Trade turnover between Kazakhstan and Hungary quantities to $84.9 mln in 9 months

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NUR-SULTAN, Kazakhstan – Kazakhstan’s Ecology, Geology and Natural Resources Minister Magzum Mirzagaliyev, throughout a gathering with Hungary’s Ambassador Mihai Galoshfai known as on Hungarian firms to implement joint tasks within the subject of geological exploration, the press-service of ecology ministry informs stated on November 30.
“We have an interest in strengthening the Kazakh-Hungarian cooperation in the field of geology. Today favorable operating conditions have been created, in comparison with other major mining jurisdictions, for the effective conduct of geological exploration work related to assessing the prospects of territories for many types of mineral raw materials in Kazakhstan,” Mirzagaliyev stated.
In addition, the minister introduced that this yr a draft State Exploration Program for the interval 2021-2025 has been developed, which can be open to all buyers wishing to take a position their funds in any respect levels of geological exploration, from regional analysis to acquiring the fitting to subsurface use.
At the identical time, in mid-2021, it’s deliberate to launch the knowledge system National Bank of Mineral Resources, one of many duties of which is to introduce the precept of a “single window” for buyers and working subsoil customers by simplifying entry to subsoil use processes. The system will permit amassing in a single database geological studies, balances of mineral reserves, certificates of deposits, knowledge on the research of the territory, and different geological data.
Mirzagaliyev sand Galoshfai additionally mentioned problems with present cooperation between the nations within the subject of water assets administration. A Memorandum of Understanding on cooperation within the subject of water assets administration was signed between Kazakhstan and Hungary, throughout the implementation of which an settlement was reached on the creation of a Joint Expert Group.
“Despite the pandemic, our countries need to further develop cooperation in this direction and create a Joint Expert Group in the near future. In addition, I express my gratitude for the assistance of Hungary in the framework of Kazakhstan’s chairmanship of the Convention on the Protection and Use of Transboundary Watercourses and International Lakes, as well as for the expert support provided in the work with the projects “Sustainable distribution of water resources in a transboundary context” and “Ecological runoff – the basis for conservation ecological system,” Kazakhstan’s Ecology Minister stated.
During the assembly, Mirzagaliyev additionally known as on Hungarian firms to participate within the implementation of tasks to unravel issues associated to atmospheric air air pollution within the Aktobe area, in addition to topical problems with Lake Balkhash in Karaganda area (middle of Kazakhstan) and in Mangystau area (West Kazakhstan).
Despite the present scenario with the pandemic on this planet, the Kazakh-Hungarian commerce and financial relations are characterised by steady development. Trade turnover between the 2 nations in January-September 2020 amounted to $ 84.9 million, which is 12.2% larger than in the identical interval.