Turkey and Kazakhstan Sign 13 Agreements, Targeting $15 Billion in Trade
Turkey and Kazakhstan signed 13 agreements covering energy, transport, industry and investment after senior-level talks in Astana. Trade Minister Ömer Bolat said the goal is to lift bilateral trade volume to $15 billion.
During Turkish President Recep Tayyip Erdoğan's visit to Kazakhstan, the two countries signed 13 bilateral agreements across several sectors. According to Anadolu Agency, the documents cover investment promotion, energy cooperation, the development of transport corridors and joint industrial production frameworks. Talks between President Erdoğan and Kazakh President Kassym-Jomart Tokayev took place in Astana.
Trade Minister Ömer Bolat said current bilateral trade stands at about $6.5 billion. He added that the medium-term goal is to lift the figure to $15 billion, with new deals planned in construction, defence industry and agriculture. Projects undertaken by Turkish construction firms in Kazakhstan exceed $30 billion in total value.
Development of the Trans-Caspian International Transport Route, known as the Middle Corridor, emerged as a priority item. Industry and Technology Minister Mehmet Fatih Kacır also shared details on the investment promotion agreement. The accords are expected to take effect by year-end.
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