Kazakhstan’s investments to Uzbekistan exceed reverse investments 10 times in 8 years
Kazakhstan, Astana, June 6 / Trend D. Mukhtarov /
Investments of Kazakhstan to Uzbekistan from 2004 to 2012 exceeded the reverse investments by 10 times, press service of the Ministry of Economy and Budget Planning of the Republic of Kazakhstan reported on Tuesday.
"During the period from 2002 to 2012, the inflow of direct investments from Uzbekistan to Kazakhstan's economy amounted to $ 10.5 million while the volume of Kazakh investments in Uzbekistan from 2004 to 2012 amounted to $ 102 million dollars," the statement says.
According to the ministry, the volume of the foreign trade turnover between Kazakhstan and Uzbekistan for 2012 totaled nearly $ 2.1 billion, which is 11 percent more than in 2011. Kazakhstan's exports to Uzbekistan in 2012 amounted to 1.344 billion (up 14 percent), while the import from Uzbekistan to Kazakhstan amounted to 817 million dollars (up six percent).