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Turkey, Kazakhstan aim to reach $10 bln trade volume

DOWNSTREAM CENTRAL ASIA AND CASPIAN

Turkey, Kazakhstan aim to reach $10 bln trade volume

Turkey and Kazakhstan will reach their targeted $10 billion bilateral trade volume as the volume doubled since the previous year, the Turkish president said on May 10. - HurriyetDailyNews

Erdoğan and President Kassym-Jomart K. Tokayev of Kazakhstan held a joint press conference following their meeting at the Presidential Complex.

We have elevated our cooperation to the enhanced strategic partnership level with the joint memorandum we have just signed. Turkey and Kazakhstan, which draw strength from their shared history, language, religion and culture, are two brotherly countries with long-standing relations. Turkey attaches great importance to Kazakhstan’s peace and stability.

Pointing out that the visit was President Tokayev’s first-ever state visit to Turkey, President Erdoğan noted that the two countries were marking the 30th anniversary of their diplomatic relations

In our meetings, we have agreed to make more use of the big potential for cooperation in a wide range of areas from transportation to mutual investments, defense industry to energy, education and culture. We have also exchanged views on regional and international issues. We have particularly discussed the regional and global effects of the situation in Ukraine.

Stating that Turkey would continue to encourage Turkish companies to invest more in the Kazakhstan under the leadership of President Tokayev, President Erdoğan

Toqaev said on May 11 that his visit opened opportunities "for further strengthening cooperation in political, trade, economic, investment, cultural, military, and other areas." The most important thing for the two states "is using the potential of the Trans-Caspian International Transport Route (TITR)," he added, a day after the visit.

The two presidents said a joint statement on "expanding a strategic partnership" between the two Turkic nations and 14 other bilateral agreements were signed during Toqaev's visit.

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