Kazakh Minister of Trade and Integration, Arman Shakkaliyev, presented Kazakhstan’s trade opportunities at the eighth Belt and Road Summit in Hong Kong on Sept. 13, reported the Prime Minister’s press service. Identifying China as Kazakhstan’s second-largest trading partner, Shakkaliyev cited a trade turnover of $24.2 billion for 2022. He expressed the intention to boost non-oil … Read more
Alikhan Smailov, Prime Minister of the Republic of Kazakhstan, and Lin Wu, Secretary of the Party Committee of Shandong Province of China, discussed the activation of cooperation in trade and economic and transport and logistics spheres, primeminister.kz reports. Head of the Government noted that today more than 6% of the total volume of trade between … Read more
The average annual growth of Kazakhstan’s economy in the next five years is projected at 5.8%, Minister of National Economy Alibek Kuantyrov said at an Aug. 29 government meeting dedicated to the forecast for the country’s socio-economic development, reported the Prime Minister’s press service. The forecast considered the expectations of international financial organizations regarding the … Read more
Kazakhstan is among top 3 foreign trade partners of Uzbekistan, following seven months of 2023, Kazinform correspondent reports. According to the Uzbek Statistics Agency, in January-July 2023, foreign trade turnover of Uzbekistan reached 34.9 billion US dollars and rose by 23.3% compared to the same period in 2022. China remains major trade partner of the … Read more
In January-June2023 the mutual trade of the Republic of Kazakhstan with EAEU countries amounted to13843.1million US dollars, which in nominal terms is 4.1% more than in January-June2022, Bureau of National Statistics reports. In January-June2023export of goods amounted to 5430.1million US dollars (increased on 36.8%), import – 8413million US dollars (decreased on 9.9%). In general volume … Read more
The Kostanai business community proposed to create an international logistics hub and build a dry port in the region to expand the country’s export potential during an Aug. 7 investment forum, reported Kazinform. According to Aidyn Alimov, director of the Tobol transport and logistics complex, this initiative could accelerate regional and border trade by consolidating … Read more
An electronic queue system, introduced at the Kazakh border checkpoints, is streamlining and ensuring transparency in the movement of goods and transports, said Yeldos Saudabayev, director of the control department of the State Revenue Committee, at a July 26 Central Communications Service briefing on the customs administration and modernization of checkpoints. According to Saudabayev, the … Read more
Kazakhstan shipped 8.3 million tons of cargo to China by rail in the first six months of 2023, 37% more than in the same period last year, according to the outcomes reported on July 21 by the Kazakhstan Temir Zholy (KTZ) national railway company. Kazakhstan has tripled grain exports to one million tons, metal ore … Read more
In January-May2023 the mutual trade of the Republic of Kazakhstan with EAEU countries amounted to11429.9million US dollars, which in nominal terms is 10.5% more than in January-May2022, Bureau of National Statistics reports. In January-May2023export of goods amounted to 4455.5million US dollars (increased on 45.3%), import – 6974.4 million US dollars (decreased on 4.2%). In general … Read more
At the Government session the results of social and economic development of the country and the execution of the republican budget for January-June this year were considered, primeminister.kz reports. Minister of National Economy Alibek Kuantyrov reported that at the end of the first half of the year the growth rate of Kazakhstan’s economy amounted to … Read more