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Turkmenistan and Kazakhstan plan to create special border trade zone

Turkmenistan Materials 6 October 2022 18:53 (UTC +04:00)
Turkmenistan and Kazakhstan plan to create special border trade zone
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, October 6. Turkmenistan and Kazakhstan are planning to create a special border trade zone, Trend reports via “Business Turkmenistan” news agency.

This was announced by the Ambassador of Kazakhstan to Turkmenistan Askar Tazhibayev.

According to him, great attention is currently being paid to the potential of interaction between the Mangystau region of Kazakhstan and the Balkan region of Turkmenistan. In the future - creation of a special trade zone on the border of the two countries.

Furthermore, the Ambassador noted that the trade turnover between Turkmenistan and Kazakhstan for the first seven months of 2022 amounted to $228.8 million, and for the whole of 2021 amounted to $254.3 million.

Tazhibayev stressed that in the next 5 years Turkmenistan and Kazakhstan intend to increase the level of trade turnover to $1 billion.

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