18.10.2024, 22:27 218171

Expanding Mutually Beneficial Partnership on the Agenda of Kazakh-Belgian Political Consultations

The fifth round of political consultations took place involving the Deputy Minister of Foreign Affairs of the Republic of Kazakhstan, Roman Vassilenko, and the Director-General for Bilateral Relations of the Belgian Ministry of Foreign Affairs, Jeroen Cooreman, press service of the Kazakh MFA reports.

The agenda of the consultations covered a wide range of topics, including political, trade, economic, and cultural cooperation between Kazakhstan and Belgium. The participants reaffirmed their commitment to deepening mutually beneficial cooperation across the entire spectrum of relations and expressed readiness to maintain an active dialogue for the implementation of joint economic projects.

Cooreman noted that "Belgium views Kazakhstan as a strategic partner in Central Asia, and we are pleased to expand our cooperation not only in the economic sphere but also in the fields of international security and sustainable development." He emphasized that the partnership between our countries plays a crucial role in strengthening ties between the EU and Central Asia.

In response, Roman Vassilenko stated that Kazakhstan highly values close interaction with Belgium as an important political and economic partner in the European Union. "Our countries have great potential for further deepening mutually beneficial cooperation in key sectors such as energy, transportation, and finance. We place particular emphasis on the development of green energy and digital innovations, and I am confident that our joint projects will make a significant contribution to a sustainable future," - the Kazakh diplomat highlighted.

The participants also supported the need to expand cultural and humanitarian ties, emphasizing the importance of active inter-parliamentary dialogue and exchange of experience between the legislative bodies of the two countries.

The parties also confirmed their readiness for close cooperation within multilateral frameworks such as the UN, the OSCE, and other international organizations. They discussed issues related to ensuring regional security and stability in Central Asia, as well as the need for joint efforts in combating climate change and addressing global challenges.

As a result of the meeting, the diplomats agreed to intensify the dialogue between the foreign ministries of Kazakhstan and Belgium and to continue working on the development of trade and economic partnership. High-level visits and intergovernmental meetings will continue to strengthen ties between the two countries.

For reference: The bilateral trade turnover between Kazakhstan and Belgium amounted to $523.7 million in 2023 (exports - $220.7 million, imports - $303 million), which is 1.7% higher than in 2022 ($514.9 million). For the first 8 months of 2024, the trade volume was $289 million (exports - $114.3 million, imports - $174.7 million).

Since 2005, the gross inflow of investments from Belgium to Kazakhstan has reached $12.5 billion. Currently, 76 companies with Belgian participation are operating in Kazakhstan.
 

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