Kazakhstan - Kyrgyzstan trade turnover reaches $1.7bn

Kazakhstan and Kyrgyzstan are set to launch an industrial trade and logistics complex on their shared border. This was discussed during an official meeting between the President of Kazakhstan, Kassym-Jomart Tokayev, and the head of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev, in Akorda.

This project marks an important step in strengthening bilateral economic ties and was announced during Kasymaliev's first official visit since his appointment in December of last year.

The visit also included a meeting with Kazakh Prime Minister Olzhas Bektenov. The leaders discussed plans to increase trade turnover between Kazakhstan and Kyrgyzstan to $3 billion by 2030. In 2024, the trade volume amounted to $1.7 billion.

During the talks, the parties addressed a range of important issues, including trade, economic, investment, transit-transport, and water-energy cooperation. One of the key topics was the growth in transit and transportation volumes. 

In 2024, the volume of road transport between the two countries reached nearly 2.5 million tons, a 19% increase compared to previous years.

Particular attention was given to interregional cooperation. The state border between Kazakhstan and Kyrgyzstan is approximately 1,200 km long, with Kazakhstan bordering three regions of Kyrgyzstan. In this regard, the opening of the ninth border checkpoint, Aksu-Kamyshanovka, was discussed, with construction set to begin next year.

Kazakhstan remains one of Kyrgyzstan’s key trade, economic, and investment partners. As noted by the Prime Minister of Kazakhstan, over the past 15 years, Kazakhstan’s investments in the Kyrgyz economy have exceeded $1.3 billion.

The Chairman of the Cabinet of Ministers of Kyrgyzstan also outlined several priority projects aimed at enhancing cooperation and boosting the dynamics of economic relations, including the construction of an industrial trade and logistics complex at the border and agreements on duty-free oil supplies to Kyrgyzstan.

Kazakh-Kyrgyz relations are rapidly developing, experiencing a phase of active growth. Experts suggest that Kasymaliev's visit to Astana will help strengthen and expand bilateral ties between the two countries, and the trade dynamic between the two nations confirms this sentiment.

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