Kazakhstan, Kyrgyz Republic expand allied relations

Kazakhstan, Kyrgyz Republic expand allied relations

Kazakhstan has ratified a treaty on deepening and expanding allied relations with the Kyrgyz Republic. The Senate, an upper house of the Kazakh Parliament, approved the corresponding law. The agreement covers a wide range of cooperation - from trade and economic ties to transport, transit, and water-energy sectors. Kazakhstan is currently among top three trading partners of the Kyrgyz Republic. In recent years, bilateral trade has consistently exceeded $1.5 billion, with a goal to raise this figure to $3 billion under high-level agreements. Kazakh businesses have invested over $1.3 billion in the Kyrgyz economy. Both countries generally support further development and strengthening of interparliamentary ties, including within the Interparliamentary Cooperation Council. Attention has also been given to cultural relations - Kazakh-Kyrgyz film days and a youth forum are planned for this year.

«The agreement, consisting of 22 articles, provides for the development of allied relations based on comprehensive cooperation between the two countries in political, economic, social, and cultural-humanitarian spheres, as well as bilateral cooperation in regional security,» said Senate Member Darkhan Kydyrali.