Trade between Kazakhstan and the Kyrgyz Republic reached $1.75 billion over eight months of this year, up nearly 20% compared to the same period last year. The two countries are focusing on strengthening industrial cooperation and expanding exports. According to the Kazakh Ministry of Trade and Integration, the country’s additional export potential is currently estimated at more than $330 million. Prospects for bilateral cooperation were discussed in Bishkek at a meeting of the Intergovernmental Council and the second Interregional Cooperation Forum, attended by the prime ministers of both countries.
«Our common goal is to increase bilateral trade to $3 billion by 2030. To achieve this, a roadmap has been developed that focuses not only on expanding trade but, above all, on strengthening industrial cooperation. Joint efforts will help maintain positive momentum, expand trade and economic ties between Kazakhstan and the Kyrgyz Republic, launch new projects, and take the economic partnership between the two countries to a new level,» said Arman Shakkaliyev, Kazakh Minister of Trade and Integration.
Developing border infrastructure is one of the key areas of bilateral cooperation. Seven of the eight checkpoints along the Kazakhstan-Kyrgyz Republic border are located in the Zhambyl Region, which is home to more than 1,000 businesses with Kyrgyz participation. Particular emphasis is being placed on developing transport and logistics infrastructure and creating conditions to expand bilateral economic ties. One of the most significant projects is underway in the Kordai District, near the Kyrgyz Republic border.
«We have allocated a 165-hectare land plot for the construction of an industrial and logistics complex in the Kordai District. Construction of a power substation to supply the facility with electricity is now underway. A total of 4.2 billion tenge has been allocated for this purpose. Construction work is progressing rapidly. The second area of cooperation is the agro-industrial sector. The third area holds significant potential: shifting from conventional trade to industrial cooperation. That is why we are inviting our Kyrgyz partners to further develop cooperation in this area,» said Yerbol Karashukeyev, Governor of the Zhambyl Region.
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