Kazakh PM praises Georgia’s expanding regional transport hub role, highlights investment ties

“Kazakhstan views Georgia as a reliable friend and a key strategic partner in the South Caucasus,” the Prime Minister of the Republic of Kazakhstan, Olzhas Bektenov, stated during his meeting with the Prime Minister of Georgia, Irakli Kobakhidze.

According to Olzhas Bektenov, Kazakhstan highly praises Georgia’s expanding role as a regional transport and logistics hub connecting Central Asia, the South Caucasus, the Black Sea region, and Europe.

“Mr Prime Minister, your official visit is a testament to the dynamic development of relations between Kazakhstan and Georgia and once again underscores the high level of political dialogue, mutual trust and strong partnership between our countries.

Yesterday, you held productive talks with President Kassym-Jomart Tokayev. Allow me to take this opportunity to warmly congratulate you on receiving one of Kazakhstan’s highest state awards, the Order of Dostyk. Kazakhstan regards Georgia as a trusted friend and an important strategic partner in the South Caucasus. We also highly appreciate Georgia’s growing role as a regional transport and logistics hub connecting Central Asia, the South Caucasus, the Black Sea region and Europe.

Trade and investment cooperation remain among the highest priorities on our bilateral agenda. During the first four months of this year, bilateral trade reached USD 53 million, clearly demonstrating the significant potential of our economic partnership.

Over the past two decades, Kazakhstan’s investments in Georgia have exceeded USD 570 million. Today, over 600 companies with Georgian participation operate in Kazakhstan, providing a solid foundation for further expanding business-to-business cooperation.

To enhance investment activity, we suggest that the Intergovernmental Commission formulate specific proposals to launch new joint projects and expand industrial cooperation. Particular attention could be given to food processing, petrochemicals, transport services, manufacturing, construction materials and logistics.

The Government of Kazakhstan stands ready to further deepen dialogue and practical cooperation with the Government of Georgia,” stated Olzhas Bektenov.