Kazakhstan's economy suffering from situation in Ukraine - MFA
By Trend
The economy of Kazakhstan is suffering from the situation in Ukraine, Deputy Minister of Foreign Affairs of Kazakhstan Roman Vassilenko told in an interview with "Diário de Notícias" Portuguese newspaper, Trend reports.
According to him, in terms of economic impact, Kazakhstan's economy is suffering as it's heavily connected to the Russian economy.
"Kazakhstan is a part of the Eurasian Economic Union (EAEU), created in Astana in 2014 when the agreement was signed. The country also has about 9,000 Russian companies or mixed companies with Russian capital in Kazakhstan. If we compare this with 6,000 European companies that are present in the country, then the large presence of Russia becomes apparent," Vassilenko said.
Therefore, he noted, if the Russian economy is experiencing difficulties, the economy of Kazakhstan will also feel their impact.
—-
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!