(MENAFN- Trend News Agency) ASTANA, Kazakhstan, June 7. The economies of
Azerbaijan and Kazakhstan are very similar, Alibek Kuantyrov,
Minister of National Economy of Kazakhstan said at a briefing on
the eve of the Astana International Forum, while answering a
question from trend .
“Currently Azerbaijan ranks among top 15 main investors in
Kazakhstan's economy, below the actual potential. I have held
several meetings with Minister of Economy of Azerbaijan Mikayil
Jabbarov, where we have addressed this issue,” he said.
The minister pointed out that both the countries have created a
good base for cooperation development, intertwined by the Caspian
Sea, close relations between the peoples and the heads of
“This is the base for further clinching our relations,
especially being in the Organization of Turkic States, which also
has us developing the Middle Corridor together. Speaking about
other similarities, Azerbaijan's oil fund has also become an
example for us, when we were creating our fund. Currently, we are
working closely on transit of Kazakh oil through Azerbaijan,” he
Kuantyrov added that Turkic Investment Fund also creates a good
base for the development of bilateral economic relations between
Azerbaijan and Kazakhstan.
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