Central Asian countries are deepening cooperation

Central Asian countries are deepening cooperation. Kazakhstan's trade with the countries of the region amounted to over three billion 600 million dollars in 2017. Trade grew by over half a billion dollars in comparison with the previous year. Kazakhstan adheres to the principle of equality and mutually beneficial partnership in relations with the Central Asian countries.

AGRIS PREIMANIS, DIRECTOR FOR KAZAKHSTAN, EBRD:

- Kazakhstan is a country of opportunities. It’s the first country on the Silk Road. Kazakhstan has great natural and human resources. Business environment here is improving and becoming more attractive for investors. To use all the opportunities of Kazakhstan, it is important to improve investment environment and attractiveness.

According to the Statistics Committee of Kazakhstan’s Ministry of National Economy, over 4,000 joint ventures of Kazakh and Central Asian businesses are registered in Kazakhstan as of March 1. Projects involving Kyrgyz, Tajik and Uzbek businesses operate in almost all the regions and major cities of Kazakhstan.

LARISSA ZHUMAGALIYEVA, DEPUTY CHAIRMAN, KAZAKH INVESTMENTS COMMITTEE:

- Central Asia is located along the Great Silk Road, that’s why we should use this opportunity. We are currently attracting investors into logistics, infrastructure, construction of transport and logistics centers along the Great Silk Road.

Uzbekistan is Kazakhstan’s main trade partner among the Central Asian states. In 2017, trade between the two countries grew 31% compared to 2016. Volume of Kazakhstan’s trade with Kyrgyzstan and Tajikistan made up over 750 million dollars with each one of these countries.

SAGYNGALI AIDARBAYEV, DOCTOR OF LAW:

- Central Asian countries need each other’s products and goods. For example, Tajik businesses purchase flour and grains in Kazakhstan because they cannot fully meet the demands of their market. In our turn, we purchase vegetables from Tajik producers.

Today, the five Central Asian states are striving to reach a new level of social and economic cooperation. Experts say that in the future it will contribute to the overall regional development, given that the Central Asian countries have a great potential. There are vast natural resources in the region and a promising market of 70 million people.