Czechia injected $350mln of directed investment in Kazakhstan in 20 years
Czechia has injected $350 million of directed investment in Kazakhstan within 20 years, Murat Nurtleu, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan, said after the meeting with the Czech Minister of Foreign Affairs, Jan Lipavský, in Astana, Kazinform News Agency reports.
According to him, Czechia is one of Kazakhstan’s major trade partners in Europe in terms of mutual commodity turnover.
In his words, the volume of bilateral trade doubled last year and surpassed $630 million.
“We are pleased to note that in the past 20 years, the volume of direct investment from Czechia to the country’s economy has exceeded $350 million. In this context, we reaffirmed our readiness to continue boosting trade relations and promote bilateral projects and initiatives,” said Murat Nurtleu.
He recalled that the leading Czech companies such as Škoda Auto, Tatra and Home Credit are successfully operating in Kazakhstan.
“We have agreed to continue cooperation in machine-building, energy, transport, IT, agriculture, pharmaceutics, military equipment, and new technologies. We have also discussed the development of transport-transit partnership as the main component of our trade-economic cooperation. In this context, we have emphasized the enormous potential of the Trans-Caspian International Transport Route, which has become one of the most important strategic trade routes. As you know, 80% of the cargo transported overland from Asia to Europe, run through Kazakhstan. We plan to raise this volume to 10 million tons in the nearest time,” Murat Nurtleu said.
Earlier, the Czech Foreign Minister said that his country would help Kazakhstan in restoration of Przewalski's horse breed in Kazakhstan.
In an interview with Kazinform, Jan Lipavský said that Czechia views Kazakhstan as a key player in the Central Asian region.
