Tokayev outlines trade, investment and technology priorities at Organization of Turkic States summit

Tokayev outlines trade, investment and technology priorities at Organization of Turkic States summit
Photo: Tengrinews

Kazakh President Kassym-Jomart Tokayev addressed the 13th summit of the Organization of Turkic States (OTS) in Turkey. Tokayev, who arrived on an official visit on October 28, said Kazakhstan's trade turnover with OTS member states is approaching $10 billion this year, up 40 percent from last year, according to the Akorda presidential press service as reported by Tengrinews.

Tokayev said maintaining this momentum requires the quality implementation of the Turkic World Vision 2040 programme and the early adoption of the OTS Strategy for 2027-2031. He said the five-year strategy should focus on concrete projects. He also called for fuller use of the Turkic Investment Fund and the Turkic Chamber of Commerce and Industry, proposed a business forum in Kazakhstan in 2027, and urged financial and other support for the Council of Elders.

Tokayev named transport and logistics partnership a priority, citing official data showing cargo transport along the Middle Corridor rose 30 percent in nine months, with transit up 90 percent. Rail cargo between Kazakhstan and OTS states grew 10 percent to near 40 million tonnes, while road freight rose 20 percent to 6.5 million tonnes. He said the North-South corridor and the Belt and Road initiative also remain important for Kazakhstan.

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

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