ASTANA, Kazakhstan, September 25. Trade turnover between Kazakhstan and Tatarstan exceeded $597 million last year, which is 22.5 percent more than in 2021, said President of Kazakhstan Kassym-Jomart Tokayev during a meeting with Rais of Russia's Tatarstan Rustam Minnikhanov, Trend reports.
"There is every reason to emphasize that Kazakh-Tatar cooperation is developing dynamically and occupies an important place in our multifaceted relations with the Russian Federation. Major projects in the field of mechanical engineering are being successfully implemented with the participation of Tatneft and Kamaz companies. There are other projects," Tokayev said.
In turn, Rustam Minnikhanov also drew attention to strengthening trade and economic cooperation between Kazakhstan and Tatarstan.
"We came to Innoprom with a large delegation: more than 100 people, 38 companies. Our task is to ensure that not only our large businesses are represented, not only in trade and economic relations, but we also want our medium and small enterprises to actively work with your country," he said.
Exports of goods from Kazakhstan to Russia from January through May 2023 increased in monetary terms compared to the same period last year by 45 percent, from $2.79 billion to $4.04 billion.
Total trade turnover with Russia in the five months of 2023 reached $10.5 billion ($9.59 in the same period in 2022).
Russia's share in Kazakhstan's trade turnover increased from 18.6 to 18.8 percent.