Kazakhstan ready to expand exports to Uzbekistan by $500 million

Within the industrial cooperation, Kazakhstan and Uzbekistan are implementing 60 projects worth nearly $3 billion. Besides, the countries have 43 more promising ones. The Central Asia International Center for Industrial Cooperation plays an important role in further expanding bilateral trade potential. The countries are also set to enhance transit and transport potential in the region. Moreover, Kazakhstan is ready to expand export deliveries to Uzbekistan by $500 million across 255 items, which will increase trade. It is worth noting that bilateral trade turnover between Kazakhstan and Uzbekistan amounted to $4.5 billion last year. The governments of the two countries intend to continue working on the implementation of investment and industrial projects to further boost trade and strengthen cooperation in areas such as agriculture, water and energy, and transit and transport.

Web-editor: Aizhan