Kazakhstan and Armenia Negotiate on Trade and Transport Cooperation

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Following negotiations on 15 April in Yerevan, with Armenian Prime Minister Nikol Pashinyan, Kazakh President Kassym-Jomart Tokayev stated that with regard to furthering cooperation, the countries enjoy “unshakable friendship and mutual support.”

With reference to developing a more comprehensive partnership, he cited their common goals as expanding and activating bilateral ties, and strengthening regional and international security.

Negotiations also focused on enhancing cooperation in economic and investment and the Kazakh president reported, “We – both agreed – that it is necessary to look for new directions that will give impetus to the growth of trade turnover. Kazakhstan is ready to increase its exports to Armenia to $350 million.”

Tokayev stressed that development of the transport and logistics sector is key to strengthening Kazakh-Armenian cooperation and hailed Armenia’s readiness to restore transit communications in the South Caucasus under the ‘Crossroads of Peace’ initiative. Aimed at developing communications between Armenia, Turkey, Azerbaijan, and Iran, the Armenian-proposed initiative includes renovating, building, and operating roads, railways, pipelines, cables, and electricity lines. In addition, the Kazakh president welcomed proposals for the operation of direct flights between the countries’ capitals and other cities.

Pashinyan likewise emphasized the significant headway made during the negotiations, saying, “We have identified further prospects for strengthening our cooperation, including – transport and logistics. We agree that despite the constant growth in trade turnover, there is still unrealized potential for the development of trade and economic cooperation.”

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Times of Central Asia