Prospects for the development of trade and economic relations between Kazakhstan and Singapore

Prospects for the development of trade and economic relations between Kazakhstan and Singapore

Deputy Prime Minister - Minister of Trade and Integration Serik Zhumangarin held talks with the Minister in the Office of the Prime Minister, the Second Minister of Foreign Affairs and Education of the Republic of Singapore, Dr. Maliki Osman.

The participants of the meeting discussed a wide range of issues of trade and economic, financial and investment, transport and communication bilateral cooperation.

Thanking for the warm welcome, the Minister in the Prime Minister's Office, Dr. Maliki Osman, expressed confidence that thanks to productive negotiations, Kazakh-Singaporean ties will consistently expand. In turn, Serik Zhumangarin stressed Kazakhstan's interest in mutually beneficial relations with Singapore in the trade and economic sphere.

The trade turnover between Kazakhstan and Singapore in January-August 2022 amounted to 1.2 billion US dollars, which is 99.2% higher than in the same period of 2021 ($0.6 billion).