All news
Updated at: 

Russia-Kazakhstan relations are developing favorably in all areas, Putin says

The Russian leader emphasized that trust-based strategic partnership with Kazakhstan was to be developed even more after the meeting of two presidents

SOCHI, August 19. /TASS/. Relations between Russia and Kazakhstan are developing in a positive way in all areas, Russian President Vladimir Putin said at a meeting with his Kazakhstani counterpart Kassym-Jomart Tokayev on Friday.

The Russian president recalled that in October the two countries would mark the 30th anniversary of the establishment of diplomatic relations.

"The work is going ahead quite actively, in a positive way in all areas. And our meeting is giving additional impetus to the development of our trust-based strategic partnership," Putin said.

According to the Russian leader, trade between the two countries is growing, as it surged by 34.4% in 2021, and increased by almost 9% in January-May 2022.

"Investments from both sides are growing. I believe that Russian [investments] have reached $17 billion and those of Kazakhstan to Russia are more than $4 [billion], approximately $4.5 billion," the president added.

Putin pointed out that Russia is Kazakhstan’s largest trade and economic partner.

"We have our major good projects developing, work in high-tech sectors, including in space," Putin said.