ASTANA, Kazakhstan, May 28. Bilateral trade
with Russia is projected to reach $30 billion, while Russian
investments have become the largest among all foreign investors in
the Kazakh economy, Kazakhstan’s President Kassym-Jomart Tokayev
said, Trend reports
via the press service of the Kazakh president.
According to Tokayev, the portfolio of economic cooperation
projects between the two countries includes 177 initiatives, of
which 122 have already been implemented and are in the operational
cycle.
He emphasized that the visit demonstrated qualitative progress
in bilateral relations, describing Russia as a key Eurasian partner
and highlighting the scale of long-term economic ties.
Tokayev also noted that Russia’s GDP exceeded $2.5 trillion last
year, underlining its role as a major global economy, and said both
countries remain committed to strengthening strategic
partnership.
The sides additionally adopted a joint statement outlining
“seven foundations of friendship and good-neighbourliness,” which
is expected to guide long-term cooperation between Kazakhstan and
Russia.
