(MENAFN- AzerNews)
By Ayya Lmahamad
Kazakhstan is planning to build fiber-optic communication lines
along the Caspian Sea bed to Azerbaijan in the direction of
Asia-Europe, Digital Development, Innovation and Aerospace Industry
Vice Minister Askhat Orazbek said.
He made the remarks during the international forum 'Towards a
digital Kazakhstan', Azernews reports.
'We intend to move further in several directions - this is the
construction of fiber-optic communication lines along the Caspian
Sea bed to Azerbaijan in the direction of Asia - Europe. We also
plan to introduce 5G, construction of national hyper backbone
West-East,' he said.
He noted that Kazakhstan can become a data hub for almost all of
Eurasia and plans to develop data centers in the country.
Diplomatic relations between Azerbaijan and Kazakhstan were
established on August 30, 1992. The Kazakh embassy in Azerbaijan
was opened on January 9, 1993, and the Azerbaijani embassy in
Kazakhstan on March 1, 2004.
The two countries closely cooperate in various sectors of the
economy. Some 159 companies with the Kazakh capital operate in
Azerbaijan in the sphere of industry, construction, trade,
agriculture, transport, and services. Azerbaijani companies are
also represented in the Kazakh market and Azerbaijan's investments
in the Kazakh non-oil sector from 1995 to 2021 amounted to more
than $200 million, while Kazakhstan's investments in the
Azerbaijani non-oil sector totaled about $100 million.
The trade turnover between Azerbaijan and Kazakhstan amounted to
$135.7 million in 2021.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
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