Kazakhstan-Uzbekistan trade turnover reaches almost $2.5bln in Jan-Jul 2023

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

Mutual trade of Kazakhstan with the countries of the EAEU increased by 4.1%

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

Kostanai Region Plans to Create International Logistics Hub

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

Digitalization, Modernization of Kazakh Border Checkpoints Increases Capacity

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

Mutual trade of Kazakhstan with the countries of the EAEU increased by 10.5%

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

Kazakhstan economy grows by 5% in first half of 2023

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

Kazakhstan Prioritizes Green Transition, Transport Connectivity in EU Cooperation

Kazakhstan is ready to use all opportunities for the development of trade, economic and investment cooperation with the European Union, particularly in green transition and strengthening transport connectivity, said Kazakh Prime Minister Alikhan Smailov at the 12th meeting of the Kazakhstan-EU dialogue platform on July 1, reported the Prime Minister’s press service. Expanding its partnership … Read more

Heads of Kazakhstan and Georgia Government discuss TITR development and increase of mutual trade

The Prime Minister of Kazakhstan Alikhan Smailov held negotiations with the Prime Minister of Georgia Irakli Garibashvili. The meetings in a narrow and extended format were held in Tbilisi as part of an official visit of the Head of Government of Kazakhstan, primeminister.kz reports. Alikhan Smailov noted that Kazakhstan and Georgia have long-standing ties of … Read more

Kazakhstan moderates WTO dedicated session on transit

Permanent Representative of the Republic of Kazakhstan to the World Trade Organization and International Economic Organizations Zhanar Aitzhan moderated the WTO dedicated session on transit for landlocked developing countries “Overcoming problems in trade and transit operations,” press service of the Kazakh MFA reports. The purpose of this workshop is an in-depth study of best practices, … Read more