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.
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sun...
American actress Hayden Panettiere...
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 17th of August, covering the latest developments....
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
U.S. President Donald Trump’s push to end the war in Gaza returned to the diplomatic arena on Sunday (16 August), as his envoys met Egyptian, Qatari and Turkish mediators in Cairo while Israeli strikes continued across the strip.
At least 11 people, including three children and two women, were killed in Israeli airstrikes in southern Lebanon on Saturday, according to Lebanese authorities, in one of the deadliest escalations since a U.S.-mediated framework was agreed between Lebanon and Israel.
As the countries of the Turkic world seek deeper economic integration, the Turkic Investment Fund (TIF) is positioning itself as a key financial vehicle for turning political cooperation into tangible development projects.
For fishermen along Pakistan’s southwestern coast, the consequences of the U.S.-Iran conflict are being felt far from the battlefield.
Afghanistan’s Foreign Ministry has expressed regret over the death of a 21-year-old pregnant woman killed by gunfire across the border in Tajikistan’s Darvoz district. Dushanbe has issued a formal protest to Kabul over the incident, which it said involved a violation of its airspace.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment