ASTANA: Kazakhstan and Turkiye have signed investment agreements worth $2 billion across multiple sectors.
The agreements were signed by Kazakh Minister of Agriculture Aidarbek Saparov and Turkish Minister of Agriculture and Forestry İbrahim Yumaklı. These agreements focus on the agro-industrial sector and agricultural trade, according to the Kazakh Agriculture Ministry’s press service.
Saparov noted the robust growth in Kazakh-Turkish agricultural relations, with a 13% increase in agricultural trade turnover in 2023. Traditionally, Kazakhstan exports crop products to Turkiye. Following the lifting of restrictions on livestock products in June, Kazakh producers are now positioned to export meat.
The Kazakh delegation included companies involved in livestock raising, fattening, and meat processing.
Saparov expressed appreciation to Yumaklı for his role in lifting these restrictions and emphasized the need to accelerate the Turkish veterinary service’s inspection process for Kazakh enterprises. He also highlighted the importance of enhancing grain and oilseed exports to Turkiye, especially with a promising harvest anticipated.
The visit also resulted in the signing of three agreements in agricultural science between Kazakhstan’s National Agrarian Scientific and Educational Center and Turkiye’s General Directorate of Agricultural Research and Policies, Sivas University of Science and Technology, and the Turkish Beekeepers Association.
Kazakhstan has successfully completed six investment projects with Turkish investors and plans to undertake ten additional projects, totaling $553 million. These projects include building greenhouse complexes, deep processing plants for wheat and beans, and vegetable storage facilities.
