In 2023, the trade turnover
between Kazakhstan and Armenia grew by more than 23 percent within a year and
reached $53 million. Nevertheless, the potential for economic cooperation is
much higher, experts note. The two countries are set to actively enhance the partnership,
with a focus on developing transport and logistics connections. To date,
several hundred companies with the Armenian capital operate in Kazakhstan,
while over 100 enterprises with Kazakh participation work in Armenia.
