TREND:Georgian investors have injected $88.5 million into Kazakhstan’s economy in the first quarter of 2024, marking a substantial contribution to the country’s development. This investment was highlighted during a high-level meeting between Kazakhstan’s Prime Minister Olzhas Bektenov and Georgia’s Minister of Economy and Sustainable Development Levan Davitashvili.

According to Trend News Agency, the meeting, which took place in Astana, focused on reinforcing bilateral ties and exploring new areas of cooperation. Over the past ten years, Georgian investment in Kazakhstan has exceeded $500 million. The discussions during the meeting covered several sectors including transport and logistics, agriculture, energy, tourism, aviation, and cultural and humanitarian ties.

Special attention was paid to the transit and transport sectors, recognizing both nations as vital components of significant transcontinental transport corridors that offer the shortest routes from Europe to China and Southeast Asia. Minister Davi
tashvili expressed Georgia’s enthusiasm for strengthening these strategic ties and highlighted the pivotal role of the Intergovernmental Commission in advancing bilateral relations.

The visit also coincided with Davitashvili’s participation in the 12th session of the Kazakhstan-Georgia Intergovernmental Commission on Trade and Economic Cooperation, emphasizing the ongoing commitment to deepening the partnership between the two countries.