Sidorsky, Masimov discuss Belarus-Kazakhstan cooperation

Prime Minister of Belarus Sergei Sidorsky and Prime Minister of Kazakhstan Karim Masimov discussed the urgent issues of bilateral cooperation and the interaction in the EurAsEC and the CIS, BelTA reported.

Kazakhstan is one of Belarus' major trading and economic partners ranking third, after Russia and Ukraine, in Belarus' trade with the CIS member states.

In 2008, Belarus-Kazakhstan trade exceeded $500 million, up 4.7% from a year earlier. Exports reached $365.2 million, up 1.1%. Belarus had a trade surplus of $193.4 million.

In January-March 2009, the trade was down 27.2% to $75.9 million. Exports shrank by 13.1% to $58.7 million, imports by 53.1% to $17.3 million.

Belarus is interested in building up bilateral trade, deepening other forms of economic interaction including inter-industrial cooperation and setting up joint facilities. The potential of investment cooperation has not been used to the full. Belarus is also interested in involving Kazakhstan capital in the projects implemented in Belarus.



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