Kazakhstan and Bulgaria intend to expand trade and economic cooperation
Ambassador of Kazakhstan to Bulgaria Viktor Temirbayev met with newly appointed Minister of Economy and Industry of the Republic of Bulgaria Peter Dilov,El.kz cites MFA.
During the meeting the interlocutors reviewed the current state and prospects for further development of bilateral trade, economic and investment relations, including in priority areas within the framework of the Enhanced Partnership and Cooperation Agreement between Kazakhstan and the European Union. Special attention was paid to the prospects of cooperation between Astana and Sofia.
Ambassador Temirbayev briefed the Bulgarian side in detail on the political and economic reforms initiated by President of Kazakhstan Kassym-Jomart Tokayev, the ongoing work of the Government to create a favorable investment climate, measures of state support to foreign investors and the opportunities provided at the Astana International Financial Center. According to the Kazakh diplomat, such areas as transport and logistics, agriculture, digitalization, tourism, and critical raw materials open up new opportunities for Bulgarian businesses to expand cooperation with Kazakhstan.
The parties also held substantive negotiations on issues related to the preparation and holding of the 5th meeting of the Kazakh-Bulgarian Intergovernmental Commission on Economic Cooperation in Sofia.
In turn, Minister Dilov noted the important role of Kazakhstan in Central Asia and its transit potential in trade between Europe and Asia, and also confirmed his readiness to increase practical cooperation in trade, economic and investment spheres.
In conclusion, the parties agreed to maintain close working contacts on all issues identified during the meeting.
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