Tuesday, 02 January 2024 12:17 GMT

Kazakhstan, Sweden Explore Expansion Of Trade, Industrial Cooperation


Date:

(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 13. Kazakhstan and Sweden have discussed prospects for expanding trade, industrial cooperation, and launching new investment projects.

This was announced in a report published by the Kazakh Ministry of Trade and Integration following a meeting between Minister Arman Shakkaliyev and the State Secretary for Foreign Trade at the Swedish Ministry for Foreign Affairs, Diana Janse.

"During the talks, the sides exchanged views on key issues of trade and economic cooperation, including the potential to increase bilateral trade turnover, attract investments, and strengthen business-to-business engagement between the two countries", the ministry says.

According to the ministry, in the course of the meeting, particular attention was given to trade facilitation measures, including improving market access for goods in Kazakhstan and Sweden, removing technical barriers to trade, enhancing logistics and customs procedures, and creating more favorable conditions for export-import operations.

The information indicates that at the meeting, the Kazakh side reaffirmed its interest in expanding exports of non-resource goods to Sweden and the broader European Union market. In this regard, the parties discussed opportunities to deepen cooperation between QazTrade, the Swedish National Board of Trade, and Business Sweden to support exporters and develop direct business contacts.

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