Kazakhstan and Azerbaijan plan to increase trade turnover

Published 2024년 3월 14일

Tridge summary

Kazakhstan and Azerbaijan are in talks to increase their trade turnover, with Kazakhstan looking to expand its exports to Azerbaijan by over $75 million. The potential exports include products like sunflower oil, confectionery, chocolate, butter, ice cream, and meat products. Despite a decrease in agricultural trade in 2023, new items have been added to Kazakhstan's export list. Kazakhstan's Ministry of Agriculture head, Aidarbek Saparov, has also invited Azerbaijani partners to explore investment opportunities in the agro-industrial sector.

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Original content

Kazakhstan and Azerbaijan discussed the possibility of increasing trade turnover between the countries within the framework of a bilateral meeting. Kazakhstan is interested in supplying the Azerbaijani market with sunflower oil, confectionery, chocolate, butter, ice cream, meat and meat products and other products, which will expand Kazakhstan’s export supplies by an additional amount of more than $75 million. This was stated by the head of the Ministry of Agriculture of the Republic of Kazakhstan Aidarbek Saparov at meeting with the head of the Ministry of Agriculture of Azerbaijan Majnun Gadir oglu Mamedov, the press service of the Ministry of Agriculture of the Republic of Kazakhstan reported. A. Saparov also emphasized that the agro-industrial complex of Kazakhstan has great potential and invited Azerbaijani partners to pay attention to investment opportunities in the agro-industrial sector. The head of the Ministry of Agriculture especially noted projects in the field of ...

Source: Agrosektor