Disclosure of Transit and Transport Potential was Discussed at the “Kazakhstan – Latvia: Cooperation Vector 2025” Round Table

Riga, June 27, 2025 – The Embassy of Kazakhstan in Latvia, together with the Baltic-Central Asian Economic Development Association, held a round table discussion entitled “Kazakhstan – Latvia: Cooperation Vector 2025”.

Kazakhstan's Ambassador Dauren Karipov and other representatives of the Kazakh side briefed Latvian participants on current economic trends and priorities in Kazakhstan. Particular attention was paid to the investment climate and the disclosure of Kazakhstan's transit and transport potential. In this context, they discussed issues related to the involvement of Latvian businesses in the implementation of state and private programmes for the modernisation of economic sectors, as well as the increase in supplies of Kazakhstani products to European and world markets via transit through the Republic of Latvia.

During the event, an agreement was reached on the signing of a cooperation agreement between Latvian Post and the Kazakh logistics company “Carnet LLC”. The document provides for the launch of a new logistics chain for the delivery of e-commerce goods from China to Europe via Kazakhstan and Latvia, using the infrastructure of Latvian ports. This is a new format of cooperation that will increase the transparency, standardisation and efficiency of international postal and logistics operations between business alliances in the Baltic States and Central Asia.

In addition, issues related to the substantive content of the upcoming visit of a Latvian business delegation to Kazakhstan in autumn 2025, as well as the first meeting of the Business Council of the two countries, were discussed.

Representatives of the “Astana International Financial Center”, “Kazakh Invest JSC”, “the Union of Machine Builders of Kazakhstan”, “KazAzot JSC”, the National Association of Oilseed Processors, the Association of Kazakhstani Road Carriers, and “SCAT Airlines” JSC.

The Latvian side was represented by managers and representatives from the Freeport of Riga, Latvijas Pasts (Latvian Post), the Road Transport Directorate, the Latvian Ministry of Transport, the investment fund “The Untitled Ventures”, “BDO Latvia”, “Industra Bank”, Ventspils Commercial Port, “Stena Line Ports” Ventspils, “TecAlliance”, “Vega Stividor”, and Riga Bulk Terminal.