Kazakhstan and Türkiye are intensifying efforts to expand economic cooperation, setting a target to increase bilateral trade to $15 billion as both countries build on steady growth and broaden investment ties.
The goal was reiterated by Turkish Vice President Cevdet Yılmaz during a meeting of the intergovernmental commission in Astana. The push follows a 9% rise in trade turnover in 2025, with Kazakhstan’s exports increasing by more than 17% to reach $3.9 billion.
Kazakhstan’s Prime Minister Olzhas Bektenov said the country aims to further diversify exports away from raw materials towards higher value-added goods, in line with broader economic priorities. He also underlined the role of investment as a key driver of bilateral relations.
According to government data, Turkish investors have invested more than $6 billion in Kazakhstan over the past two decades, including nearly $390 million in 2025 alone.
In parallel, Kazakh investment in Türkiye has reached $2.4 billion. More than 5,000 companies with Turkish capital are currently operating in Kazakhstan.
This growing investment presence is also reflected in an expanding pipeline of joint projects. To date, 98 projects worth around $4 billion have been implemented, while a further 50 projects valued at approximately $3.9 billion are under way.
Broader estimates place the total value of ongoing joint initiatives at up to $9.5 billion. Bektenov said Kazakhstan is ready to provide industrial sites and state support instruments to facilitate new projects and expand cooperation further.
Alongside trade and investment, energy is emerging as another strategic pillar of the partnership. Vice Minister of Energy Sanzhar Zharkeshov pointed to the growing role of the Baku-Tbilisi-Ceyhan pipeline in diversifying Kazakhstan’s oil export routes.
Rising volumes along this corridor are seen as strengthening energy security and opening access to new markets.
At the same time, Kazakhstan’s KazMunayGas and Turkish Petroleum Corporation are advancing cooperation in geological exploration. Turkish specialists have gained access to geological data, and discussions are under way on potential participation in exploration projects.
Political dialogue between the two countries remains close. President Kassym-Jomart Tokayev has described Türkiye as a strategic partner, noting the absence of disagreements and the high level of mutual trust.
A state visit by President Recep Tayyip Erdoğan to Kazakhstan is scheduled for 14 May, where both sides are expected to hold a meeting of the High-Level Strategic Cooperation Council and sign a number of agreements.
Dozens of people were killed in Israeli strikes on Lebanon on Tuesday, Lebanese officials said, straining a fragile ceasefire agreed between the cou...
Canada and the Bahamas announced on Tuesday that they will temporarily restrict entry for residents of the Democratic Republic of the Congo, Uganda an...
Latvia is strengthening its anti-drone capabilities along its borders with Russia and Moscow-allied Belarus after several drones entered the NATO memb...
The visit by U.S. Secretary of State Marco Rubio to Armenia marks one of the clearest signs yet of Washington’s growing interest in the South Caucas...
Britain and Poland are set to sign a new defence and security treaty on Wednesday (27 May), deepening cooperation between the two NATO allies as Europ...
Dozens of people were killed in Israeli strikes on Lebanon on Tuesday, Lebanese officials said, straining a fragile ceasefire agreed between the countries in April. The attacks came as Iran accused the U.S. of violating a separate ceasefire with strikes near the Strait of Hormuz.
Canada and the Bahamas announced on Tuesday that they will temporarily restrict entry for residents of the Democratic Republic of the Congo, Uganda and South Sudan following an Ebola outbreak in the region.
Latvia is strengthening its anti-drone capabilities along its borders with Russia and Moscow-allied Belarus after several drones entered the NATO member’s airspace, according to a senior military official.
Britain and Poland are set to sign a new defence and security treaty on Wednesday (27 May), deepening cooperation between the two NATO allies as European governments respond to what they describe as a growing range of hostile threats across the continent.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 26 May, covering the latest developments you need to know.
The World Health Organization warned on Monday that the fast-moving Ebola outbreak in the Democratic Republic of the Congo and Uganda was outpacing response efforts, with 220 suspected deaths reported so far.
Iran has called Monday's U.S. strikes on it 'a gross violation' of their ceasefire. The U.S. military said it carried out defensive strikes in southern Iran after boats were seen laying mines in the Strait of Hormuz. Meanwhile, the U.S. says a peace deal may require several more days.
Shortly after nine o’clock on Tuesday morning (26 May), a sleek white train eased into Tbilisi’s central railway station, a couple of minutes behind schedule, carrying passengers from Baku for the first time since 2020.
Tajikistan is hosting the Fourth International Conference on the International Decade for Action “Water for Sustainable Development” in Dushanbe from 25 to 28 May, bringing together more than 2,500 participants from governments, international organisations and financial institutions.
Russian President Vladimir Putin arrives in Kazakhstan late on Wednesday for an unprecedented second state visit to the country in two years. He will gift Astana four Siberian tigers during the trip, as Moscow attempts to bolster its relationship with its closest partner in Central Asia.
The visit by U.S. Secretary of State Marco Rubio to Armenia marks one of the clearest signs yet of Washington’s growing interest in the South Caucasus.
Tehran has sent a senior delegation to Qatar for indirect talks on a possible peace deal with Washington amid rising tensions following a U.S. air strike on an Iranian island in the Strait of Hormuz.
Japan and the United Nations Development Programme are launching a $3 million environmental project in Kazakhstan to support the Caspian Sea and improve water monitoring, amid growing concern over falling sea levels and risks to regional trade routes.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment