(MENAFN- Trend News Agency) ASTANA, Kazakhstan, March 27. Minister ofTransport of Kazakhstan Marat Karabayev has met with his Chinesecounterpart Li Xiaopeng as part of his visit to Beijing, Trend reports.
According to the Kazakh ministry, during the meeting, theparties discussed aspects of transport cooperation, such asincreasing trade turnover by expanding transportationinfrastructure, implementing joint projects, and increasing thefrequency and geography of flights between Kazakhstan andChina.
The parties also indicated their willingness to carry out theagreements reached to ensure more efficient and dependabletransport connections between the two countries.
Notably, China became Kazakhstan's major commercial partner in2023. In 2023, Kazakhstan's trade turnover with China was $31.4billion. The volume of trade turnover increased by 30 percent fromthe same period in 2022 ($24.2 billion).
At the same time, in terms of trade turnover, exports to Chinaduring the aforementioned period totaled $14.7 billion, 14.7percent greater than from January to December 2022 ($13billion).
In addition, imports from China surged by 50.5 percent fromJanuary to December 2023, totaling $16.7 billion. In 2022, importstotaled $11.1 billion.
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