Kazakhstan and Russia intend to increase mutual trade
turnover to $30 billion, with all necessary opportunities in place to achieve
this goal. Last year, trade between the two countries reached around $28
billion, and in the first five months of 2025, it exceeded $9.5 billion. This
was announced during a meeting in Astana between Kazakh Prime Minister Olzhas
Bektenov and Russian Prime Minister Mikhail Mishustin. The two sides discussed
the implementation of previously reached high-level agreements, as well as the
development of trade, economic, and investment cooperation. They emphasized
that relations between the two countries are built on strategic partnership and
allied principles. Special attention was given to preparations for the 21st
Forum of Interregional Cooperation between Kazakhstan and Russia, scheduled to
take place this autumn in Oral. Following the meeting, both parties reaffirmed
their readiness to further deepen mutually beneficial economic cooperation across
all priority areas.
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