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Kazakhstan to launch vehicle export to Tajikistan

Business Materials 12 July 2019 15:50 (UTC +04:00)

Baku, Azerbaijan, July 12

By Nargiz Sadikhova - Trend:

Kazakhstan together with Tajikistan signed a number of agreements on supply of vehicles worth over $22 million, Trend reports with reference to the press office of prime minister of Kazakhstan.

The signing of agreements on the supply took place within the framework of the meeting of Prime Minister of Kazakhstan Askar Mamin with the President of Tajikistan Emomali Rahmon in the capital of Tajikistan Dushanbe.

The contract on supply of Jac brand cars worth $665,000 was signed between SaryarkaAutoProm (Kazakhstan) and Holding Asia Group Tajikistan. The contract on supply of tow trucks, tourism buses worth $1.5 million was signed between HyundaiTrans Avto Kazakhstan and Holding Asia Group Tajikistan. The agreement on cooperation worth $20.7 million was signed between AgromachHolding Kazakhstan, TajikSelkhozLeasing and KazakhExport.

Askar Mamin further noted that Kazakhstan is aiming at expansion of mutually beneficial partnership with Tajikistan.

In turn, Prime Minister of Tajikistan Kokhir Rasulzoda also stated that Kazakhstan is the second largest partner of Tajikistan by trade turnover. There are major prospects for Kazakhstan to become the biggest partner of the country. Taking this into consideration both countries work on increase of mutual trade volume to $2 billion during next three or four years.

The volume of bilateral trade between countries increased by 8.2 percent in 2018, whereas the trade turnover amounted to $900 million. Furthermore, the volume of export and import via automobile transport increased by 2.9 times and amounted to 16.9 million tons.

(1 USD = 383.91 KTZ on July 12)

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