Kazakhstan and Azerbaijan signed 16 memorandums and intend to double trade turnover.

Kazakhstan and Azerbaijan signed 16 memorandums and intend to double trade turnover.

21.10.2025 18:54:34 135

Cooperation instead of competition. Kazakhstan and Azerbaijan are reaching a new level of partnership. Cooperation between the two countries is developing in trade, industry, logistics, and digitalization.

Speaking at the Kazakhstan-Azerbaijan Business Forum in Astana, Aidar Abildabekov, Vice Minister of Trade and Integration of the Republic of Kazakhstan, noted that economic ties between the two countries are steadily strengthening. From January to August 2025, trade turnover reached $343.3 million, with Kazakhstan's exports amounting to $290.8 million, and imports from Azerbaijan increasing by more than 58%.

According to the Vice Minister, Kazakhstan proposes expanding its export basket with Azerbaijan to include agricultural products totaling approximately 14.5 million tons. This includes grains and oilseeds, flour, butter, and potatoes.

"Today, it is important to build sustainable production chains and joint projects that create added value. This is the essence of cooperation. "We will develop not in parallel, but together," he emphasized.

During the forum, an official signing ceremony was held for 16 cooperation agreements and memoranda between representatives of Kazakhstan and Azerbaijan. The signed documents included agreements in industry, tourism, education, digital technology, and logistics.

Cooperation was cemented by memoranda between Kazpost and Zira Port, the Atameken National Chamber of Entrepreneurs and the KOBIA agency, as well as between a number of private companies from the two countries. One of the key areas of cooperation was collaboration between the national export support institutions QazTrade and AZPROMO.

"We see great opportunities in agro-industrial and industrial cooperation. Kazakhstan is ready to work with its Azerbaijani partners to create new production facilities, develop processing and packaging, and enter third markets. For us, cooperation is not just an idea, but a tool that helps companies move from words to tangible contracts," noted Aitmuhammed Aldazharov, CEO of QazTrade.

Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1090511?lang=kk