Kazakhstan-Russia intergovernmental commission meets in Kazan

ASTANA (TCA) — The 20th meeting of the Intergovernmental Commission on Cooperation between Kazakhstan and Russia was held in Kazan, the capital of Russia’s Tatarstan region. The co-chairman from the Kazakh side was the First Vice Premier of Kazakhstan Askar Mamin, and from the Russian side — the First Deputy Prime Minister Anton Siluanov, the official website of the Prime Minister of Kazakhstan reported on October 29.

At the meeting, the development of bilateral cooperation in trade and economic affairs, the fuel and energy complex, the peaceful use of atomic energy, industry, transport, agriculture, health care, environmental protection, education and science, communications, information technology and mass communications, culture, tourism, interregional and cross-border relations, as well as the interaction of business circles of the two countries were discussed.

First Vice Prime Minister of Kazakhstan Askar Mamin noted the success of relations between Kazakhstan and Russia at all levels.

In 2017, a significant increase in the volume of mutual trade between Kazakhstan and the Russian Federation was recorded, which increased by 34.1% and amounted to $17.5 billion. Positive dynamics of mutual trade persists, indicating that there are opportunities to increase trade turnover to $20 billion.

Russia is one of the main investment partners of Kazakhstan — the inflow of investments over the past 12 years (2005–2017) was $12 billion. The inflow of direct investment from Russia to Kazakhstan for the first half of 2018 increased 1.5-fold compared to the same period in 2017 — up to $821 million.

There are 50 investment projects totaling $3.6 billion in the active implementation stage that will create more than 12,000 new jobs.

During the meeting, it was noted that one of the key areas of bilateral cooperation between Kazakhstan and Russia is interregional and cross-border cooperation.

As part of his working visit to Kazan, Mamin held talks with President of the Republic of Tatarstan Rustam Minnikhanov.

At the meeting, the parties noted the dynamic cooperation across the entire spectrum of bilateral relations between Kazakhstan and Tatarstan, including in the trade and economic sphere, emphasizing interest in expanding economic and investment ties.

Mamin and Minnikhanov noted the need to develop cooperation in the field of engineering, transport and logistics, petrochemicals, agriculture, IT technologies, small aircraft, etc.

Mamin and President Minnikhanov signed an Action Plan for the development of cooperation between Kazakhstan and Tatarstan.

Sergey Kwan

TCA

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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