(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 16. Kazakhstan
is Canada's largest commercial partner in the Central Asia region,
particularly in natural resources and agriculture, Jason Kung,
Spokesperson for Global Affairs Canada, told trend .
"In 2022, bilateral trade between Canada and
Kazakhstan surpassed a billion Canadian dollars ($750.1 million).
In recent years, bilateral trade has mainly been driven by an
increase in Canadian imports," he said.
According to the spokesperson, when it comes to
exports, machinery, and vehicles accounted for about 80 percent of
Canadian exports to Kazakhstan. This can be attributed to the
applicability of Canadian equipment and technology to Kazakhstan's
extractive industries and agriculture.
"The Kazakhstan-Canada Business Council, created in
2015 and co-chaired by Saskatoon-based uranium miner, Cameco, has
been a testament to the economic ties between countries," he
added.
Furthermore, the spokesperson elaborated on the local
Canadian institutions aimed at facilitating cooperation with
international organizations and markets.
"The Trade Commissioner Service (TCS) provides
Canadian companies with market information and assistance in
finding local buyers and partners; organizes various value-added
events with participation from industry and government stakeholders
from both sides. The TCS also plays an advocating role for Canadian
companies in international markets and negotiates various trade
agreements to facilitate and protect Canadian investments," Kung
said.
He went on to add that Canada's Embassy funds a number
of projects through the Canada Fund for Local Initiatives (CFLI)
and continues to encourage Kazakhstan's commitment to democratic
reforms notably by contributing to the OSCE's election observation
mission to parliamentary elections in March 2023 and presidential
elections in November 2022.
"The Government of Canada will continue to work with
international and domestic partners to achieve our ambitious
climate and international development commitments, and establish
Canada as the global supplier of choice for clean energy in a
net-zero world," he said.
Comments
No comment