ASTANA, Kazakhstan, December 6. Kazakhstan and
Russia will strengthen mutually helpful commerce, financial, and
funding cooperation, Development
reviews.
This matter was mentioned throughout a gathering between the Minister
of Nationwide Financial system of Kazakhstan Alibek Kuantyrov and the Minister
of Financial Growth of Russia Maxim Reshetnikov in Moscow,
Development reviews.
Kuantyrov famous that Russia is among the vital commerce and
financial companions of Kazakhstan.
Mutual commerce turnover has elevated by greater than 30 % in
the final three years. Mutual commerce totaled about $19 billion at
the top of the primary 9 months of 2023, a document determine.
Moreover, the ministers of the 2 nations mentioned considerations
regarding the improvement of SMEs. Based on Kuantyrov, the
variety of functioning SMEs in Kazakhstan has elevated to 36.4
%, with a goal of 40 % by 2030.
Based on the minister, the rise within the variety of
functioning SMEs in Kazakhstan is linked to better digitalization
and authorities help.
Moreover, the events addressed authorities help
measures to encourage worldwide funding.
The quantity of commerce turnover between Kazakhstan and Russia in
2022 amounted to $26.123 billion. Kazakhstan’s exports to Russia
in the course of the reporting interval amounted to $8.78 billion, whereas
imports amounted to $17.34 billion.