Prospects for strengthening trade cooperation between Kazakhstan and Pakistan discussed by heads of two ministries

Deputy Prime Minister, Minister of Trade and Integration Serik Zhumangarin held talks with Minister of Commerce of the Islamic Republic of Pakistan Syed Naveed Qamar, Delovoy Kazakhstan reports.

The meeting was held online, the participants discussed a wide range of bilateral cooperation in agriculture, gas and coal supplies from Kazakhstan to Pakistan, cooperation in the banking sector.  Also, the sides considered the nuances of the drafted intergovernmental agreements on transit trade, on cooperation and mutual administrative assistance in customs matters.  

At the end of the meeting, Serik Zhumangarin thanked everyone for the constructive and productive dialogue, stressing the desire of Kazakhstan to establish mutually beneficial and fruitful cooperation and to further expand the Kazakh-Pakistani dialogue.

In Jan-July 2022, trade turnover of agricultural products and processed agricultural raw materials between Kazakhstan and Pakistan amounted to $ 12.6 million, which is 28.8% more than in 2021 ($ 9.8 million).