Islamabad (DND) Ambassador of the Republic of Kazakhstan to Pakistan Barlybay Sadykov has said that his country has drafted a road map, aimed at intensifying Pakistan-Kazakhstan bilateral economic cooperation.
In an exclusive interview with the Chief Editor Dispatch News Desk (DND) News Agency Agha Iqrar Haroon in Islamabad, Barlybay Sadykov said that this document is largely about a set of measures, which are to push forward our trade and investment cooperation.
Ambassador Barlybay Sadykov said that certainly, lack of direct geographical communications seriously hamper our bilateral economic and trade cooperation. But even though the current dynamics of trade and economic interaction between our countries could be much better.
The dates provided by Kazakhstan’s statistical authorities make it clear that a trade turnover between Kazakhstan and Pakistan in 2017 amounted to US$ 28,42 million, which was 12% more than for the similar period of 2016 (US$ 25,6 million).
Trade turnover between Kazakhstan and Pakistan in January-August of 2018 amounted to US$ 21.7 million.
The Pakistani export to Kazakhstan largely consists of precious stones and jewelry, textile, chemical and pharmaceutical products, agricultural and food goods, vegetables, shoes, leather items, sport and medical equipment, construction materials and etc.
Pakistan imports from Kazakhstan construction and materials, food, machinery and equipment, fertilizers, coal, iron and nonferrous metals, seed oil and etc.
With taking into account Pakistan’s huge market, Kazakhstan may in principle to export to Pakistan energy resources, electricity, mining and agricultural products, in particular wheat and meat, while importing in a large volume from Pakistan products of textile, cotton, leather industry, along with sanitary engineering equipment, medicament and surgical instruments.
