Kazakhstan and Lithuania strengthen trade and economic cooperation


The 13th meeting of the Kazakh-Lithuanian Intergovernmental Commission on Trade and Economic Cooperation was held via videoconference. The Kazakh delegation was headed by Vice-Minister of Trade and Integration Kairat Torebayev, Delovoy Kazakhstan reports.

Kairat Torebayev said that Kazakhstan has sufficient potential to intensify foreign trade operations, including by creating conditions for direct contacts between economic entities of the two countries, more active participation in mutual investment projects, expanding the range of goods.

"In this regard, in order to increase the volume of mutual trade, we have prepared a list of 50 potential goods for increasing exports totaling $ 205 million, in such sectors as the petrochemical, food industry, construction, etc. We propose to work together to increase the export potential in two directions, " Vice Minister of Trade and Integration of Kazakhstan Kairat Torebayev said.

In his opinion, the Ministry of Trade of Kazakhstan sees prospects for the development of cooperation between the countries in such areas as transport and transit, digital technologies and green economy, environmental safety and environmental protection, agro – industrial complex, food industry, tourism, cooperation in the field of small and medium-sized businesses.

The Intergovernmental Commission on Trade and Economic Cooperation has become an effective platform for discussing various issues of bilateral cooperation and making decisions aimed at deepening and expanding bilateral cooperation.

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