Belarus-Kazakhstan Business Council session

Date: 05 July 2019

A session of the Belarus-Kazakhstan Business Council took place at the Belarusian Chamber of Commerce and Industry.

Participating in the session were the BelCCI Chairman Vladimir Ulakhovich, the Chairman of the Foreign Trade Chamber of Kazakhstan Ayan Yerenov, the Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to the Republic of Belarus Yermukhamet Yertysbayev, representatives of Belarusian enterprises and companies of Kazakhstan.

Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich told that Belarus-Kazakhstan relations develop very dynamically and positively. Bilateral cooperation has been established in line with the relevant roadmap. The Belarusian side provides assistance with large-scale projects, for instance, with Kazakhstan's industrialization program. Besides, Belarus-Kazakhstan interaction advances within the framework of the Eurasian Economic Union. "Trade turnover is constantly on the rise. We are close to reaching $1 billion," he said.

Ayan Yerenov noted that Kazakhstan is interested in expanding Belarus-Kazakhstan trade, in supplying food products, mechanical engineering products. Speaking about possible cooperation in the IT sector, he remarked: "I think many Belarusian IT companies can find their market in Kazakhstan. We've adopted the program Digital Kazakhstan, the IT industry develops, so it is an interesting sphere of cooperation."

Ambassador of Kazakhstan to Belarus Yermukhamet Yertysbayev said that Belarusian products are broadly represented on the Kazakh market and Kazakhstan also intends to seriously expand its presence in Belarus.

The session agenda included topical issues of bilateral trade and economic cooperation. The participants discussed the advancement of manufacturing cooperation, trade ties, and matters of logistics taking into account the fact Belarus and Kazakhstan participate in the Belt and Road initiative. Negotiations between businessmen of Belarus and Kazakhstan were held.

Within the session, memoranda of intentions were signed between OJSC "MAZ" – BELAUTOMAZ Holding Management Company" and Hyundai Com Trans Kazakhstan, as well as between LLC "POZHSNAB" and Hyundai Com Trans Kazakhstan.

Based on BelTA