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Astana, Kazakhstan • 19 October, 2022 | 14:08
1 min read

Kazakhstan to Increase Exports to Vietnam by $500 million

The trade turnover between the two countries has doubled over the past seven years

www.primeminister.kz
www.primeminister.kz

Prime Minister Alikhan Smailov and Vice President of Vietnam Vo Thi Anh Xuan discussed the issues of deepening economic and social and cultural cooperation between the two countries, QazMonitor reports citing the prime minister’s press service.

Smailov stated that the two countries have developed a high level of bilateral cooperation, noting the signing of the free trade zone agreement between the Eurasian Economic Union and Vietnam in 2015 as the major contributor to doubling the countries’ trade turnover.

"At the same time, we are ready to increase Kazakhstan's exports by more than $500 million for 90 types of goods," he said.

www.primeminister.kz

The issue of granting Kazakh citizens visa-free entry to Vietnam was also raised by the prime minister during the meeting, regarding which he pointed out that the implementation of such a regime will have a positive impact on the development of trade and tourism between the countries.

In addition, he stressed that Kazakhstan has an interest in adopting Vietnamese technologies of rice cultivation and the generally expanding cooperation in agriculture.

For her part, Vo Thi Anh Xuan said that Vietnam values cooperation with Kazakhstan and seeks ways to further strengthen the dialogue and partnership between them.

"Kazakhstan occupies an important geographical position in connecting major world markets. We are ready to consider concrete proposals for joint work in all mutually beneficial directions," summarized Vo.

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