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08 August 2024 | 17:24
Azerbaijan President arrives in Kazakhstan
Tengrinews.kz - Azerbaijan President Ilham Aliyev has arrived in Astana to participate in the VI Consultative Meeting of Central Asian Heads of State.
ПОДЕЛИТЬСЯ
Tengrinews.kz - Azerbaijan President Ilham Aliyev has arrived in Astana to participate in the VI Consultative Meeting of Central Asian Heads of State.
Prime Minister of Kazakhstan Olzhas Bektenov met Ilham Aliyev at the capital airport.
According to the Kazakhstan government press service, relations with Azerbaijan are developing in trade and culture. Trade turnover increased by 14.3% last year, reaching $529.4 million. In the first half of 2024, it amounted to $280.6 million.
Joint projects are being implemented in oil and gas, transport, digital and space spheres. They include the Trans-Caspian route, a fiber-optic line and an electric cable along the Caspian Sea bed. A joint Direct Investment Fund for co-operation has been established.
"Over the past five years (2018-2023), the volume of mutual trade has increased from 5.7 to 11 billion dollars. Last year, Kazakhstan's trade with CA countries increased by 26.8% and reached $8 billion", - writes the press service.
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