Kazakhstan and the Czech Republic will develop cooperative business ties

The 11th meeting of the Kazakh-Czech Intergovernmental Commission on Economic, Industrial, Scientific and Technical Cooperation was held in Prague today. The Chairman of the IPC on the Kazakh side is Vice-Minister of Trade and Integration of the Republic of Kazakhstan Kairat Torebayev, on the Czech side - Deputy Minister of Industry and Trade of the Czech Republic Martina Tauberova.

The parties noted that the Intergovernmental Commission has established itself as a platform where concrete measures are discussed and taken on a wide range of issues of Kazakh-Czech cooperation.

In his speech, Kairat Torebayev emphasized that "The Czech Republic is one of Kazakhstan's reliable partners, and we adhere to similar positions on key issues on the international agenda, which contributes to mutual understanding and our successful cooperation."

The parties discussed the possibility of intensifying cooperation in a number of areas.

In order to increase the trade turnover of the two countries, the IPC agreed to continue work on expanding the range of goods.

Thus, Kazakh companies are ready to offer Czech buyers deliveries of 135 processed goods totaling $593.4 million (these are products in various industries: metallurgical, petrochemical, food, chemical, machine-building, construction goods, light industry goods, pharmaceutical goods, etc.). At the same time, KazakhExport can assist in long-term trade financing and insurance of trade supplies.

"We are ready to consider a similar list from the Czech side to find potential partners with us," Vice Minister Torebayev emphasized.

Kazakhstan and the Czech Republic are considering the possibility of creating joint cooperation projects aimed at the production of export goods as one of the effective tools for expanding economic cooperation.

Azamat Askaruly, General Director of the "Center for the Development of Trade Policy "QazTrade" JSC, also informed that Kazakhstan has a wide range of tools to support export-oriented industries, including those with the participation of foreign capital, which are aimed at producing products with a high degree of processing.

Vice Minister of Trade and Integration Kairat Torebayev also called on Czech companies "to actively participate in the activities of the International Center for Cross-Border Cooperation "Khorgos", which opens up the possibility of entering not only the Chinese market, but also expanding the geography of exports to the markets of the Asian region."

To create conditions for the development of cooperative ties between the business circles of Kazakhstan and the Czech Republic, it was proposed to "create a permanent business dialogue in the format of a "Business Council".

In addition, the parties decided to conduct mutual trade missions.

Within the framework of the IPC meeting, issues of building an effective transport and logistics chain for entering the capacious markets of large trading neighbors were also discussed. "I propose to study all available land and sea infrastructure and take measures to develop a system of multimodal container transportation that ensures fast delivery of goods with minimal transport costs," the co-chair from the Kazakh side suggested.

The Minutes of the 11th meeting of the Kazakh-Czech Intergovernmental Commission on Economic, Industrial, Scientific and Technical Cooperation also included proposals to expand cooperation in such areas as agriculture, mechanical engineering, education, digitalization, cooperation between our departments in the field of standardization, accreditation and metrology, as well as in the field of environmental monitoring, combating climate change, development of specially protected natural areas, etc..

In addition, the Kazakh side proposed to consider the establishment of direct flights between the capitals, taking into account the consideration of visa-free access for citizens of the two countries, taking into account the improvement of the epidemiological situation.

Within the framework of the 11th meeting of the Intergovernmental Commission of Kazakhstan and the Czech Republic, a round table was also held on trade and investment cooperation between Kazakhstan and the Czech Republic with the participation of representatives of business circles and representatives of government agencies of the two countries.

During the Round table of JSC "Center for Trade Policy Development "QazTrade""Memorandum of cooperation with the Czech State Agency for Trade Support "CzechTrade". The parties plan to develop cooperation in the exchange of information, mutually beneficial search for suppliers of products, and the development of e-commerce.