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ASTANA – Pakistan is able to export Kazakh merchandise to the Persian Gulf nations by means of the Gwadar port, mentioned Pakistan’s Federal Minister for Industries Makhdoom Syed Murtaza Mehmood at a Nov. 9 assembly with Kazakhstan’s Minister of Commerce and Integration Serik Zhumangarin in Astana, reported the Prime Minister’s press service.
Gwadar port. Photograph credit score: Getty Photos
The events addressed the prospects for cooperation within the power sector, significantly the fuel transit by way of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline.
Based on Zhumangarin, Kazakhstan and Pakistan’s essential geographical location in South Asia highlights the necessity to improve financial and transportation cooperation.
In flip, Pakistan’s delegation introduced its readiness to reinforce cooperation with Kazakhstan within the oil and fuel, banking, agriculture, and different sectors.
Over 9 months of 2022, the bilateral commerce turnover between the 2 nations elevated by 17.9 % in comparison with the identical interval in 2021 and reached $57.0 million.
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