Kazakhstan’s Ambassador Amangeldy Sainov meets ARICE President Daniel Constantin to discuss expanding bilateral trade, investment opportunities and the next session of the intergovernmental commission.
The Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to Romania, Amangeldy Sainov, held a meeting with Daniel Constantin, President of the Romanian Agency for Investments and Foreign Trade (ARICE), to discuss the current state of bilateral economic relations and opportunities to strengthen trade and investment cooperation between the two countries.
The discussions focused on the development of Kazakhstan–Romania economic ties, the expansion of bilateral trade and the identification of new avenues for mutually beneficial cooperation.
Particular attention was given to bilateral trade dynamics, the structure of trade exchanges and opportunities to increase their volume. Both sides acknowledged the considerable potential for diversifying the range of goods traded between the two countries and developing new joint projects.
As part of efforts to strengthen investment cooperation, the Kazakh side proposed that Romania consider concluding a Memorandum of Understanding between ARICE and the relevant public authority in Kazakhstan. The proposed document would provide a framework for more systematic cooperation in investment promotion, information exchange and the facilitation of business contacts.
The meeting also addressed practical ways to translate the countries’ economic potential into concrete business partnerships. The Romanian side expressed its readiness to provide a list of Romanian companies interested in establishing partnerships with Kazakh businesses and exploring opportunities in the Kazakh market.
Another key topic was the next session of the Intergovernmental Commission for Trade, Economic, Scientific and Technical Cooperation between Kazakhstan and Romania.
The two sides agreed to make joint efforts to organise the commission’s next session in Astana later this year, following the appointment of the Romanian co-chair.
The commission is expected to provide a further platform for discussing bilateral economic priorities, identifying areas for cooperation and advancing practical initiatives involving public authorities and the business communities of both countries.
At the conclusion of the meeting, both sides reaffirmed their interest in maintaining constructive dialogue and intensifying practical cooperation in trade, economic development and investment.
The meeting reflects the shared interest of Kazakhstan and Romania in expanding bilateral economic relations, diversifying trade and creating new opportunities for businesses in both markets.
Source: Embassy of the Republic of Kazakhstan in Romania, official announcement.
