S. Zhumangarin discussed with A. Overchuk issues of bilateral trade and economic cooperation

On September 22, 2022, as part of a working trip to Moscow, Deputy Prime Minister - Minister of Trade and Integration of the Republic of Kazakhstan Serik Zhumangarin met with Deputy Prime Minister of the Russian Federation Alexey Overchuk to discuss issues of trade and economic cooperation between the two countries.

During the talks, topical issues of bilateral cooperation in various sectors of the economy were raised. Among the most significant from the Kazakh side are the reconstruction project of the «Astrakhan—Mangyshlak» water pipeline, the supply of steel products to the Russian Federation, the transit of Kazakh coal and iron ore raw materials, as well as emerging restrictions for the unhindered export of goods to Kazakhstan. On all issues, the participants of the meeting expressed their readiness to work closely together to work them out and resolve them as soon as possible.

The sides also noted the positive dynamics of mutual trade between the two countries. In January-July 2022, the trade turnover between Kazakhstan and Russia amounted to $13.7 billion, which is 3.5% higher than in the same period of the previous year ($13.2 billion).