President Kassym-Jomart Tokayev of Kazakhstan endorsed a significant pact with Türkiye, facilitating the international transport of goods, a move poised to enhance bilateral trade and transportation ties. This agreement leverages strategic assets including the Trans-Caspian International Transport Route, the Baku-Tbilisi-Kars railway, and Caspian Sea ports, aiming to amplify the cargo flow between the two nations.
The initiative targets an increase in the efficiency of the major transit corridor that links Western Europe to Western China, with an overarching objective to elevate trade turnover between Kazakhstan and Turkey. This effort aligns with broader strategies to refine transit processes through upgraded road, rail, and water transport systems.
The pact received its legislative endorsement from the Mazhilis, the lower house of the Kazakh Parliament, already in February, signaling strong bilateral commitment to streamline and expand transit operations. Prime Minister Olzhas Bektenov’s subsequent visit to Ankara underscored the mutual intent to augment cooperative efforts across multiple sectors.
As one of Kazakhstan’s foremost trading partners and a key investor, Türkiye has set a robust trade target aiming at a minimum of $10 billion. Conversely, Kazakhstan intends to boost its exports to Türkiye, focusing on 34 key categories of goods worth over $630 million, spanning metallurgy, petrochemicals, food, and engineering industries.
This accord not only marks a pivotal development in Kazakhstan-Türkiye relations but also acts as a foundational element for future economic collaborations, poised to reshape the geopolitical and economic contours across Eurasia.
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