Two-way trade between Kostanay region, S. Korea totals $73mln

KOSTANAY. KAZINFORM - Ambassador of the Republic of Korea to Kazakhstan H.E. Koo Hong-seok paid a visit to Kostanay region to meet with akim (governor) of the region Arkhimed Mukhambetov last week, Kazinform correspondent reports.

photo: QAZINFORM

During the meeting the sides discussed the strengthening of economic ties.

Governor Mukhambetov took to his Instagram account to reveal that two-way trade between Kostanay region and the Republic of Korea in 2021 has totaled $73 million. Kostanay region mostly imports vehicle components, electric accumulators, metal goods, and electric equipment, but at the same time works to step up trade volumes through export, he wrote in a recent Instagram post.

He also shared about a number of state programs offering investment preferences and soft financing.

He invited Korea investors to an industrial zone which began operating in Kostanay region, adding the zone is properly equipped.