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Prime Minister of the Republic of Kazakhstan Askar Mamin held talks with Prime Minister of the Russian Federation Mikhail Mishustin

Prime Minister Askar Mamin held talks with Prime Minister of the Russian Federation Mikhail Mishustin, who made a working visit to Kazakhstan. The meeting took place at the Astana International Financial Center (AIFC).

The parties discussed the issues of further increasing cooperation in the trade and economic areas, industrial cooperation, transport and logistics, energy and other sectors. They addressed topical issues of interaction in the format of the Eurasian Economic Union.

Russia is a key trade and economic partner of Kazakhstan. This year, the dynamics of trade and economic cooperation between the countries is gradually recovering. In January-June of this year, bilateral trade amounted to $10.7 billion, which is 27% higher than in the same period of 2020. If the current dynamics continues, the volume of trade between the two countries this year may exceed $23 billion.

7791 enterprises with Russian participation and 3325 joint Kazakhstan-Russian enterprises operate in Kazakhstan. Russian companies are among the five key investors related to the amount of funds invested in the economy of the Republic of Kazakhstan. Over the past 10 years, Russia has invested about $12.6 billion in Kazakhstan. The investment portfolio of Russian companies is available in almost every sector.

30 joint large projects in the industrial cooperation, trade, construction industry, pharmaceutical, petrochemical and light industries totaling $5.3 billion are under implementation and development.

For example, a tyre production plant is being built jointly with TATNEFT, as well as a plant with PJSC KAMAZ for the production of cast iron and transfer gear box of driving axles etc.  

For 6 months of this year, almost 406,500 TEU were transported through Kazakhstan and Russia in the directions of Central Asia, Europe, the Far East, which is 48% more than in the same period of 2020. The volume of container traffic through the territory of Kazakhstan amounted to 326,200 TEU (+ 58%).

The negotiations resulted in signing the following documents, in the presence of the heads of the Governments of the two countries:

- an intergovernmental agreement on the features of carrying out of the economic activities in the border area when mining copper (copper-gold) ores at the Vostochno-Tarutin (Republic of Kazakhstan), Tarutin (Russian Federation) deposits;

- an action plan for cooperation between the AIFC and the Republic of Tatarstan;

- a memorandum of cooperation on sustainable development strategies between the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, the AIFC, the Skolkovo Moscow School of Management;

- general agreement on cooperation between Bashkir Soda Company JSC and Caustic JSC;  

- a roadmap for enhancing the transition to the transportation of goods and wagons with the participation of Russian Railways JSC and NC KTZh / LLP KTZh-GP JSC using paperless technology;

- a memorandum of cooperation between NC KTZh JSC and Russian Railways JSC related to the transportation of agricultural products by rail.

The Prime Minister of the Republic of Kazakhstan Askar Mamin and the Prime Minister of the Russian Federation Mikhail Mishustin got acquainted with the activities of the Digital Office of the Government of Kazakhstan, the ongoing projects in the public services digitalization to the population and business entities, as well as the activities of the AIFC.

https://invest.gov.kz/ru/media-center/press-releases/premer-ministr-rk-a-mamin-provel-peregovory-s-predsedatelem-pravitelstva-rf-m-mishustinym/