Kazakhstan and Pakistan signed a series of trade and transit agreements during a high-level business forum in Karachi, paving the way for expanded commercial cooperation and long-term logistics development between the two countries.
Over 500 representatives from business and government gathered in Karachi for the Kazakhstan-Pakistan Business Forum, highlighting a shared commitment to strengthening economic ties. The event focused on practical partnerships, culminating in the signing of several commercial agreements.
Among the key deals was a $10 million contract between Kazakhstan’s Optima Development and Pakistan’s Friesland Campina Engro for the supply of dehydrated milk fat - a key ingredient in cheese, yogurt, and confectionery production in Kazakhstan.
“This is one of the first deals of this scale with Pakistan,” said Optima Development CEO Zhanat Basanov. “We see this not as a one-off shipment but as the beginning of a strategic, long-term partnership. With a population of 240 million, Pakistan holds enormous export potential for Kazakhstan.”
Another major milestone of the forum was the signing of a Transit Trade Agreement, granting Kazakhstan access to Pakistan’s ports of Karachi and Gwadar. This move is expected to open new transport and logistics routes and significantly deepen bilateral economic cooperation.
According to QazTrade, Kazakhstan’s trade turnover with Pakistan grew by 2.1% in 2023–2024 to $53.6 million. Kazakhstan’s exports - mostly agricultural products like onions, garlic, flax seeds, legumes, and metal structures - more than doubled to $11.8 million. Imports from Pakistan reached $41.9 million, including citrus fruits, pharmaceuticals, and textiles.
Rafael Mariano Grossi, head of the International Atomic Energy Agency (IAEA), said Iran’s cooperation with the agency is not optional but a legal requirement.
Ukrainian President Volodymyr Zelenskyy on Wednesday signed an agreement with the Council of Europe to establish a special tribunal to address the "crime of aggression" related to Russia’s full-scale invasion of Ukraine in February 2022.
NATO member states have agreed to raise their defence spending target to 5% of GDP, marking a sharp increase from the previous 2% goal.
Pakistan and the United Arab Emirates (UAE) held the 12th session of their Joint Ministerial Commission (JMC) in Abu Dhabi, the first in 13 years, according to Pakistan’s Foreign Ministry.
At least 11 people have died after a landslide triggered by heavy rain struck parts of northwestern Colombia, local authorities confirmed Wednesday.
Rafael Mariano Grossi, head of the International Atomic Energy Agency (IAEA), said Iran’s cooperation with the agency is not optional but a legal requirement.
Ukrainian President Volodymyr Zelenskyy on Wednesday signed an agreement with the Council of Europe to establish a special tribunal to address the "crime of aggression" related to Russia’s full-scale invasion of Ukraine in February 2022.
U.S. President Donald Trump has likened American strikes on Iranian nuclear sites to the end of World War Two, claiming the operation ended the Iran-Israel conflict despite intelligence assessments suggesting limited impact.
NATO member states have agreed to raise their defence spending target to 5% of GDP, marking a sharp increase from the previous 2% goal.
Pakistan and the United Arab Emirates (UAE) held the 12th session of their Joint Ministerial Commission (JMC) in Abu Dhabi, the first in 13 years, according to Pakistan’s Foreign Ministry.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Kazakhstan's e-commerce sector has soared to 3.2 trillion tenge (around 6.2 billion U.S. dollars) in 2024, marking a sevenfold increase since 2020, according to Deputy Prime Minister Serik Jumanğarin.
Russia has expressed its readiness to support the signing of a peace treaty between Azerbaijan and Armenia to ensure regional stability and security.
Masked law enforcement officers have detained Archbishop Bagrat Galstanyan, leader of the 'Sacred Struggle' movement in Armenia. He is accused of preparing terrorist attacks and an alleged attempt to seize power, according to the Investigative Committee.
Kazakhstan’s Prime Minister Olzhas Bektenov has announced a major reform initiative aimed at strengthening national sovereignty in the country’s space sector.
An explosive device detonated on an armoured combat-engineering vehicle in Khan Younis in Gaza, killing seven Israeli soldiers and seriously wounding another soldier on Tuesday (24 June).
Rafael Mariano Grossi, head of the International Atomic Energy Agency (IAEA), said Iran’s cooperation with the agency is not optional but a legal requirement.
Ukrainian President Volodymyr Zelenskyy on Wednesday signed an agreement with the Council of Europe to establish a special tribunal to address the "crime of aggression" related to Russia’s full-scale invasion of Ukraine in February 2022.
U.S. President Donald Trump has likened American strikes on Iranian nuclear sites to the end of World War Two, claiming the operation ended the Iran-Israel conflict despite intelligence assessments suggesting limited impact.
NATO member states have agreed to raise their defence spending target to 5% of GDP, marking a sharp increase from the previous 2% goal.
Pakistan and the United Arab Emirates (UAE) held the 12th session of their Joint Ministerial Commission (JMC) in Abu Dhabi, the first in 13 years, according to Pakistan’s Foreign Ministry.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment