Kyrgyz-Kazakh trade turnover hits $780 million

Business Materials 5 December 2012 17:42 (UTC +04:00)

Azerbaijan, Baku, Dec. 5 / Trend V. Zhavoronkova/

The trade turnover between Kyrgyzstan and Kazakhstan amounted to $780 million in 2012, Kyrgyz Parliament member Abdrakhman Mamataliyev said, KyrTAG reported on Wednesday.

He mentioned that the economic cooperation between the two states is dynamically developing year by year.

According to the Kyrgyz Economy Ministry, Kazakh investments into Kyrgyz economy in 2011 amounted to $1.4 billion.

The Kyrgyz side hopes that after the Kyrgyz-Kazakh investment fund is put into operation, the volume of investment will increase, Mamataliyev added.