ASTANA, Kazakhstan, December 11. The Ministry
of Ecology and Natural Resources of Kazakhstan and China Forestry
Carbon Ecological Technology Co., Ltd. have signed a cooperation
settlement, Trend
reviews.
The settlement requires investments, the trade of expertise,
and the trade of scientific and technical info as a part of
a collaborative endeavor to realize carbon neutrality and develop
Kazakhstan’s carbon sink belongings.
The work is being carried out with assistance from Kazakh Invest JSC
(Kazakhstan’s nationwide enterprise) as a part of the implementation of
Kazakhstan’s Strategy for Achieving Carbon Neutrality till
2060.
China Forestry Group Co., Ltd. is the one central enterprise in
China’s forestry business overseen by the State Council’s State
Owned Assets Supervision and Administration Commission. It
at the moment operates 224 companies internationally and is the
driving pressure behind China’s ecological civilization development
and forestry modernization.
In 2022, Kazakhstan’s commerce turnover with China amounted to
$24.1 billion, which is 34.1 p.c greater than a yr earlier.
Exports from Kazakhstan elevated over the yr by 34.7 p.c,
to $13.2 billion. The share of Kazakhstan’s exports to China
accounted for a major 15.6 p.c of the nation’s whole
commerce turnover.
Imports from China to Kazakhstan grew by 33.5 p.c over the
yr, to $11 billion. China’s share within the construction of imports
from the Republic of Kazakhstan amounted to 21.9 p.c.