Azerbaijan and Kazakhstan showcase successful co-op within Middle Corridor

Tokyo, 23 November, /AJMEDIA/

The Middle Corridor is a good example of cooperation between Azerbaijan and Kazakhstan, Director of the Department of International Economic Cooperation of the Ministry of National Economy of Kazakhstan Yerzhan Abish told AJMEDIA.

“The advantageous location of Kazakhstan and Azerbaijan creates favorable conditions for making decisions aimed at increasing trade turnover and developing cooperation. This will allow both countries to derive significant benefits,” he noted.

“There is significant potential between Kazakhstan and Azerbaijan in the sectors of trade, agriculture, industry and other sectors. There are good prospects for improving economic interaction,” Abish added.

Additionally, he noted that in 2022 the turnover between the countries amounted to about $500 million, which indicates the possibility of increasing this figure to $1 billion in the future.

The representative of the Ministry of Economy also emphasized the successful development of energy cooperation between Azerbaijan and Kazakhstan.

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