Kazakhstan, Kyrgyzstan aim to increase trade turnover to $2 billion

Kazakhstan, Kyrgyzstan aim to increase trade turnover to $2 billion

Kazakhstan and Kyrgyzstan aim to boost their bilateral trade turnover to $2 billion. Kazakhstan is ready to expand its exports to the neighboring country across 195 commodity items by a total of $260 million. The food, industrial, petrochemical, construction, and pharmaceutical sectors have the greatest potential. The development of trade and economic cooperation, as well as collaboration in the spheres of education, culture, and tourism, were discussed during a meeting between Kazakh Prime Minister Olzhas Bektenov and Kyrgyz President Sadyr Japarov in Bishkek. Preparations for the upcoming visit of the Kyrgyz leader to Astana were also discussed at the governmental level. The parties expressed readiness to increase mutual agricultural supplies and launch joint projects. Bektenov emphasized the importance of approving the operation modes of interstate water management facilities for the 2024 growing season. During a meeting between the Prime Ministers of the two countries, the parties noted the positive dynamics of work to increase the capacity of the Kazakh-Kyrgyz border, as well as the attractiveness of transit for freight carriers.

“The heads of state pay special attention to developing and deepening the allied partnership between our countries. Our main goal is the practical and effective implementation of the tasks set at a high level. I am confident that this year, our cooperation will be marked by new positive results both in bilateral format and within integration associations. Overall, the Kazakh Government is ready to jointly participate in all initiatives that serve our common interests,” said Bektenov.