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Economy

Trade turnover between Uzbekistan and Kazakhstan reach US$3.061bn in Jan-Sep

Trade turnover between Uzbekistan and Kazakhstan reach US$3.061bn in Jan-Sep
Trade turnover between Uzbekistan and Kazakhstan reach US$3.061bn in Jan-Sep
Tashkent, Uzbekistan (UzDaily.uz) -- Trade turnover between Uzbekistan and Kazakhstan reached US$3.061 billion in nine months of 2014.

According to the Uzbek side, the growth rate made up 25.7% compared to the same period of 2013.

Trade turnover between two states rose by 18% year-on-year in 2013 and reached US$3.224 billion.

Uzbekistan exports to Kazakhstan fruits, vegetables, textile goods, transport means, services, fertilizers, construction materials, and others.

In its turn, Uzbekistan imports ferrous and nonferrous metals, fats and oils of animal and vegetable origin from Kazakhstan.

Currently, there are 177 enterprises with Kazakh investments in Uzbekistan.

At the same time, Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan accredited three Kazakh firms and companies. About 125 companies with Uzbek capital operate in Kazakhstan.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.