BAKU, Azerbaijan, February 16. Kazakhstan sees great potential for deepening cooperation with Azerbaijan, driven by the geopolitical positioning and strategic interests of both countries, said Kairat Jumagulov, Deputy Chairman of the Committee for State Revenues at Kazakhstan's Ministry of Finance, in an interview with Trend.
He emphasized the significant opportunities for joint projects across several key sectors.
"First and foremost, energy. We are exploring the use of transport corridors like Baku-Tbilisi-Ceyhan and Baku-Supsa for the transportation of oil and gas. This will not only diversify supply routes but also improve logistics, which is crucial for enhancing energy security," Jumagulov noted.
He also stressed the importance of advancing renewable energy: "We are focusing on the development of solar and wind power plants, aligning with global trends toward cleaner energy sources."
On the subject of transport and logistics, Jumagulov pointed out that "modernizing infrastructure and developing integrated systems will reduce logistics costs and streamline transport flows, helping to strengthen economic integration between Central Asia, the Caucasus, and Europe."
He also highlighted the potential for collaboration in the agro-industrial sector. "We can exchange agricultural technologies and develop joint processing capacities, improving product quality and boosting food security."
"Innovation and high technology are also key areas for cooperation. Joint efforts in economic digitalization, cybersecurity, and the creation of tech clusters will help accelerate technological progress and attract more investment," Jumagulov concluded.