President Kassym-Jomart Tokayev and President of Bulgaria Rumen Radev continued negotiations with the participation of delegations from both countries.
As emphasized by the Kazakh President, Rumen Radev’s visit with a high-level delegation opens new prospects for strengthening bilateral cooperation. The President of Kazakhstan noted the steady growth in trade turnover and the potential for its further expansion. According to statistics, mutual trade exceeded $83 million in the first four months of this year, while in 2024, this figure quadrupled, reaching $375 million.
– Kazakhstan is eager to further diversify bilateral economic cooperation and promote joint investment projects in the sphere of energy, green transition, agriculture, healthcare, and tourism, – said Kassym-Jomart Tokayev.
The President expressed support for cooperation with Bulgarian companies and investors, emphasizing that the Intergovernmental Commission on Trade and Economic Cooperation should play a key role in ensuring the success of these activities.
In turn, the President of Bulgaria expressed gratitude for the warm reception and underscored that his country highly values the opportunity to deepen its partnership with Kazakhstan, opening new horizons for multifaceted cooperation.
– Bulgaria regards Kazakhstan as a key strategic partner in the region of Central Asia. I firmly believe that connectivity is the key to success. In terms of our bilateral relations and the relationship between the European Union and Kazakhstan, based on the strategy for their further development, we must fully leverage the strategic locations of our two countries, which serve as vital links for connectivity between Asia and Europe, – said Rumen Radev.
During the negotiations, a wide range of bilateral agenda issues was discussed. Both sides confirmed their mutual interest in further strengthening the partnership and implementing new initiatives to foster the development of Kazakh-Bulgarian relations.
At the conclusion of the talks, President Kassym-Jomart Tokayev and President Rumen Radev participated in a ceremony for the exchange of signed bilateral documents:
- Memorandum of Understanding between the Ministry of Transport of the Republic of Kazakhstan and the Ministry of Transport and Communications of the Republic of Bulgaria on the development of the Trans-Caspian International Transport Route;
- Memorandum of Understanding between the city of Astana and the city of Sofia;
- Memorandum on the establishment of sister-city relations between the city of Shymkent and the city of Plovdiv;
- Memorandum of Understanding between the Academy of Public Administration under the President of the Republic of Kazakhstan and the Diplomatic Institute of the Ministry of Foreign Affairs of the Republic of Bulgaria;
- Memorandum of Understanding between the Foreign Trade Chamber of Kazakhstan LLP and the Bulgarian Chamber of Commerce and Industry.
