Kazakhstan's Tokayev to visit Türkiye as trade target set at $15 billion

Kazakhstan's Tokayev to visit Türkiye as trade target set at $15 billion
Photo: Trend

Kazakh President Kassym-Jomart Tokayev will make an official visit to Türkiye on October 28–30 at the invitation of Turkish President Recep Tayyip Erdoğan. In Ankara, the two leaders will discuss developing their expanded strategic partnership, with trade, investment, transport and energy among the key areas. Tokayev will also attend the 13th Summit of the Organization of Turkic States.

Bilateral trade reached $5.4 billion in 2025, up 8.8% year-on-year. Kazakh exports to Türkiye rose 17.7% to $3.9 billion, while imports of Turkish goods fell 9.9% to around $1.5 billion. The two sides have set a target of raising trade to $15 billion. Tokayev said Turkish entrepreneurs have invested around $6 billion in Kazakhstan's economy, while Kazakh investments in Türkiye reach approximately $2.5 billion.

Around 3,800 companies with Turkish capital operate in Kazakhstan, and the two sides have jointly implemented 142 projects worth $7.6 billion. Rail freight between the countries reached 6.4 million tons in 2025, up 35%. Both countries are interested in the Trans-Caspian International Transport Route, known as the Middle Corridor.

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This story was automatically summarised and translated from Trend. All rights to the story belong to its source.

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