You're reading: Kazakhstan draws up plan to increase goods turnover with Ukraine

ASTANA - A plan to increase Kazakh-Ukrainian goods turnover for 2015-2016 will be drawn up in the near term, First Deputy Prime Minister of Kazakhstan Bakytzhan Sagintayev has said.

“Despite the decline in goods turnover and investment activity, the potential of Kazakh-Ukrainian relations has been realized not in full,” he said on Friday at the Kazakh-Ukrainian business forum in Astana.

“We highly appreciate our mood for constructive cooperation irrespective of the political and economic situation. We’ve drawn up a plan to increase goods turnover for 2015-2016 to support the upward pace of mutual trade. Now our relevant ministries are working on the plan. I think that in the near term we will finish it and start working on the implementation of the plan,” he said.

The plan foresees the organization and holding of fairs, exhibitions, provision of help in exchange of trade delegations, search for business partners and other things, he added.

Sagintayev said that the most promising areas for Kazakh-Ukrainian cooperation are mining and metal sector, transit potential, agriculture, oil and gas, oil service, engineering, production of construction materials and IT.

“We’re interested in continuing cooperation with Ukrainian companies and we’re open for establishing new contacts with Ukrainian business circles… Kazakhstan is ready to realize projects in the transport and logistics sector, uranium industry, and study the opportunities of participating in the privatization of energy facilities and ports of Ukraine,” he said.

He said that over 400 companies with the participation of Ukrainian capital are working in Kazakhstan.