Simplified customs corridor to be established between Turkic states

The transshipment of Kazakh goods across the Turkic countries border is set to be carried out under a simplified procedure. Similarly, shipments from those states will also be delivered to Kazakhstan more quickly. Delivery costs will decrease as well. This will be facilitated by introducing preliminary electronic data exchange regarding the transported goods and vehicles and applying risk management systems for cargo analysis. These and other measures are outlined in the agreement to establish a simplified customs corridor between the Organization of Turkic States (OTS) members. Today, members of the Kazakh Parliament ratified the document and sent it to President Kassym-Jomart Tokayev for signature. According to members of the Senate, the Upper House of Parliament, the document will boost the development of international trade relations.

«The ratification of the agreement will promote the advancement of trade and economic relations and enhance mutual economic integration among the OTS member states. The implementation of the law will have a positive socio-economic impact. In the first eight months of 2024, Kazakhstan’s foreign trade with the OTS countries reached US$10.4 billion, with exports accounting for 61 percent of this turnover,» said Senate Member Nurlan Bekenov.