BAKU, Azerbaijan, Dec. 3
By Nargiz Sadikhova - Trend:
Despite the negative impact of the COVID-19 pandemic, Kazakhstan continues to search for new opportunities for mutually beneficial cooperation with Finland, Sweden, Denmark, and Norway, Deputy Foreign Minister of the Republic of Kazakhstan Almas Aidarov said, Trend reports citing KAZAKH INVEST National Company.
The opportunities for investment, trade, and economic cooperation of Kazakhstan with Finland, Sweden, Denmark, and Norway were discussed during the first business meeting «Kazakhstan – Northern Europe».
In this regard, Aidarov said, Kazakhstan is interested in expanding and deepening partnership with the Nordic countries.
“I believe that the level of our cooperation is unreasonably low. Our countries have a great potential for mutually beneficial long-term cooperation, especially in such important sectors as the fish farming and processing, growing of wheat, renewable energy sources, the production of equipment for petrochemical projects, as well as digitalization,” Aidarov said.
He noted that Kazakhstan has been consistently developing reforms aimed at improving the investment climate.
“We provide a direct and open dialogue between the Government and investors, as well as constant improvement of infrastructure to attract new investments, advanced technologies, and know-how,” Aidarov said.
Sweden, Norway, Denmark, and Finland cumulatively invested over $ 2.4 billion into the economy of Kazakhstan to date since 2005. In the last 4 years alone, the trade turnover between Northern Europe and Kazakhstan amounted to over $3 billion.