A regular trade and economic mission of Kazakhstan’s commodity producers has started its work in the capital of Azerbaijan A regular trade and economic mission of Kazakhstan’s commodity producers has started its work in the capital of Azerbaijan. The mission is called to boost business contacts between the two countries, Kazinform reports. The event is … Read more
Kazakhstan increased its export supplies to nearly $84.4 billion in 2022, turning the global geopolitical crisis into an advantage, according to a March 27 review published on ranking.kz analytical website. Last year, Kazakhstan had a record-high foreign trade turnover of $134.4 billion. Exports, in monetary terms, increased by 40 percent for the first time since … Read more
QazTrade trade policy development centre and UzTrade JSC founded the UzQazTrade foreign trade company to boost mutual turnover between Kazakhstan and Uzbekistan, Kazinform quotes the Kazakh Trade Ministry. According to QazTrade director general Nuraly Bukeikhanov, the development of a joint company will let Kazakhstani companies increase amount of deliveries of goods to both markets, contribute … Read more
Silkway Transit, a private freight railway carrier in Kazakhstan, invested more than $100 million in new locomotives, reported Kazinform on March 6. By the end of the first half of 2023, the freight railway carrier will replenish its fleet with 16 new shunting and export diesel locomotives of the TEM9 series. The four-axle diesel locomotive … Read more
Prime Minister Alikhan Smailov has held a meeting of the Government to discuss the measures of development of the Trans-Caspian International Transport Route (TITR), Kazinform learned. The meeting participants emphasized that the terms of transit cargo transportation via the territory of Kazakhstan were reduced twofold: from 12 to 6 days. Meanwhile, this indicator is expected … Read more
On March 1, as part of an official visit to China, a delegation of Kazakhstan Temir Zholy (Kazakhstan Railways) held a meeting with the representatives of the administration of Xian led by Mayor Li Minyuan, Kazinform learned from the press service of KTZ. The sides discussed the development of transport routes and infrastructure. The parties … Read more
Kazakhstan’s foreign trade turnover hit a record high of $134.4 billion in 2022, a rise of 82 percent over 2021 and four times that of 2020, reported the Ministry of National Economy on Feb. 15. Export volumes reached $84.4 billion in the reporting period, growing by 40 percent in 2021 and 78 percent in 2020. … Read more
The volume of freight traffic in Kazakhstan along the Trans-Caspian International Transport Route (TITR) increased by 2.5 times and reached 1.5 million tons in 2022, according to the Kazakhstan Temir Zholy (KTZ) national railways company press service. The TITR international association met on Feb. 8 in Almaty to address the cargo flows through the TITR, … Read more
It is necessary to create all conditions to develop and disseminate cross-border electronic document flow within the Eurasian Economic Union (EAEU), Prime Minister Alikhan Smailov of Kazakhstan said Friday, Kazinform correspondent reports. While addressing the Digital Almaty Forum, Prime Minister Smailov noted Kazakhstan is working to switch to e-transport documents in order to create favorable … Read more
Kazakh Prime Minister Alikhan Smailov visited a large trading-logistics center and major industrial facilities, including a lead processing plant, pharmaceutical enterprise, oil refinery, and aluminum can production plant on Jan. 27 as part of his working trip to Shymkent, reported the Prime Minister’s press office. “The center’s expansion will allow Shymkent to become a transport … Read more