Kazakhstan and Türkiye aim to boost bilateral trade to $15 billion

Kazakhstan and Türkiye aim to boost bilateral trade to $15 billion
Kazakh President Kassym-Jomart Tokayev and Turkish President Recep Tayyip Erdoğan during official talks at the Presidential Complex in Ankara, Türkiye, 28 October 2026.
Akorda / Press Service of the President of Kazakhstan

Türkiye aims to increase bilateral trade with Kazakhstan to $15 billion and expand investment cooperation, President Recep Tayyip Erdoğan said during talks with his Kazakh counterpart, Kassym-Jomart Tokayev, who was on an official visit to Ankara.

Türkiye is among Kazakhstan’s five largest trading partners and 10 leading investors. Bilateral trade reached $5.66 billion in the first eight months of 2026, up 66.5 per cent from the same period last year, according to Kazakhstan’s foreign minister. Turkish investment in Kazakhstan has exceeded $6 billion, supporting projects in manufacturing, construction, logistics and agriculture.

Tokayev reaffirmed Kazakhstan’s readiness to support Turkish businesses and create favourable conditions for new projects.

Enhancing transport links

Much of the economic potential lies in transport links connecting Central Asia with Europe.

The Trans-Caspian International Transport Route, also known as the Middle Corridor, runs across the Caspian Sea and the South Caucasus region, offering an alternative route for goods moving between the two continents. Freight traffic along the corridor has grown fivefold over the past seven years. Kazakhstan is now seeking Turkish participation in projects to expand cargo capacity at its Caspian ports of Aktau and Kuryk, two important gateways along the route.

The countries also share an interest in the movement of Kazakh oil to global markets. The Baku-Tbilisi-Ceyhan pipeline, which crosses Türkiye to reach the Mediterranean, provides Kazakhstan with an export route beyond its traditional supply channels.

Cooperation broadens to industrial projects

During Erdoğan’s state visit to Kazakhstan in May 2026, the two sides signed agreements covering the oil and gas sector, the development of Almaty International Airport and a joint venture to manufacture and maintain Turkish ANKA drones. Artificial intelligence, agriculture and defence cooperation were among the other issues raised in Ankara.

The talks preceded the 13th summit of the Organization of Turkic States in Ankara, where both presidents were expected to take part. Erdoğan also invited Tokayev to attend the COP31 Leaders’ Summit in Antalya on 11-12 November.

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