Astana, 4 May 2023 (TDI): Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan Murat Nurtleu recently met with Indian Ambassador Shubdarshini Tripathi to discuss the subject and opportunities for the growth of the strategic partnership between India and Kazakhstan.
The two diplomats exchanged views on issues of the bilateral alliance. They expressed interest in further enhancing mutually beneficial trade and economic, investment, and technological cooperation between the two countries.
During the meeting, the increase in trade between Kazakhstan and India was noted with satisfaction. By the end of 2022, the bilateral trade volume between the two countries had reached an impressive $2.5 billion. Both nations acknowledged the essence of this achievement.
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Kazakhstan and India have long-standing diplomatic ties and have been working to strengthen their bilateral partnership in various fields. During the session, the countries’ representatives emphasized the need to strengthen this economic relationship in the coming years.
The two countries have collaborated in the energy, agriculture, education, and technology sectors. Kazakhstan is also a vital partner for India’s energy security. It also has been supplying crude oil to India for several years.
Both countries’ representatives also reviewed the prospects of today’s Council of Ministers of Foreign Affairs meeting of the Shanghai Cooperation Organization (SCO).
The Kazakh delegation will participate in the SCO meeting—the participation of Kazakhstan in the SCO meeting highlights the significance of multilateral cooperation in promoting regional stability and development.
The SCO offers an excellent framework for Kazakhstan and India to engage with other member states and address matters of mutual concern.
The Kazakh government has been actively working to promote the country as an attractive destination for foreign investment.
The government has implemented several measures to create a favorable investment climate and facilitate the entry of foreign companies into the Kazakh market.
Kazakhstan’s strategic location at the crossroads of Europe and Asia, connected with its abundant natural resources, makes it an ideal destination for investment.
