Kazakhstan proposes to expand goods export to France

Business Materials 22 January 2020 15:40 (UTC +04:00)
Kazakhstan proposes to expand goods export to France

BAKU, Azerbaijan, Jan. 22

By Nargiz Sadikhova - Trend:

Kazakhstan’s Minister of Trade and integration Bakhyt Sultanov has proposed to look into possibility of exporting Kazakh goods worth $1.5 billion to France, Trend reports with reference to the Facebook page of Sultanov.

According to Sultanov, the issue was discussed during his meeting with Minister of State attached to the Minister for Europe and Foreign Affairs of France Jean-Baptiste Lemoyne, who co-chairs Kazakhstan-French Intergovernmental Commission of economic cooperation. The meeting was held in Paris.

Within the framework of the meeting, the parties also discussed development of trade and economic cooperation.

“Kazakhstan imports aircraft, medicine and vaccines, electric transformers from France. We have discussed the opportunities for trade turnover increase. Kazakhstan is also aiming to diversify its export structure,” Sultanov said.

According to the minister, Kazakhstan has the means to increase export of wheat flour, metallurgy and chemical products.

“I think that our talk with Lemoyne will give an impulse to the joint work on trade increase,” Sultanov said.

He added that the trade turnover value between Kazakhstan and France during 11 months of 2019 amounted to $4 billion.

“We export crude oil, uranium, cathodes and copper, as well as fishery products to France. Last year, the export value amounted to $3.4 billion,” the minister said.


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