China intends to increase imports of Kazakh agricultural products

This was stated by Ambassador Extraordinary and Plenipotentiary of the PRC in Kazakhstan Zhang Xiao. Key issues of cooperation between Kazakhstan and China were discussed at the meeting of Prime Minister Alikhan Smailov and Zhang Xiao, World of NAN reports with reference to the press service of the Cabinet.

The parties discussed a wide range of issues of interstate cooperation in trade, investment attraction, industry, energy, agriculture, transport and logistics, digital technologies, use of transboundary rivers, etc.

Prime Minister stressed that China is one of the largest trading partners of Kazakhstan, accounting for 18% of total trade turnover. China is also one of the top five countries-investors in the economy of the republic.

At the same time, Alikhan Smailov expressed readiness of the government to work actively on achievement of the goal on increase of mutual trade up to $35 billion by 2030 set by the leaders of the two states.

"Our countries have significant potential in the supply of agricultural products. Kazakh enterprises would like to further increase exports of food products to China. In this regard, further removal of trade barriers and restrictions is of great importance," the Prime Minister said.

In turn, Zhang Xiao expressed the interest of the Chinese side in importing agricultural products from Kazakhstan, increasing the volume of rail transport, strengthening inter-regional cooperation and partnership in the IT-sector.

According to him, Kazakhstani companies are now being actively assisted in entering major Chinese trading platforms and the PRC market as a whole.

"We believe that there is great potential to bring our economic relations to a qualitatively new level. We need to set new, more ambitious goals," Zhang Xiao said.

During the meeting, the two sides discussed the resumption of operation of the Khorgos international crossing point, the opening of the third railway crossing at the Bakhty-Pokitu road crossing, development of the Trans-Caspian international transport route, construction of major highways and creation of new production facilities in the mechanical engineering industry.

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