ASTANA, Kazakhstan, August 29. At the moment, Kazakhstan and Russia are intensively developing trade and economic cooperation, the head of the Russian Trade Representative in Kazakhstan, Anton Loginov, said, Trend reports.
According to him, this cooperation is characterized by high product diversification as well as a low share of raw materials.
The mutual trade of the border regions, which has significantly intensified the dialogue in recent years, also has potential for development," Loginov said.
He noted that the mutual trade of border regions has potential for development in both countries, which have significantly intensified the dialogue in recent years, and also added that only since the beginning of 2023, three high-level regional visits and 17 business missions focused on intensifying business cooperation have taken place.
Loginov also said that the number of companies in Kazakhstan with Russian capital has grown by 70 percent over the year and added that it is not difficult for Russians to open a business in Kazakhstan, given the high level of digitalization of the public services sector.
Meanwhile, Deputy Minister of Foreign Affairs of the Russian Federation Sergey Ryabkov recently said that Russia would give priority to the candidacies of Kazakhstan and Belarus when discussing the next expansion of the BRICS.