Uzbek-Kazakh trade turnover exceeds $2 bln

Business Materials 31 January 2012 18:44 (UTC +04:00)

Uzbekistan, Tashkent, Jan. 31 / Trend D. Azizov /

The trade turnover between Uzbekistan and Kazakhstan hits more than $2 billion for the first 11 months of last year, Kazakh ambassador to Uzbekistan Boribay Zheksembin said at a news briefing on Tuesday.

He said that the cooperation between the two countries in economic sphere entered a new level. Each year the trade turnover between the two countries increases in exports and imports of products.

"Today, Kazakhstan has an important place in the bilateral trade turnover among Uzbekistan's economic partners," he said. "This is not the limit. The new agreements are signed between governments, ministries and agencies almost after every meeting of our presidents. All this gives a new impetus to further cooperation between the two countries."

He stressed that trade turnover and investment directions will develop in the future.