Kyrgyzstan, Kazakhstan Aim To Significantly Boost Trade Turnover
Date
5/24/2024 8:09:14 AM
(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, May 24. Kyrgyzstan andKazakhstan aim to boost trade turnover to $3 billion, Kazakhstan'sPrime Minister Olzhas Bektenov said during a meeting with theChairman of the Cabinet of Ministers of Kyrgyzstan, AkylbekJaparov, Trend reports.
According to the Cabinet of Ministers of Kyrgyzstan, thismeeting took place on the sidelines of the CIS Heads of GovernmentCouncil session in Ashgabat, Turkmenistan.
During his speech, Bektenov highlighted the strategic importanceof trade and economic relations between the two countries.
In turn, the head of Kyrgyzstan's Cabinet of Ministers notedactive engagement in Kyrgyz-Kazakh relations since the beginning ofthe year.
He also mentioned the successful official visit of KyrgyzPresident Sadyr Zhaparov to Kazakhstan on April 18-19, as well asthe 6th meeting of the Supreme Interstate Council. Akylbek Japarovadded that to achieve the goals set by the leaders of the twostates, both sides should make maximum efforts to timely implementongoing investment and other projects between the countries.
According to the State Statistical Committee of Kyrgyzstan, thecountry's trade turnover with Kazakhstan amounted to $1.317 billionin 2023, accounting for 8.4 percent of Kyrgyzstan's total trade trade increased by 11.6 percent compared to $1.181 billion in2022.
Kyrgyzstan's exports to Kazakhstan during last year reached$455.702 million, increasing by 10.9 percent compared to $410.888million in 2022. Kyrgyzstan's imports from Kazakhstan in 2023totaled $862.182 million, which is an 11.9 percent increasecompared to the 2022 figures ($770.215 million).
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