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Moldova to open its embassy in Kazakhstan's Astana next year

Economy Materials 14 November 2024 09:43 (UTC +04:00)
Moldova to open its embassy in Kazakhstan's Astana next year
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, November 14. Moldova will open its embassy in Kazakhstan's capital next year, Trend reports.

This became known during the meeting between the President of Kazakhstan, Kassym-Jomart Tokayev, and the President of Moldova, Maia Sandu, on the sidelines of the COP29 World Climate Summit, which is being held in the capital of Azerbaijan, Baku.

During the meeting, the possibilities for expanding traditionally friendly relations between Kazakhstan and Moldova were discussed, particularly in the areas of trade, economy, and culture.

Maia Sandu stated that the opening of the Embassy of the Republic of Moldova in Astana next year would contribute to the further development of bilateral cooperation. The interlocutors agreed to organize mutual high-level visits.

Kazakhstan and Moldova are both signatories of the Free Trade Area Agreement, signed in 2011 in St. Petersburg following the meeting of the CIS heads of government. According to the State Registration Chamber of the Republic of Moldova, there are 29 enterprises in the country with a total amount of Kazakh investments in their share capital of approximately $40.8 million.

To note, the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) started in Baku on November 11. The United Nations Framework Convention on Climate Change is an agreement signed at the Earth Summit in Rio de Janeiro in June 1992 to prevent dangerous human interference in the climate system.

A total of 198 countries are Parties to the Convention. Unless the parties decide otherwise, the COP is held annually. The first COP event took place in March 1995 in Berlin, and its secretariat is located in Bonn.

The main expectation from COP29 is to agree on a fair and ambitious New Collective Quantitative Goal (NCQG) on climate finance. The COP29 chairmanship has launched 14 initiatives that include linkages between climate action and the Sustainable Development Goals, including green energy corridors, green energy storage, harmony for climate resilience, clean hydrogen, methane reduction in organic waste, action on green digital technologies, and other topics.

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