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Meeting of Kazakh-French Economic Commission held

Meeting of Kazakh-French Economic Commission held
Фото: Ministry of Industry and Infrustructure Development 03.05.2023 10:05 2012

The event was chaired by the Minister of Industry and Infrastructure Development of the Republic of Kazakhstan Marat Karabaev and the Minister Delegate for Foreign Trade, Economic Attractiveness and Affairs of French Citizens Abroad of the French Republic Olivier Besht,  El.kz reports with reference to the press service of the Ministry of Industry and Infrustructure Development of the Republic of Kazakhstan.

At the 15th meeting of the Intergovernmental Commission, issues of the economic situation between the countries, cooperation in the field of agriculture, digitalization, healthcare, energy, industry and transport were discussed.

The head of the Ministry of Industry and Infrastructure Development stressed that France is one of the key trade, economic and strategic partners of Kazakhstan in the European region and is among the top 5 major investors in Kazakhstan.

"Last year's visit of the Head of State Kassym-Jomart Tokayev to the French Republic gave a new impetus to relations between the two countries. To date, France has invested more than $18 billion in Kazakhstan. In 2022, the trade turnover between the two countries increased by 30% and reached $4 billion. In general, more than 180 enterprises with the participation of French business operate in the republic," Marat Karabayev said.

Following the meeting, 6 documents were signed: a joint communiqué, a memorandum of understanding on cooperation in the field of geological underground research between BRGM and the Geology Committee of the Ministry of Industry and Infrastructure Development, a memorandum between the Akimat of the North Kazakhstan region and C3Médical on telemedicine, agreements of understanding on cooperation between Nazarbayev University and Alstom and AirLiquide, as well as a long-term agreement between AirLiquide Munay Tech Gases and KunTech .

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