The trade turnover between Kazakhstan and Turkmenistan increased by 72% and amounted to $438 million.

On May 15 this year, the 12th meeting of the Intergovernmental Kazakh-Turkmen Commission on Economic, Scientific, Technical and Cultural Cooperation was held in Astana under the chairmanship of First Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar and Deputy Chairman of the Cabinet of Ministers of Turkmenistan Batyr Atdayev.

During the meeting, the Parties discussed a wide range of issues of bilateral cooperation and reached a number of agreements in the fields of energy, transport and logistics, agriculture.

Bilateral trade between Kazakhstan and Turkmenistan shows dynamic growth, by the end of 2022, the trade turnover increased by 72% and amounted to $438 million (by the end of 2021 – $254 million).

The market of Turkmenistan is of great interest for the export of Kazakh processed products, for this purpose, the Turkmen side was offered to establish close cooperation between JSC "KazakhExport ESC" and banks of Turkmenistan.

Roman Sklyar also noted the interest in the speedy implementation of the grain terminal project on the Turkmen-Afghan border.

The transport and transit sphere has a huge potential for the two countries.

In order to further develop cooperation in the transport and transit sphere, an agreement was reached to continue joint work on the development of the North-South international transport corridor and the formation of a flexible competitive tariff policy in the field of railway communication.

The main direction of bilateral cooperation is cooperation in the gas industry. For several years, it has been possible to carry out uninterrupted transit of natural gas through the territory of the Republic of Kazakhstan.

Kazakhstan is interested in acquiring Turkmen natural and liquefied petroleum gas.