{"id":51999,"date":"2025-09-09T12:07:01","date_gmt":"2025-09-09T12:07:01","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=51999"},"modified":"2025-09-09T13:11:09","modified_gmt":"2025-09-09T13:11:09","slug":"pakistan-and-kazakhstan-strengthen-economic-ties-eye-1-billion-trade-target","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/pakistan-and-kazakhstan-strengthen-economic-ties-eye-1-billion-trade-target\/","title":{"rendered":"Pakistan and Kazakhstan Strengthen Economic Ties, Eye $1 Billion Trade Target"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-52000\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2025\/09\/WhatsApp-Image-2025-09-09-at-2.38.57-PM-e1757419427484.jpg\" alt=\"\" width=\"500\" height=\"317\" \/>Islamabad, September 9, 2025 \u2013 Pakistan and Kazakhstan on Tuesday pledged to transform their historic and cultural ties into a comprehensive economic partnership, with both sides reaffirming a shared vision for deeper trade, industrial cooperation, and enhanced regional connectivity.<\/p>\n<p>The understanding was reached during a meeting in Islamabad between Federal Minister for Commerce Jam Kamal Khan and Kazakhstan\u2019s Minister of Trade &amp; Integration Arman Shakkaliyev.<\/p>\n<p>Welcoming the Kazakh delegation, Minister Jam Kamal Khan stressed that Pakistan attaches \u201cgreat significance\u201d to its brotherly relations with Kazakhstan and seeks to expand them into a broad-based economic partnership.<\/p>\n<p>He said both countries must work together to unlock their true trade potential, noting that current bilateral trade remains far below expectations.<\/p>\n<p>The Kazakh side acknowledged Pakistan\u2019s role as a key partner in South Asia and expressed confidence that bilateral trade could be raised to USD 1 billion in the near future.<\/p>\n<p>Minister Arman Shakkaliyev underlined that agriculture, leather, SMEs, and IT are promising sectors for cooperation, and highlighted Kazakhstan\u2019s strong export base in beet, grain, and sunflower oil, which could help Pakistan meet domestic demand following recent flood damage to crops.<\/p>\n<p>Discussions placed particular emphasis on agricultural products and leather processing.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"DWEFm666k9\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-kazakhstan-eye-maritime-cooperation-regional-connectivity\/\">Pakistan, Kazakhstan eye maritime cooperation, regional connectivity<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Pakistan, Kazakhstan eye maritime cooperation, regional connectivity&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-kazakhstan-eye-maritime-cooperation-regional-connectivity\/embed\/#?secret=1a2DlhPmZa#?secret=DWEFm666k9\" data-secret=\"DWEFm666k9\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Kazakhstan produces large volumes of grain and beet\u2014already exported to Italy, China, Vietnam, and Bangladesh\u2014while Pakistan may require additional imports of wheat, rice, sugar, and cotton.<\/p>\n<p>On leather, both ministers observed that Central Asia often wastes valuable raw hides and sheepskin due to insufficient processing. Pakistan, with its advanced tanning industry and skilled workforce, offered collaboration in technology transfer, training, and joint ventures. It was agreed to connect the Kazakhstan Leather Association with the Pakistan Tannery Association to formalize this partnership.<\/p>\n<p>A milestone achievement will be the signing of the Pakistan\u2013Kazakhstan Transit Trade Agreement soon. The agreement is expected to enhance regional connectivity and facilitate trade flows between Central Asia and South Asia.<\/p>\n<p>Both sides also agreed to intensify business-to-business engagement. Pakistan has already hosted the Pak\u2013Kazakhstan Business Forum in Karachi earlier this year, where over 250 Pakistani and 80 Kazakh companies participated. The two ministers now endorsed the idea of joint exhibitions, composite pavilions, and trade missions to showcase exportable products.<\/p>\n<p>Kazakhstan\u2019s Gas Trade and Pakistan\u2019s Trade Development Authority (TDAP) would coordinate in preparing business-to-business meetings and sectoral matchmaking.<\/p>\n<p>The ministers also reviewed progress made under the 13th Session of the Pakistan\u2013Kazakhstan Intergovernmental Commission (IGC), held earlier in April 2025, where a roadmap for trade and economic cooperation and an MoU on e-commerce collaboration were signed.<\/p>\n<p>Follow-up initiatives, such as the Globe Pakistan Summit held in July, facilitated B2B meetings between e-commerce entities of both countries.<\/p>\n<p>Minister Jam Kamal Khan reiterated Pakistan\u2019s commitment to facilitating Central Asian trade through its ports and transport networks, stressing that regional prosperity depends on collective action and stronger connectivity.<\/p>\n<p>\u201cPakistan is fully committed towards enhancing regional connectivity and shared prosperity by facilitating global trade of Central Asian Republics through Pakistan,\u201d he said.<\/p>\n<p>Both sides concluded the meeting with a renewed determination to expand cooperation in agriculture, industry, logistics, and digital trade.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"GFqb4GNpcQ\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-august-2025\/\">Pakistan in the World \u2013 August 2025<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Pakistan in the World \u2013 August 2025&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pakistan-in-the-world-august-2025\/embed\/#?secret=BCHMrl6cLw#?secret=GFqb4GNpcQ\" data-secret=\"GFqb4GNpcQ\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad, September 9, 2025 \u2013 Pakistan and Kazakhstan on Tuesday pledged to transform their historic and cultural ties into a comprehensive economic partnership, with both sides reaffirming a shared vision for deeper trade, industrial cooperation, and enhanced regional connectivity. The understanding was reached during a meeting in Islamabad between Federal Minister for Commerce Jam Kamal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":52000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[47,48,124],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/51999"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=51999"}],"version-history":[{"count":2,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/51999\/revisions"}],"predecessor-version":[{"id":52002,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/51999\/revisions\/52002"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/52000"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=51999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=51999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=51999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}