Kazakhstan and China implementing 45 projects with investment volume of over $14.5 billion

Kazakhstan and China are currently implementing 45 joint Kazakh-Chinese projects with an investment volume of over $14.5 billion.

Report informs via Kazakh media that the implementation of previously reached agreements was discussed between Prime Minister of Kazakhstan Olzhas Bektenov and Chinese Ambassador Zhang Xiao.

The press service of the Prime Minister of Kazakhstan reported that the parties discussed issues of further development of trade, economic, investment, transit and transport cooperation, as well as cultural and interregional interaction.

In addition, attention was paid to strengthening partnerships in the fields of education and science, and technology transfer.

During the negotiations, the sides considered measures to eliminate restrictions in mutual trade, remove administrative barriers and simplify customs procedures.

In particular, the readiness to increase the supply of highly processed Kazakh agricultural products to the Chinese market was indicated. At the same time, the sides also discussed ongoing steps in the transit and transport sector to build a new Bakhty-Tachen railway checkpoint, expand the potential of the Trans-Caspian international transport route and develop regional integration.