Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Astana, January 8 (Xinhua) — Kazakhstan's exports to the Organization of Turkic States (OTS) reached $7.6 billion, up 17.1 percent, the Kazinform news agency reported on Thursday.
Kazakhstan's Vice Minister of National Economy Asan Darbayev presented data on trade turnover with the amalgamated territorial communities (ATC) at the third General Assembly of the Union of Turkic Chambers of Commerce and Industry. He stated that the total volume of mutual trade amounted to $10.4 billion, with imports from the ATC countries reaching $2.8 billion, and a trade surplus of $4.8 billion.
As A. Darbaev specified, the largest trade turnover was with Turkey (4.36 billion dollars), Uzbekistan (3.88 billion dollars), Kyrgyzstan (1.78 billion dollars) and Azerbaijan (0.39 billion dollars), which together accounted for almost the entire volume of mutual trade within the organization.
According to the Vice Minister, the export growth is primarily driven by increased supplies of copper and copper cathodes, crude oil, wheat, petroleum products, sunflower oil, as well as metallurgy and agricultural products. He noted that this trend reflects growing demand for Kazakhstani products in the markets of Turkic states and is accompanied by an expansion of the range of goods with higher added value.
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