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 Belarus ready to cooperate with Kazakhstan in production localization | Business news, Belarus | Belarus.by
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31 May 2024

Belarus ready to cooperate with Kazakhstan in production localization

Belarus ready to cooperate with Kazakhstan in production localization

MINSK, 31 May (BelTA) - Belarus is ready to actively cooperate with Kazakhstan in localization of agricultural machinery production, First Deputy Prime Minister Nikolai Snopkov said at the 18th meeting of the Belarus-Kazakhstan Intergovernmental Commission on Trade and Economic Cooperation, BelTA has learned.

“Kazakhstan is a strategic partner of Belarus in Central Asia. We have common approaches to solving many pressing problems of our time, as well as to the development approaches of our countries. The previous meeting of the intergovernmental commission was held in Astana in June 2022. Bilateral interaction has grown considerably since then. Our trade has been exceeding $1 billion over the past three years. Thus, during the post-pandemic period of 2021-2022 mutual trade has increased by more than 35%,” Nikolai Snopkov said.

In his words, the countries implemented a number of agreements and ideas that were discussed at the previous meeting. As a positive example, the first deputy prime minister mentioned the strengthening of industrial cooperation, including the full-cycle production of cabins for tractor equipment in the city of Kostanay.

“We are pleased with cooperation. In the future, we plan to create production of cabins for small tractors and a new assembly line. We will continue to work on localization of production of automotive and trailer equipment companies, as well as agricultural machinery and units. We approached today's meeting with a solid baggage of joint promising projects, including the production of more than 50 models of Belarusian machinery in demand in Kazakhstan. Thus, agreements have been reached on the production of Belarusian novelties in Kazakhstan, in particular, the GS400 combine harvester,” the first deputy prime minister said.

According to Nikolai Snopkov, Belarus is ready to actively cooperate with Kazakhstan on localization of agricultural machinery production. “We understand that only such an approach to work will help us gain a foothold in the friendly Kazakh market in the long term,” he added.

The existing joint production capacities let Kazakhstan produce some 10,000 tractors and 1,000 combines per year. Belarus counts on the development of this trend and notes the priority in industrial cooperation.

“We believe it is also important to give additional impetus to the development of cooperation in agriculture, light industry and the humanitarian sector. We should be friends with each other, because industrial relations are built on the basis of human relations. We want to intensify interregional ties, the potential of which, in our opinion, has not been fully utilized so far. We believe that there are all the necessary prerequisites and opportunities for a significant increase in the Belarusian-Kazakh trade and economic cooperation. That is why, when forming proposals on the draft agenda of our meeting, the emphasis was placed on saturating it with really urgent issues that require prompt decisions and are aimed at intensifying joint work in various sectors of mutual relations,” the first vice premier said.

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