Trade turnover between Kazakhstan and Afghanistan reached $1 bln

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The trade turnover between Kazakhstan and Afghanistan has reached $1 billion. And this is not the limit. The Central Asian country plans to continue expanding trade with Afghanistan and hold a joint business forum this summer, Kazakh Deputy Prime Minister Serik Zhumangarin said, according to Newscentralasia.net.

“We will increase this trade cooperation. We have real prospects for even more supplies of wheat, flour and sunflower oil to Afghanistan. Why should we refuse such an opportunity? This ultimately benefits our state,” said Zhumangarin.

In addition to food supplies, there are other promising areas of partnership, such as the subsoil use sector, since Afghanistan is a country rich in natural resources, the minister said.

He pointed to the need to study the Afghan market. To this end, Kazakhstan intends to hold a joint business forum in July.

Zhumangarin recently visited Kabul at the head of a Kazakh delegation, which included 18 leaders or high-ranking representatives of enterprises from Kazakhstan.

It is reported that Kazakhstan will open its trading house in Herat. The trade mission is intended to become a platform for organizing B2B meetings between the business circles of the two countries in Kazakhstan and Afghanistan. To do this, a consulting center will be created at the trade representation to provide accessible information about products exported by Kazakhstan, its trade legislation, as well as for the purpose of conducting marketing research and analysis.

CentralasianLIGHT.org

April 26, 2023