Kazakhstan increased trade in EAEU by three quarters

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The member countries of the economic union maintain macroeconomic stability, President of Kazakhstan Kassym-Jomart Tokayev noted at a meeting of the Supreme Eurasian Economic Council in Moscow, Zakon.kz reports.

He also said that geopolitical upheavals have a significant impact on the economic situation around the world, the press service of the President of Kazakhstan reports.

"This year, international financial institutions on average almost halved their growth forecasts for the global economy. However, despite the pressure of external factors, our cooperation within the Eurasian Economic Union shows a positive trend.

The participating countries maintain macroeconomic stability, increase economic growth and For my part, I would like to note that over the years of the EAEU’s activity, Kazakhstan’s trade turnover with other member countries has grown by 74%, while exports have grown by 98%. We consider this to be a good indicator,” Tokayev said.

CentralasianLIGHT.org

May 25, 2023