Pakistan, Kazakhstan set to boost trade and regional connectivity

MG News | September 09, 2025 at 05:03 PM GMT+05:00
September 09, 2025 (MLN): Pakistan and Kazakhstan have agreed to elevate their relationship into a comprehensive economic partnership, focusing on deeper trade, industrial cooperation, and enhanced regional connectivity.
The understanding was reached during a meeting in Islamabad
between Federal Minister for Commerce Jam Kamal Khan and Kazakhstan’s Minister
of Trade & Integration Arman Shakkaliyev.
Both sides emphasized the need to unlock their true trade
potential, noting that current bilateral trade remains far below expectations
but could be raised to USD 1 billion in the near future.
Agriculture, leather, SMEs, and IT were identified as key
sectors for collaboration, with Kazakhstan offering its strong export base in
grain, beet, and sunflower oil, while Pakistan extended expertise in leather
processing through technology transfer and joint ventures.
A milestone in this partnership will be the upcoming signing
of the Pakistan–Kazakhstan Transit Trade Agreement, aimed at boosting regional
connectivity and facilitating trade flows between Central Asia and South Asia.
The ministers also agreed to strengthen business-to-business
engagement through forums, exhibitions, and trade missions, building on recent
initiatives such as the Pak–Kazakhstan Business Forum and the Globe Pakistan
Summit.
Reviewing progress under the 13th Session of the
Pakistan–Kazakhstan Intergovernmental Commission, the two sides reaffirmed
their shared commitment to expand cooperation in agriculture, industry,
logistics, and digital trade.
Minister Jam Kamal Khan stressed Pakistan’s readiness to
facilitate Central Asian trade through its ports and transport networks,
emphasizing that collective action and connectivity are vital for regional
prosperity.
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