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Tokayev suggests speeding up CIS trade and economic coop

15 October 2021 16:01
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Tokayev suggests speeding up CIS trade and economic coop

NUR-SULTAN. KAZINFORM Kazakh President Kassym-Jomart Tokayev proposed CIS member nations to speed up trade and economic cooperation, Kazinform reports.

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«The priority task is to accelerate and bolster trade and economic cooperation. According to some influential international organizations, the intra-regional sales of CIS member states reached over USD 91 bln or just 0.5% of the global trade. Thereat, the share of mutual trade between CIS countries accounts for just 20% of total commodity turnover of CIS countries and the foreign states,» Kassym-Jomart Tokayev said addressing the Council of Heads of State of the Commonwealth of Independent States (CIS).

According to the President, those indicators show that there is a huge potential for boosting trade and economic ties.

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Zhanna Nurmaganbetova

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