Istanbul, 21 December, 2023 (GNP): A bilateral meeting between Arman Shakkaliev, Minister of Trade and Integration of Kazakhstan, and Gohar Ejaz, Federal Minister of Commerce, Industry and Production of Pakistan, was held in Istanbul.
Both sides discussed the expansion of cooperation in the transport and logistics sector.
“The ports of Pakistan – Gwadar, Karachi, Qasim are of great interest to us both from the position of promoting exports of Kazakhstani products to the markets of Pakistan and South Asia, and from the position of increasing the attractiveness of the transit potential of our countries in terms of access to the export markets of the Persian Gulf and East Africa”, said Arman Shakkaliev during the talks.
Currently, there are options for organizing mutual supplies both by land routes and using sea ports via the North-South corridor, the territory of Iran or via China.
Also Read: Sheikh Meshal sworn in as the 17th ruler of Kuwait
The possibilities of road transport via the Karakoram Highway through the territories of Kyrgyzstan, China and further to Pakistan are also considered.
During the meeting, an agreement was reached on mutually beneficial cooperation between the Pakistani logistics company National Logistics Cell and QazTrade in terms of providing fixed tariffs for the transport of products by the Pakistani company towards Afghanistan, Pakistan.
It is to be noted that in 2022 trade turnover between Kazakhstan and Pakistan amounted to $73.5 million. In January-October 2023, the countries traded for $38.7 million.
The list of export-potential goods for 85 items includes products of the following industries: petrochemical, food, chemical, machinery, pharmaceuticals, as well as vehicles and construction goods.
