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Kazakhstan goes to deal with Kyrgyzstan in setting up trade, logistics complex

Kazakhstan Materials 18 September 2024 17:42 (UTC +04:00)
Kazakhstan goes to deal with Kyrgyzstan in setting up trade, logistics complex
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, September 18. Kazakhstan’s President Kassym-Jomart Tokayev signed the law "On ratification of the Agreement between the Government of the Republic of Kazakhstan and the Cabinet of Ministers of the Kyrgyz Republic on the establishment and regulation of the activities of the industrial trade and logistics complex in the area of ​​the Karasu and Ak-Tilek road checkpoints," Trend reports via Akorda.

According to the draft law, the proposed complex will span roughly 7.6 square kilometers, with the Kazakh section taking up around 3.6 square kilometers and the Kyrgyz section covering about 4 square kilometers.

The facility is set to provide industrial cooperation in areas such as warehousing, storage, consolidation, processing, and the manufacturing of new products, ensuring effective integration into international supply chains.

Services offered by the complex will include temporary storage, logistics, rental of trading spaces, pre-sale preparation (including calibration, sorting, packaging, and product certification), consolidation and redistribution of wholesale goods, loading and unloading, and handling of export-import documentation, as well as legal and financial consultations.

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