ANI
13 Mar 2025, 02:02 GMT+10
Moscow [Russia], March 13 (ANI): Kazakhstan and Russia's trade turnover has doubled over the last ten years and aims to reach the USD 30 billion mark in the coming years, TV BRICS reported.
This was announced during an extended meeting of the Russian-Kazakh business council held in Moscow.
'Trade turnover between Kazakhstan and Russia is showing steady growth and in 2024 will reach a record USD 27.7 billion for the last decade,' the report stated.
According to the President of the Chamber of Commerce and Industry of Russia Sergey Katyrin, about 80 Russian regions are actively cooperating with Kazakhstan.
Katyrin expressed confidence that the positive trend will continue, with trade turnover potentially reaching USD 30 billion in the coming years, but the parties are aimed at further increasing trade turnover, as reported by KazInform, a partner of TV BRICS.
Chairman of the Board of the Chamber of International Commerce of Kazakhstan Murat Karimsakov emphasised that Russia has a significant share (about 20 per cent) in Kazakhstan's foreign trade, which shows the importance of economic ties between the two countries, as per TV Brics.
Kazakhstan Ambassador to Russia, Dauren Abayev, noted that over the past 10 years, the volume of mutual trade has doubled.
More than 23,000 companies with Russian participation are successfully operating in Kazakhstan, and 171 projects totalling USD 52.9 billion are being implemented within the framework of industrial cooperation. (ANI)
Get a daily dose of St Petersburg Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to St Petersburg Star.
More InformationNICOSIA, Cyprus: Cyprus' ancient Commandaria wine, praised for its rich heritage dating back nearly 3,000 years, is making a comeback...
FRANKFURT, Germany: Germany is set to loosen its strict debt limits in a historic shift that could unlock over 1 trillion euros ($1.08...
Moscow [Russia], March 13 (ANI): Kazakhstan and Russia's trade turnover has doubled over the last ten years and aims to reach the USD...
Eighty-six percent of Kursk Regions territory previously held by Ukraine has been liberated, Valery Gerasimov has claimed Ukrainian...
Eighty-six percent of Kursk Region's territory previously held by Ukraine has been liberated, Valery Gerasimov has claimed ...
The Russian president has listened to a report on military operations in the area ...
WASHINGTON, D.C.: Officials working on diversity and inclusion programs at the U.S. Office of the Director of National Intelligence...
WASHINGTON, D.C.: The U.S. Centers for Disease Control and Prevention (CDC) is planning an extensive study on possible links between...
WASHINGTON, D.C.: The U.S. weather agency, NOAA, plans to lay off 1,029 workers following 1,300 job cuts earlier this year. This...
SANTA FE: New Mexico: A New Mexico resident who died recently tested positive for measles, marking the state's first measles-related...
MANILA, Philippines - In a dramatic move, the International Criminal Court on Tuesday arrested the former president of the Philippines,...
BRUSSELS, Belgium: The United States has withdrawn from the board of a U.N. climate fund designed to help poor countries deal with...