Kazakhstan and Turkey have created a joint chamber of commerce and industry. The memorandum was signed by Kazakhstan’s National Chamber of Entrepreneurs "Atameken" and the Turkish Union of Chambers and Commodity Exchanges during the fifth meeting of the Business Council of the Turkic countries in Astana. According to the National Chamber of Entrepreneurs, the new institute was created to deepen bilateral relations and improve business conditions in the two countries. It will unite entrepreneurs and industry associations in Kazakhstan and Turkey. It is assumed that the offices of the new Chamber will be located in Astana and Istanbul.



- Both offices will inform Turkish businessmen about Kazakhstan and Kazakh businessmen about Turkey. We are aimed at mutual increase in investment opportunities. That is, the Turkish side wants to expand Turkish businessmen’s opportunities, so that they could invest in Kazakhstan.


During the Turkish business council, the Kazakh side has also expressed the intension to cooperate with Uzbekistan, Kyrgyzstan, Turkey and Azerbaijan. Representatives of the National Chamber of Entrepreneurs say that it will help to increase export volumes to China and Russia. The meeting participants have also discussed the creation of joint logistics centers and organization of a business forum on alternative energy planned as part of Expo 2017.

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