Afghanistan, Kazakhstan aim to boost bilateral trade to $3 billion
Summarized and contextualized by DistantNews.
At a glance
- Afghanistan and Kazakhstan aim to increase bilateral trade to $3 billion, focusing on economic cooperation and transit links.
- Officials from both countries met at a trade forum in Kabul, highlighting increased trade volume and investment opportunities.
- Kazakhstan expressed interest in investing in Afghanistan, viewing its stability as crucial for regional ties.
Afghanistan and Kazakhstan are setting an ambitious target to boost their bilateral trade to $3 billion, signaling a renewed focus on expanding economic cooperation, strengthening transit routes, and fostering mutual investment.
This objective was a key outcome of the Afghan-Kazakh trade forum held in Kabul. The event brought together high-level officials, including Afghanistan's Minister of Industry and Commerce, Nooruddin Azizi, and Kazakhstan's Deputy Prime Minister and Minister of National Economy, Serik Zhumangarin. The forum featured an exhibition and business meetings, underscoring a shared commitment to enhancing economic ties.
Minister Azizi highlighted the significant growth in trade between the two nations, noting a nearly 100 percent increase between 2022 and 2025, and a 41 percent rise compared to the previous year. He described the $3 billion trade target as realistic and achievable, contingent upon intensified efforts in facilitation, banking cooperation, and improved transit infrastructure.
Kazakhstan's Deputy Prime Minister emphasized the importance of Afghanistan's stability for the region and expressed Kazakhstan's keen interest in investing across various sectors in Afghanistan. He views Afghanistan as a potential hub connecting Asian countries, making robust regional ties essential.
The three-day exhibition showcased products from both countries, with 50 stalls representing diverse sectors. Both sides are committed to creating new partnerships, exchanging experiences, and expanding economic cooperation to reach the ambitious trade goal.
Originally published by Pajhwok Afghan News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.