Kazakh President discusses expanding economic cooperation with Japanese Foreign Minister
NUR-SULTAN – The economic dimension plays an important role in Kazakh-Japanese cooperation, President Kassym-Jomart Tokayev said during the meeting with Japanese Foreign Minister Yoshimasa Hayashi, who paid an official visit to Kazakhstan on April 29, Akorda reported.
The president said the 30th anniversary of the establishment of diplomatic relations between Kazakhstan and Japan was a historic milestone. The countries developed constructive cooperation and expanded their strategic partnership during this period.
The agenda of the meeting included prospects for the Kazakh-Japanese strategic partnership in the trade, economic, investment, cultural and humanitarian spheres and interaction within international structures.
Kazakhstan wishes to strengthen multifaceted economic ties with Japan. Countries benefit from fruitful cooperation within the UN. Trade and investment as well as cultural and humanitarian fields are also promising areas of cooperation.
Tokayev invited Japanese Prime Minister Fumio Kishida to visit Kazakhstan.
Japan is ready to expand its mutually beneficial partnership with Kazakhstan in trade, economy and investment, Minister Hayashi said. The representation of Japanese companies in Kazakhstan is the highest among Central Asian countries.
The Foreign Minister hailed Kazakhstan’s reforms and efforts to provide humanitarian support to the Afghan people.
On the same day, Yoshimasa Hayashi met Deputy Prime Minister – Minister of Foreign Affairs of the Republic of Kazakhstan Mukhtar Tileuberdi, reports FM Press Service. The parties discussed issues of bilateral political, trade, economic, cultural and humanitarian cooperation.
It was noted that Japan is one of the largest foreign investors in Kazakhstan’s economy with a total investment of over US$7.7 billion since 1993. The bilateral trade turnover between Kazakhstan and Japan in 2021 s amounted to 1.1 billion US dollars, 558 million US dollars of export and 559 million US dollars of import.
Following the meetings, the action plan for the years 2022-2023 between two foreign ministries was signed.