Kazakhstan-Georgia trade volume hits $190 million

The Prime Ministers of Kazakhstan and Georgia met in Almaty on August 1 to discuss key issues of cooperation in trade, transportation, and logistics, Turanews.kz reports.

Alikhan Smailov, the Prime Minister of Kazakhstan, emphasized that his country sees Georgia as an important and reliable partner in the South Caucasus. He noted that the volume of trade between the two countries has increased by almost 30% over the past six months, and now stands at $190 million.

Smailov also highlighted the importance of transit transportation in bilateral relations. He said that the two countries are working together to develop the Trans-Caspian International Transport Route (TITR), which has seen a 77% increase in cargo transportation in the first half of 2023.

The Prime Minister of Kazakhstan added that the interstate agreements reached between the two countries have provided additional impetus to promote key issues, such as digitalization, ensuring stable tariffs for transportation, and the establishment of a single logistics operator along the TITR.

Irakli Garibashvili, the Prime Minister of Georgia, reaffirmed his country’s readiness to strengthen effective interaction with Kazakhstan across several areas of cooperation.

“We previously discussed ambitious plans for the implementation of projects that are interesting for both our countries,”, Garibashvili said.

“We pay great attention to the development of the Middle Corridor and joint plans in this direction. A corresponding road map has been signed. I believe that our cooperation will continue to be effective.”, he added.

The meeting between the two Prime Ministers was seen as a sign of the strong and growing relationship between Kazakhstan and Georgia. The two countries are committed to working together to promote trade, transportation, and logistics, and to developing the Middle Corridor as a major trade route.