of "green economy" and sustainable development, transport and logistics, energy and tourism, scientific and cultural partnership.