Kazakhstan will supply $12 million worth of grain and oil to Afghanistan

Published 2024년 5월 3일

Tridge summary

Kazakh entrepreneurs have made an agreement to export sunflower oil, flour, and other grain products to Afghanistan, valued at over $12 million. This decision was made during a trade mission to Kabul, with the goal of increasing mutual trade turnover to $3 billion, following a decrease to $636.5 million in 2023. The trade mission also explored potential collaborations in the chemical industry, geological exploration, and mining and metallurgical sectors. Kazakh enterprises are also interested in exporting domestically produced cars to Afghanistan.

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Original content

Kazakh entrepreneurs agreed to supply sunflower oil, flour and other grain products to Afghanistan worth more than $12 million. The agreements were reached during a trade and economic mission to Kabul. This was reported by the Trade Policy Development Center of QazTrade. As Deputy Prime Minister Serik Zhumangarin said at the opening of the business forum, following the results of last year’s visit of the Afghan delegation to Astana, the parties set themselves the task of bringing mutual trade turnover to $3 billion in the near future. However, in 2023, trade volume decreased and amounted to $636.5 million. Meanwhile, Kazakhstan has significant potential to expand the export range of goods to the Afghan market. “We propose to consider our interaction in the chemical industry, the implementation of joint projects in Afghanistan for geological exploration, extraction and ...

Source: Oilworld