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Prime Minister Askar Mamin took part in the meeting of the Council of Heads of Government (CST) of the Commonwealth of Independent States (CIS) in the video conference mode, Tengrinews.kz reports with reference to Primeminister.kz.

In his speech, the head of government noted the consistent recovery of the national economies of the CIS countries and the transition from an anti-crisis to a post-pandemic development agenda. So, according to the latest forecasts of the IMF, all CIS economies will reach pre-pandemic production volumes in 2021-2022.

As an example of the increasing dynamics in the volume of foreign trade in the Commonwealth space, Askar Mamin cited a 27 percent increase in Kazakhstan’s trade turnover within the CIS in January-August 2021 to $ 20 billion.

The Prime Minister emphasized the need to increase the pace of realizing the potential of industrial integration of the economies of the CIS countries, as well as the introduction by the commonwealth states of a green economy model in order to ensure sustainable growth.