Our trade with Kazakhstan in the first ten months of 2022 grew by nearly 42% compared to the same period of 2021 and reached USD 52.1 million. This became clear during a meeting between the Minister of Economy and Industry Nikola Stoyanov and the Ambassador of the Republic of Kazakhstan to Bulgaria H.E. Viktor Temirbayev.
They discussed initiatives to expand economic cooperation and strengthen trade ties between the countries. Minister Stoyanov stressed that it is very important to conduct more initiatives between the trade organizations of the two countries in order to more actively assist the business in launching joint projects.
It became clear from the talks that the Kazakh side is interested in deepening cooperation with Bulgaria in the field of energy and building joint ventures with Bulgarian companies. ‘We are actively working for the creation of more partnerships between Bulgarian companies and foreign businesses, because this is a prerequisite for increasing trade and a wider representation of foreign companies in Bulgaria through proven Bulgarian partners,’ Nikola Stoyanov emphasized.
Issues related to the development of transport corridors between Europe and Asia were also discussed, highlighting the strategic location of the two countries. In Ambassador Temirbayev’s words, Bulgaria is a gateway to Europe for the countries of Asia, and Kazakhstan in turn provides access to the entire Central Asian region.