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Astana, Kazakhstan • 31 August, 2022 | 16:24

Kazakhstan Proposes to Resume Trade on Kazakh-Chinese Border

Kazakhstan and China agree to strengthen economic cooperation

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www.gov.kz
www.gov.kz

Kazakhstan Ambassador to China Shakhrat Nuryshev met with China’s International Trade Representative and Vice Minister of Commerce, Wang Shouwen, QazMonitor reports citing the press service of the Ministry of Foreign Affairs.

The parties discussed the current state and prospects of the development of Kazakh-Chinese trade, as well as the matters of economic, investment, and interregional cooperation. Special attention was paid to the topic of improving the contractual and legal framework in order to create a favorable environment for both sides.

www.gov.kz
www.gov.kz

Ambassador Nuryshev suggested accelerating the parties' agreement on a program of trade and economic cooperation until 2026 and activating working mechanisms in the field of trade, investment, and interregional cooperation.

The Ambassador stated the readiness of Kazakhstan to expand the range of export of domestic livestock and agricultural products to China.

Mr. Nuryshev also stressed the importance for bilateral trade the resumption of the Khorgos International Center for Border Cooperation and thus the effective functioning of checkpoints on the Kazakh-Chinese border.

Deputy Minister of Commerce, Wang Shouwen supported the measures proposed by the Kazakh side, expressing willingness to further strengthen the all-around strategic partnership between Kazakhstan and China.

Both parties also agreed to work closely within the framework of the World Trade Organization (WTO), Shanghai Cooperation Organisation (SCO), The Conference on Interaction and Confidence-Building Measures in Asia (CICA), and the ‘Central Asia-China’ format.

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