(MENAFN- AzerNews)
Qabil Ashirov read more The foreign trade turnover between Aktubinsk Region of
Kazakhstan and Azerbaijan has grown seven times, Azernews reports,
citing the local media.
A meeting was held between Governor of Mangistau Region Yeraly
Togzhanov, and the acting head of the Consulate General of
Azerbaijan in Aktau, Elchin Mammadov.
At the meeting, the possibilities of developing economic
relations between Aktubinsk and Azerbaijan were discussed and noted
that economic relations are developing at a good pace.
They noted that foreign trade turnover for January-December 2022
amounted to $28.6 million, or 7 times higher compared to 2021.
Yeraly Togzhanov mentioned that Aktubinsk Region has close
relations with many foreign countries and strengthening ties with
Azerbaijan is of particular importance for Kazakhstan.
“During the meeting of Azerbaijani President Ilham Aliyev and
Kazakh President Kassym-Jomart Tokayev, issues on the development
of transport and logistics infrastructure were discussed. There are
great prospects for the investment sector,” he added.
Speaking about the relationship between Azerbaijan and
Kazakhstan, Azerbaijan's acting consulate noted that the main goal
is to develop various connections, including in the business
environment, and emphasized that the meeting today will help
strengthen bilateral relations.
In the end, Yeraly Togzhanov presented the economic potential of
the region and said that the region is a major transport and
logistics hub of the country.
“Over the past five years, we have attracted over $6bn dollars
to the regional economy. Some 25% of these investments were foreign
direct investments. There are 1,100 foreign enterprises, operating
in the region, including many transnational companies, which
indicates a high level of trust on the part of business,” Eraly
Togjanov said.
In the Aktobe region about 1,300 Azerbaijanis live, and the
national center of the NGO Association of Azerbaijanis operates.
The Association of Azerbaijanis contributes to the revival of the
Azerbaijani national culture, native language, history, traditions,
and customs.
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