Kazakhstan, UK Discuss Dev't Of Bilateral Relations

2024-04-25 03:10:14

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, April 25. President ofKazakhstan Kassym-Jomart Tokayev has held a meeting with theSecretary of State for Commonwealth and Development Affairs of theUK, David Cameron, where the parties discussed the development ofbilateral relations between Kazakhstan and the UK, Trend reports.

During the meeting, Tokayev noted the importance of Cameron'svisit to Kazakhstan from the point of view of giving additionalimpetus to the development of bilateral relations.

"We note with satisfaction the dynamic development of mutuallybeneficial cooperation with the UK, our important strategicpartner. I would especially like to note the Agreement on StrategicPartnership and Cooperation signed today. I am confident that thiscomprehensive document will lay a qualitatively new foundation forexpanding our multifaceted bilateral agenda," he said.

He noted the existing potential for increasing trade, economic,and investment cooperation, including in the areas of energy, thegreen economy, finance, and innovation.

In turn, Cameron thanked Kassym-Jomart Tokayev for hishospitality.

"I came here 11 years ago to start a strategic dialogue. Today,together with the Minister of Foreign Affairs of Kazakhstan, wesigned an Agreement on Strategic Partnership and Cooperation. Weintend to strengthen our interaction in the fields of energy,education, business, and culture, as well as strengtheninterpersonal ties," he noted.

The parties also exchanged views on current issues on theregional and international agenda.

Meanwhile, the volume of trade turnover between Kazakhstan andthe UK amounted to $1.18 billion in 2023. The volume of tradeturnover decreased by 36 percent compared to the same period in2022 ($1.84 billion).

At the same time, in the structure of trade turnover, exports tothe UK for the above period amounted to $702 million, which is 52percent less than from January through December 2022 ($1.46billion).

In addition, imports from the UK from January through December2023 increased by 24.5 percent and amounted to $478.6 million. In2022, imports amounted to $384.3 billion.

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