Alexei Overchuk held a meeting of the co-chairs of the Intergovernmental Commission on Cooperation between the Russian Federation and the Republic of Kazakhstan
Alexei Overchuk held a meeting of the co-chairs of the Intergovernmental Commission on Cooperation between the Russian Federation and the Republic of Kazakhstan
Alexei Overchuk held a meeting of the co-chairs of the Intergovernmental Commission on Cooperation between the Russian Federation and the Republic of Kazakhstan
Alexei Overchuk held a meeting of the co-chairs of the Intergovernmental Commission on Cooperation between the Russian Federation and the Republic of Kazakhstan
Jointly with Deputy Prime Minister of the Republic of Kazakhstan Serik-Zhumangarin, Deputy Prime Minister of Russia Alexei Overchuk held a meeting that brought together co-chairs of the Intergovernmental Commission on Cooperation between the Russian Federation and the Republic of Kazakhstan. The event was held on 25 July in Astana, Kazakhstan, and was attended by officials from specialised entities, ministries and agencies, as well as business leaders from Russia and Kazakhstan.
The deputy ministers reviewed matters of interaction of mutual interest, as well as promising areas of bilateral cooperation.
The IGC co-chairs scrutinised joint steps to advance cooperation in transport and logistics, energy, and agriculture, and reviewed the progress of projects in tourism and prospects for deepening integration processes within the Eurasian Economic Union.
The Deputy Prime Minister pointed out that Kazakhstan was Russia’s fifth largest trading partner. Russia’s exports to Kazakhstan mostly include metals, food and engineering products, and imports from Kazakhstan include engineering products, chemical industry products, and metals.
The countries rely on national currencies in mutual trade with their share making up 88 percent.
Energy cooperation promotes stable growth. 7 October 2023 marked the beginning of Russian natural gas supplies to Uzbekistan via Kazakhstan. On 17 April 2024, an intergovernmental agreement was signed to build coal-fired thermal power plants in the Kazakhstani cities of Kokshetau, Semey and Ust-Kamenogorsk. “We highly appreciate the Kazakhstani side willingness to expand energy cooperation,” Alexei Overchuk said.
“Kazakhstan and Russia are interested in developing the North — South international transport corridor. Likewise, we find it important to develop transport routes connecting us with the People’s Republic of China. PRC’s agricultural markets have opened to our countries. These opportunities should be advanced in a business-friendly environment, including the availability of latest infrastructure. We are also working together to set up checkpoints and to establish infrastructure connectivity between Russia and Kazakhstan,” the Deputy Prime Minister said.
Russia-Kazakhstan interaction as part of the EAEU integration is a major factor contributing to stronger bilateral relations.
“We share our vision of the future, and define the goals and areas of cooperation as a team. We work jointly to fill the action plan on implementing the Declaration on the continued development of economic processes within the EAEU to 2030 and for the period until 2045 titled “The Eurasian Economic Path,” Alexei Overchuk said.
