Kazakhstan and Lithuania: Strengthening of Bilateral Cooperation
With the support of the Embassy of the Republic of Kazakhstan in the Republic of Lithuania and JSC «NC «KAZAKH INVEST», a four-day visit of the management of «PKV Group» to Kazakhstan began.
«Group of companies PKV» is the leader in the provision of services for contract assembly of radio electronics.
Over 600 000 units of products have been manufactured at the company over the years of its operation. The company carries out contract assembly of liquid crystal televisions of well-known brands «Thomson», «Prestigio», «MI», «JVC», «BBK», «AKAI», «Doffler», and «BQ». The quality of products is based on years of experience of highly qualified staff.
Within the framework of the visit to Kazakhstan, the co-owners of the group of companies Azeevas Sergejus and Egidijus Gudkovas visited the Almaty and North Kazakhstan regions and the city of Almaty. In particular, meetings were held with the management of special economic zones «Park of Innovative Technologies», «ICPS Khorgos», and «Khorgos - Eastern Gate», as well as the Akimat of Almaty region, the national chamber of entrepreneurs «Atameken» and the company «Almaty Turmystyq Tehnika Zavody».
Special attention within the framework of the visit was paid to visit the production facilities of special economic zones «Park of Innovative Technologies», «ICPS Khorgos» and «Khorgos - Eastern Gate», and also Kirov Plant in Petropavlovsk and «Petropavlovsk Electrotechnical Plant» LLP to consider possible localization of PKV Group production.
The company's visit is proceeding with fruitful negotiations. The Kazakhstan party welcomes the presence of one of the leaders of radio-electronic product assembly in the market, and expressed readiness to provide maximum support for the promotion of the above products in the domestic market with an increase of export-oriented components in the CIS and non-CIS markets.
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The Republic of Lithuania remains one of the leading trade partners of Kazakhstan.
This year the Republic of Kazakhstan and the Republic of Lithuania celebrate 30 years of diplomatic relations.
For three decades of cooperation, the countries have established close ties across the whole range of bilateral cooperation, including political, trade, economic, cultural, and humanitarian spheres.
Lithuania was one of the first countries to ratify the Enhanced Partnership and Cooperation Agreement between Kazakhstan and the EU in 2016. Implementing the agreement contributes to expanding the horizons of political interaction and deepening economic ties between Kazakhstan and the EU member states, both bilaterally and at the regional and global levels.
The high level of political relations between Kazakhstan and Lithuania formed favorable conditions for the realization of the potential in the trade and economic sphere as well. Lithuania is among the ten major trade partners of Kazakhstan in the European Union and the thirty largest partners in the world.
In 2021, the volume of mutual trade amounted to $ 454 million, including export from Kazakhstan - $ 356.3 million, imports to the RK - $ 97.5 million.
The main export items in Kazakhstan are oil and oil products, and copper and copper alloys. The main import items are dairy products and cheese, poultry, and meat products.
Today, about 170 Lithuanian companies are represented in the Kazakhstan market. Kazakhstan is among Lithuania's twenty largest trade partners.
