Friday, July 11, 2025

Pak-Kazakh discuss Trade, Connectivity and Regional Cooperation

Islamabad : Ambassador of Kazakhstan to Pakistan, H.E. Mr. Yerzhan Kistafin, called on Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, to discuss avenues for strengthening economic ties between the two countries.

During the meeting, both sides emphasized the importance of enhancing bilateral trade and regional connectivity. Rana Ihsaan Afzal Khan underscored Pakistan’s commitment to transforming its historically cordial relations with Kazakhstan into a comprehensive economic partnership, for the mutual benefit of both nations.

The Ambassador highlighted that total trade between the two countries reached $172.5 million in 2023-24, with Pakistan’s exports to Kazakhstan accounting for $170.82 million.

He also briefed the Coordinator about the upcoming Kazakhstan Business Forum scheduled for the end of June, and invited Pakistani stakeholders to actively participate.

Ambassador Kistafin further proposed the signing of a Memorandum of Understanding (MoU) between the Trade Development Authority of Pakistan (TDAP) and its counterpart agency in Kazakhstan to institutionalize trade cooperation and facilitate greater interaction between the business communities.

Matters related to the finalization of a Transit Trade Agreement and visa facilitation for business delegates were also discussed.

Rana Ihsaan Afzal Khan welcomed the initiatives and expressed Pakistan’s readiness to advance mutual trade interests and support regional economic integration, especially in the context of Central Asia’s access to global markets through Pakistan.

He also acknowledged the positive outcomes of recent engagements, including the 13th session of the Pakistan-Kazakhstan Inter-Governmental Commission (IGC) and the Pak-Kazakhstan Business Forum held in Karachi last month, where over 330 companies from both sides participated in B2B meetings and industrial visits.

“The government is committed to providing a supportive environment for trade and investment with Kazakhstan and its Central Asian neighbors,” he affirmed.

Field Correspondent Sohail Majeed
+ posts

Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.

Hot this week

Uraan Pakistan’ drives green buses, mangrove revival, and resilient healthcare, FM

Climate-Smart, Health-Responsive Infrastructure Now a National Priority Islamabad: Federal Minister...

Urgent need for industrial policy to boost sector performance, Haroon

Belgian-British economist and Haroon Akhtar khan Highlight Urgent Industrial...

BCCI agrees to add Pakistan’s name on their jersey

India has confirmed its compliance with the International Cricket...

Experts urge integrating the climate-nutrition link into Pakistan’s NDCs and policies

Agriculture both contributes to and is impacted by climate...

The Everlasting Appeal of TV Shows: Why We Keep Watching

TV shows have been a cornerstone of entertainment for...

Pak-Vietnam open new trade era, plan strategic economic partnership

Pakistan and Vietnam Reinforce Economic Ties During High-Level Ministerial...

PSQCA urges timely action for better services and outcomes, Magsi

The 35th PSQCA Board Meeting; Major Reforms Approved to...

Pak-Russia ink protocol to revive Pakistan Steel Mills

Moscow : Pakistan and Russia have signed a Protocol...

Senate Committee finds efforts insufficient for national goals

Senate Panel Sounds Alarm Over Dysfunctional Science & Technology...

Only 7% of industries address vulnerabilities proactively, Kaspersky study

Islamabad : According to a latest study conducted by...

Dubai Islamic Bank teams up with JazzCash to boost digital finance

Islamabad : Dubai Islamic Bank Pakistan Limited (DIBPL), has...

NEOC Warns of Potential Flooding in Several Regions

Islamabad: National Emergencies Operation Center (NEOC) of NDMA has...

AKUH receives prestigious Award for excellence in heart attack care

Karachi : The Aga Khan University Hospital (AKUH) has...

Related Articles

Popular Categories