Akorda reports that the President of Kazakhstan Kasym-Zhomart Tokayev held talks with President of the Republic of Korea Moon Jae-in in an expanded format.

During the negotiations Tokayev noted that today Kazakhstan and the Republic of Korea are reliable and strategic partners.

Kasym-Zhomart Tokayev stressed that South Korea is one of the ten priority countries for Kazakhstan in terms of development of trade,investment and technological cooperation. It is gratifying to note the steady growth in the volume of mutual trade. At the end of last year, it reached a record of $ 4 billion, more than twice the volume of 2017. “Our cooperation in the field of investments is steadily developing. Thus, only the inflow of direct investment from Korea to Kazakhstan amounted to about $ 7 billion. South Korean business is successfully working in the food, mining and processing, automotive and other sectors of our economy” : said the President of Kazakhstan.

The presidents noted that, the Forum "Central Asia – Republic of Korea", as a regular multilateral consultative dialogue, has successfully developed and contributed to the strengthening of mutual trust and exchanges between Korea and the countries of Central Asia since the beginning of its work in 2007. The presidents also agreed to make joint efforts for the development of the Forum. The parties welcomed the holding of the XII Forum "Central Asia-Republic of Korea" at the level of foreign Ministers in Nur Sultan in October 2019. The parties noted that the Secretariat of the forum "Central Asia – Republic of Korea", which was officially launched in 2017, promotes bilateral and multilateral cooperation projects between Korea and Central Asian countries.

President Moon Jae-In expressed his gratitude to the government and people of Kazakhstan for the warm welcome and invited President Tokayev to visit Korea at a convenient time for both sides.President Tokayev accepted the invitation with gratitude.

https://zonakz.net/2019/04/22/prezidenty-kazaxstana-i-yuzhnoj-korei-proveli-peregovory-v-akorde/