Kazakhstan and Bulgaria interested in developing trade and economic partnership

In order to discuss topical issues related to the development of trade and economic relations between Kazakhstan and Bulgaria, Ambassador of Kazakhstan Viktor Temirbayev met with the Minister of Economy and Industry of Bulgaria Bogdan Bogdanov, El.kz cites MFA.

During the conversation, specific issues and initiatives were discussed to enhance bilateral cooperation in trade, economic and investment spheres, including in priority areas within the framework of the Enhanced Partnership and Cooperation Agreement (EPCA) between the Republic of Kazakhstan and the European Union. Special attention was paid to the opportunities arising from the EPCA for cooperation between Astana and Sofia.

The parties held substantive negotiations on issues related to the preparation and holding of the next fifth meeting of the Kazakh-Bulgarian Intergovernmental Commission on Economic Cooperation.

At the same time, Ambassador Temirbayev familiarized the interlocutor in detail with the political and economic reforms initiated by the President of Kazakhstan Kassym-Jomart Tokayev, the ongoing work of the Kazakh Government to create a favorable investment climate, measures of state support to foreign investors and the opportunities provided at the AIFC and FEZ sites, and also shared views on potential “niches” for the development of economic relations between the business circles of the two countries.

In turn, Minister Bogdanov confirmed his readiness to increase practical cooperation with Kazakhstan in the trade, economic and investment spheres.

In conclusion, the parties agreed to maintain close working contacts on all issues discussed during the meeting.

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