A meeting of the Kazakh-Latvian intergovernmental commission is scheduled for May this year.
Topic: trade and economic cooperation
According to statistics, last year, bilateral trade turnover exceeded US$156 million.
Last year, trade turnover between the countries amounted to nearly US$100 million.
The volume of handled cargo increased by nearly 300% compared to 2016.
Last year the trade turnover between the states increased by 10% and reached US$980 million.
The cargo traffic increased 10 times through the Kuryk port, it operates 1000 cargo vehicles per month now.
Norms provide the exemption of international transport from taxes and fees associated with the use and maintenance of roads.
Economic cooperation is developing in industries like energy and agriculture.
Within 9 months of this year the commodity turnover between the two countries has increased by 4% and has made US$102.5 million.