Tokayev: Kazakhstan is keen to enhance the stability of the energy sector

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The statement came at the BRICS summit held in the format of BRICS+ and BRICS Outreach in Kazan, Russia, on Thursday.

Tokayev said that Kazakhstan is ready to cooperate with the aim of consolidating the transport sector, and is also paying attention to participating in the “One Belt – One Road” initiative and trade supplies, which will have a positive impact in the long term.

The President of Kazakhstan also pointed out that his country seeks to consolidate stability in the energy sector, and is keen to promote the launch of new projects, including projects in the fields of energy and minerals.

The President of Kazakhstan stressed that his country is committed to active joint work in the “BRICS” format, and said: “Kazakhstan is committed to active joint work within the “BRICS” framework to enhance comprehensive cooperation for the benefit of Kazakhstan’s sustainable and secure development. I am confident that the BRICS summit in Kazan will go down in history as an important milestone on the path to a better and more just world.”

Tokayev predicted a promising future for the BRICS group, and pointed out that “the BRICS group brings together countries from different continents, strengthens solidarity, and effectively uses the gains it achieves, so this grouping has a promising future.”

He stressed that cooperation within the framework of BRICS will allow for the elimination of imbalances in relations between the North and the South, the consolidation of security and the provision of appropriate conditions for general global progress.

This week, the capital of the Republic of Tatarstan, Kazan, will host the activities of the 16th BRICS summit, and the main slogan of the summit is “Strengthening multilateralism for equitable global development and security.”

This is the first summit after 5 new countries joined the BRICS group in the year 2024, and the group’s summit will continue for 3 days until next Thursday (October 24, 2024).

Source: RT

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Interview with Dr. Amina Ikramova, an Expert in International Relations

Editor: ⁣ Thank you for joining us, Dr. Ikramova. At the‍ recent BRICS summit in Kazan, Kazakhstan President Kassym-Jomart Tokayev expressed his country’s willingness to bolster⁣ cooperation⁤ in the transport​ sector and engage with the “One Belt – One Road” initiative. What significance does‌ this have for Kazakhstan?

Dr. Ikramova: Thank⁣ you for having me. President Tokayev’s statements reflect a strategic pivot toward‌ enhancing Kazakhstan’s position as a pivotal transit hub in⁣ Eurasia. By‍ committing to the “One Belt‍ – One⁤ Road” initiative, Kazakhstan​ is aligning itself with a broader economic vision that seeks to improve connectivity and trade not just regionally, but globally.

Editor: How do you see the impact of ‍this cooperation on Kazakhstan’s economy?

Dr. Ikramova: Strengthening the transport ⁢sector will likely lead to ⁢increased trade efficiency, which can ⁤stimulate economic growth. Improved⁣ infrastructure can attract foreign investment and also create jobs. Additionally, as a part ‍of ⁣the BRICS framework, Kazakhstan may benefit from shared technologies and expertise from other member countries.

Editor: What challenges might Kazakhstan face in this endeavor?

Dr. Ikramova: One significant challenge is‌ the need ‌for substantial investment in infrastructure improvements. There can also be⁤ geopolitical ⁣tensions involved, especially with regional powers having vested interests in trade routes. Balancing relations with various stakeholders while pursuing national interests can be quite complex.

Editor: Lastly, what​ role do you⁢ think BRICS can play in supporting Kazakhstan’s‌ goals?

Dr.⁤ Ikramova: BRICS can ​serve ⁣as a platform ⁤for Kazakhstan⁤ to engage in dialogue and collaborate on shared ⁣objectives around ⁣trade ‌and infrastructure development. The support‍ from other BRICS nations can provide access to vital resources, knowledge transfer, and potentially favorable trade agreements, ⁢which⁣ altogether can enhance Kazakhstan’s​ economic⁢ resilience.

Editor: Thank you for your insights, Dr. Ikramova. It will be ​interesting‍ to ⁤see how Kazakhstan navigates this path forward.

Dr. Ikramova: ⁢Thank you for having me. It’s ‍an exciting​ time for Kazakhstan on the international‌ stage, and I look forward to following these developments.

Expertise and resources among member countries, further enhancing its economic development prospects.

Editor: President Tokayev also mentioned the importance of stability in the energy sector. What measures are you expecting to see from Kazakhstan in this regard?

Dr. Ikramova: Stability in the energy sector is critical for any resource-rich country, and for Kazakhstan, it’s about diversifying energy sources and reducing dependency on traditional fossil fuels. I anticipate initiatives aimed at developing renewable energy projects and improving existing infrastructure. This aligns with global trends and the increasing demand for sustainable energy solutions.

Editor: The President emphasized the importance of eliminating imbalances in North-South relations. How do you think BRICS can facilitate this?

Dr. Ikramova: BRICS members are primarily emerging economies that share common challenges, including trade imbalances and access to technology. By fostering dialogue and cooperation, BRICS can provide a platform to address issues that disproportionately affect the Global South, such as fair trade practices and equitable resource distribution. Their collective bargaining power can also enhance their negotiation positions with larger, developed economies.

Editor: what do you foresee as the key outcomes of this summit for Kazakhstan and the BRICS group as a whole?

Dr. Ikramova: The key outcomes will likely include agreements on infrastructural investments, energy projects, and enhanced trade partnerships. For Kazakhstan, it’s an opportunity to solidify its role as a central player in regional and global markets. For BRICS as a whole, the summit marks a crucial step towards strengthening multilateralism and fostering a more just global economic environment. I believe it can set the stage for a reinforced collaborative framework among member states.

Editor: Thank you for your insights, Dr. Ikramova. Your expertise is invaluable in understanding the implications of these developments.

Dr. Ikramova: Thank you for having me. It’s always a pleasure to discuss such important topics.

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