India is important market for Kazakhstan

India is important market for Kazakhstan

India plays an important role in Kazakhstan’s foreign policy, according to international experts. Specialists highlighted that the countries have well established political, trade, economic and humanitarian ties. In 2018, trade turnover volume between Kazakhstan and India exceeded US$ 1 billion. Meanwhile, textile industry and information technologies are among the major cooperation sectors for the two countries. Kazakh IT specialists will undergo capacity building training in India. Moreover, the two countries established mutually beneficial partnership in energy sector.  

BOLAT SARSENBAYEV, KAZAKH AMBASSADOR TO INDIA:

- India is a large market with the population of 1.3 billion people. Therefore, this country is certainly a very important market for us. We export our goods to India. Kazakhstan’s export items total almost 80 percent of the trade turnover between Kazakhstan and India. In the future, we can import Indian goods which we purchase from other countries. For example, Indian tea which is popular around the world, spices, textile, marble and also equipment manufactured in India.