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Kazakhstan, Austria agree on Action Plan of Kazakhstan-Austrian Business Council for 2021

Business Materials 29 October 2020 15:28 (UTC +04:00)

BAKU, Azerbaijan, Oct. 29

BY Nargiz Sadikhova - Trend:

Kazakhstan and Austria signed the Action Plan of the Kazakhstan-Austrian Business Council for 2021, Trend reports citing Kazakhstan’s Kazakh Invest National Company.

The Action Plan was signed following an online meeting of the Kazakhstan-Austria Business Council (KABC) held on Oct. 28 with the participation of representatives of the business circles of the two countries.

During the meeting, the parties discussed topical issues aimed at developing economic ties between the two countries.

Within the framework of the meeting, the topics of cooperation in the field of machine building, digitalization, energy efficiency, green economy, agro-industrial complex, and the expansion of mutual trade were discussed.

The practice of mutual participation of representatives of the engineering industry in bilateral events held in Kazakhstan and Austria was positively assessed.

Vice-President of the Austrian Economic Chamber Richard Schenz emphasized that Kazakhstan is Austria's priority partner in the region and Austrian firms are ready to invest in the country's economy.

The Kazakh side noted the importance of attracting advanced Austrian technologies to the Republic of Kazakhstan and developing human resources.

Following the meeting, the parties signed the Action Plan of the Kazakhstan-Austrian Business Council for 2021. This document is aimed at strengthening bilateral relations in various spheres of the economy.

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Follow the author on Twitter: @nargiz_sadikh

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