
Nur-Sultan, July 18, 2021. Vice Minister of Trade and Integration Kairat Torebayev held online talks with Director General of the Office of the President of the Islamic Republic of Afghanistan for Policy and Strategy Harris Manan to discuss strengthening bilateral trade and economic ties and increasing mutual trade.
Despite the consequences of the coronavirus pandemic, the volume of mutual trade between Kazakhstan and Afghanistan increased by 55.2% in 2020 and amounted to $ 623.6 million.
According to Kairat Torebayev, in January-April 2021, the trade turnover increased by 2.8% and amounted to 163 million US dollars, while exports in January-April 2021 increased by 2.5% and amounted to 161.8 million US dollars.
In order to maintain the positive dynamics of the growth of trade turnover and as measures to increase trade turnover, the Kazakh side proposed to diversify the structure of exports between the countries.
"Kazakhstan experts have prepared a list of potential goods that can be delivered to the Afghan market from Kazakhstan. This is more than 45 products worth a total of $360 million. Thus, we have the opportunity to increase the supply of products from the petrochemical (worth $91 million), food (worth $226.2 million), metallurgical (worth $15 million), machine - building (worth $2.4 million), chemical (worth $16.8 million), light (worth $6.4 million), woodworking and furniture (worth $2.1 million) industries," said Vice Minister of Trade and Integration Kairat Torebayev.
During the meeting, Vice Minister K. Torebayev noted that in order to further develop trade cooperation, Kazakhstan is ready to buy fruits and vegetables from Afghanistan. In addition, the Kazakh side expressed interest in cooperation on the basis of the Termez International Trade Center.
According to K. Torebayev, there is also a need to intensify the volume of investment between the countries. In this connection, it is proposed to use the potential of the ICBC "Khorgos" as a platform for wholesale and retail exports to the Chinese market.
As a result of this meeting, the Kazakh side proposed the organization of the Kazakh-Afghan business forum this year.