Kazakhstan Plans to Raise Trade Volume with Afghanistan to $3 Billion

Kazakhstan Plans to Raise Trade Volume with Afghanistan to $3 Billion

Kazakhstan is set to raise the volume of its trade with Afghanistan substantially in the coming years. Officials have indicated that the target is to go from the current level of 500 million dollars to as much as 3 billion dollars. This represents a major increase in economic cooperation between the two nations.

The announcement was made by several officials, with particular comments from Erkin Tokumov. Tokumov is the Special Representative of the President of Kazakhstan for Afghan Affairs. He has highlighted several factors that will be important for reaching this new trade level.

One of the main elements mentioned is the development of various infrastructure projects. Among them, the Torghundi-Herat railway line will play a fundamental role. This railway is key to improving the capacity for trade and transportation between Kazakhstan and Afghanistan.

Furthermore, Tokumov has described Afghanistan as a key corridor. This corridor is vital for Kazakhstan to gain better access to international ports as well as to the transit routes that lead to South Asia. The position of Afghanistan is strategic for Kazakhstan's trade objectives in the wider region.

The comments also come against the backdrop of recent positive trends in the area. There has been a significant increase in the level of Afghanistan's transactions with a number of Central Asian countries.

In this environment, officials from the Islamic Emirate of Afghanistan are seeking to increase both exports and imports.

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