Economic cooperation

The in-depth development of the Kazakh-Polish economic cooperation is conducted on an ongoing basis. The central event in 2018 became the eighth session of the Kazakh-Polish Intergovernmental Commission (IGC) on Economic Cooperation, which was held on June 20 in Astana.

Cooperation in the field of transport and transit. On April 10-13, 2018, a delegation of the Ministry of Investment and Development of the Republic of Kazakhstan headed by the Chairman of the Transport Committee A.Asavbaev visited Warsaw. The aim was to study the Polish experience in the field of road freight transport and control over them. At the eighth meeting of the IGC on Economic Cooperation on June 20, 2018 in Astana, the Road Declaration on cooperation in the field of transport for the current year was signed between the Ministry for Investment and Development of the Republic of Kazakhstan and the Ministry of Infrastructure of Poland.

“EXPO 2017" and the development of cooperation in the field of tourism. The priority direction of the Embassy's work was to assist in the organization of high-level Polish participation at “EXPO-2017" in Astana. Following the results of the international exhibition, the Polish pavilion, belonging to the category of up to 400 square meters, was awarded a gold medal for the best architecture and design. Poland was ranked 7th in terms of the number of foreign tourists visiting “EXPO 2017" (2nd place after Germany among the EU countries). The total number of Polish citizens who visited the international exhibition in Astana was 16,531 people.

By initiative of the Embassy of the Republic of Kazakhstan in Warsaw, was published and distributed in Polish the tourist almanac “Kazakhstan - the Gate of Asia", which contains information about the cultural and historical attractions of our country.

The disclosure of the tourist potential of the Republic of Kazakhstan was facilitated by the opening on May 29, 2017 of direct flights between Astana and Warsaw. This gave a powerful incentive to increase the attendance of Kazakhstan by the Poles together with the release of Polish tourists from visa requirements up to 30 days (from January 1, 2017).

Polish business missions in Kazakhstan. Due to established contacts with Polish state authorities, wide participation of the Polish side was ensured at the venues of the XI Astana Economic Forum (May 17-19, 2018), the XXV World Mining Congress (June 19-22, 2018, Astana), as well as regional investment forums in the Republic of Kazakhstan.

Other important economic visits of the Polish delegations to Kazakhstan in 2018 are as follows:

- On April 3-6, 2018, the official delegation of the Lublin Voivodeship headed by Marshal (Mayor) S. Sosnovsky visited the Almaty region;

- On June 19, 2018 (on the eve of the 8th meeting of the Kazakh-Polish IGC on Economic Cooperation), a representative delegation of Polish entrepreneurs took part in a business forum in Astana.

Trade turnover between Kazakhstan and Poland. According to the Ministry of Entrepreneurship and Technology of Poland, bilateral trade in 2017 amounted to 1 billion and 242.7 million euros, which is 62.7% more than in 2016, including imports from Kazakhstan - 816.2 million euros (an increase of 59.5%), exports to Kazakhstan - 426.5 million euros (an increase of 53.6%).

Mutual trade turnover in 2018 amounted to 2 billion and 248,6 million euros (an increase of 81% compared with the same period last year), including Kazakhstan's exports - 1 billion and 807,4 million euros, imports to Kazakhstan - 441,2 million euros. A significant increase in exports from Kazakhstan is due to rising energy prices.

According to Polish data, positive dynamics of mutual trade contributed to three main factors:

- intensive political dialogue at the highest level, which formed an exceptional favorable political climate for trade and economic cooperation between the two countries;

- stabilization of the situation in the commodity markets;

- progressive removal by the parties of system barriers (opening a direct flight, introducing a visa-free regime for Polish citizens, simplifying customs procedures, expanding the range of insurance tools, providing access to financing, etc.).

The structure of bilateral trade is as follows:

- dominant positions in Polish exports to Kazakhstan are occupied by machines and mechanical devices; fresh fruits; electrical appliances; pharmaceutical products; perfumery, cosmetic accessories; varnishes and paints; dairy products;

- The leading nomenclature in Polish imports from Kazakhstan is made up of mineral fuels, mineral oils and their distillation products, bituminous substances, mineral waxes, inorganic chemicals, organic or inorganic compounds of precious metals, rare earth metals, radioactive elements and isotopes, oil seeds, grain and various fruits, medicinal plants, feed, fish, cereals.

In order to assist in the promotion of Kazakhstani goods and services to the Polish market, the Embassy of the Republic of Kazakhstan in Warsaw issued and distributed among potential partners a guide in the Polish language with information on current export products of the Republic of Kazakhstan.

Mutual direct investment. In accordance with the instructions of the President of the country, the main attention is focused on the promotion of projects in the field of agro-industrial complex, transport-transit cooperation and digitalization. From 2005 to 2017, the gross inflow of direct investment from Poland to Kazakhstan exceeded $ 200 million (the main investors are Polfarma and Selena). At the same period, Kazakhstan's investments in the economy of Poland amounted to over $ 25.5 million.

Created at : 6.11.2016, 18:50, Updated at : 7.02.2019, 16:00