Bilateral Trade - The Times Of Central Asia

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agricultural exports

Kazakhstan’s Agricultural Exports to Iran Nearly Double in 2025

Kazakhstan’s agricultural exports to Iran nearly doubled in 2025, driven by a sharp increase in grain shipments, Agriculture Minister Aidarbek Saparov said during talks with Iranian Minister of Industry, Mine and Trade Seyyed Mohammad Atabak. According to Kazakhstan’s Agriculture Ministry, agricultural trade between the two countries rose 55.8% year-on-year to $342 million in 2025, accounting for 79% of total bilateral trade. Exports of Kazakhstan's agricultural products increased 97% to $238.5 million. Grain exports more than doubled to 1.1 million metric tons, valued at $225.3 million, Saparov said. “Kazakhstan attaches special importance to expanding cooperation with Iran in the agricultural sector. Our markets complement each other, as demonstrated by the steady growth in bilateral agricultural trade,” he said. The ministers discussed prospects for expanding trade in agricultural products, investment cooperation, and the development of joint projects in the agro-industrial sector. Particular attention was given to increasing Kazakhstan's exports of grain, beef, and lamb that meet international veterinary and halal standards. The two sides also highlighted the potential for expanding supplies of vegetable oils and other food products to the Iranian market. Atabak said Iran was interested in expanding economic ties with Kazakhstan, including through increased agricultural trade, improved transport links, and joint processing projects. “Kazakhstan is an important partner for Iran in the region. We are interested in increasing bilateral trade, expanding agricultural supplies, developing logistics routes, and implementing joint projects in processing and agro-industrial cooperation,” he said. Saparov also invited Iranian investors to participate in projects involving agricultural production and value-added processing, including grain and oilseed processing facilities. The growth in agricultural trade comes despite disruptions to some bilateral projects earlier this year. In April, Kazakhstan’s Deputy Foreign Minister Arman Issetov said several joint projects with Iran had been suspended because of military hostilities there. Trade ties have nevertheless continued to expand. In May, Kazakhstan's vegetable oil producers launched pilot shipments of rapeseed and sunflower oil to Iran via the Caspian Sea, opening a new export route for the sector. Kazakhstan and Iran have set an ambitious target of increasing bilateral trade to $1 billion in the coming years, with plans to double that figure over the longer term, following agreements reached during Iranian President Masoud Pezeshkian’s visit to Astana last year.

Mongolia

Uzbekistan and Mongolia Target $100 Million Trade Turnover

Uzbekistan and Mongolia discussed expanding cooperation in mining, agriculture, transport, and industrial production during the Uzbekistan-Mongolia Business Forum held in Tashkent, according to Uzbekistan’s Ministry of Investment, Industry and Trade. More than 70 companies from the two countries took part in the forum, which brought together government officials, business representatives, and investors seeking to deepen economic ties between Central Asia and Northeast Asia. The delegations were led by Uzbekistan’s Deputy Minister of Investment, Industry and Trade Ilzat Kasimov, Mongolian Ambassador to Uzbekistan Dadanhuu Batbaatar, and Mongolian parliament member Sukhbaatar Erdenebat. One of the main topics was cooperation in geology and mining. The ministry said Uzbekistan’s Ministry of Geology has already started practical work on developing mineral deposits through its representative office in Ulaanbaatar. The sides also reviewed growing trade figures. Uzbekistan’s exports to Mongolia increased by 15.6% in the first quarter of 2026, and both governments set a target of raising annual bilateral trade turnover to $100 million. Industrial cooperation focused heavily on processing Mongolian wool and cashmere in Uzbekistan for export markets. In agriculture, officials discussed plans to increase the number of Mongolian sheep raised in Uzbekistan to one million by 2029, while Uzbek irrigation technologies may also be introduced in Mongolia. Transport and logistics were another key area of discussion. Participants explored launching freight transportation along the Uzbekistan-Kyrgyzstan-China-Mongolia corridor, which could improve trade routes between Central and East Asia. The forum included B2B and G2B negotiations involving companies such as Suzur Health Med, Prime Nomadic Meat, and Tsamkhag Construction. According to the ministry, the talks resulted in the formation of a package of investment projects and the creation of a permanent mechanism to monitor joint initiatives. Economic ties between the two countries have been growing from a relatively small base. Bilateral trade totaled about $14 million in 2023 but nearly doubled year-on-year, driven by what analysts describe as complementary economies. Uzbekistan exports automobiles, textiles, and agricultural products, while Mongolia supplies livestock products, wool, leather, and minerals.

Foreign Investment

Iranian Company to Build Oil Plant and Poultry Farm in Kazakhstan

Iranian companies are increasingly looking to Kazakhstan for investment and production as tensions between the United States and Iran continue. Iran’s Golrang Industrial Group plans to implement two major projects in Kazakhstan: the construction of a sunflower oil production plant and a poultry farm for meat production. Agreements on the projects were reached on May 4 between Kazakhstan’s Deputy Minister of Agriculture Yermek Kenzhekhanuly and Golrang’s leadership, with total investment estimated at approximately $120 million. At the meeting, Golrang Industrial Group expressed strategic interest in developing its business in Kazakhstan and localizing production. According to the Ministry of Agriculture, the first project involves the construction of an oil extraction plant with a processing capacity of up to 3,000 tons of sunflower seeds per day, with direct investment of approximately $70 million. The project is expected to increase the processing depth of Kazakh agricultural raw materials and boost the added value of finished products. Investment in the second project, a poultry meat farm, is estimated at approximately $50 million. The projects come against a backdrop of steadily growing cooperation between Kazakhstan and Iran. In 2025, bilateral agricultural trade increased by 55.8%, exceeding $341 million. Exports of Kazakh products, primarily wheat and barley, have also grown significantly.

Agriculture

Uzbekistan Leases 4,000 Hectares in Belarus, Signs 60,000-Ton Export Deal

Uzbekistan’s Kashkadarya region has agreed to lease 4,000 hectares of farmland in Belarus and signed a major export contract as part of efforts to expand agricultural cooperation between the two countries, according to Dunyo Information Agency. The agreements were reached during a working visit to Belarus by a delegation from Kashkadarya region. As part of the trip, Uzbek representatives visited livestock and retail facilities in the Vitebsk region, including the districts of Braslav, Shumilino, and Postavy, where they studied local production practices. Talks with the leadership of the Vitebsk Regional Executive Committee focused on strengthening economic ties and building joint production chains. One of the key outcomes was a deal between Uzbek companies “Asl Yuksalish Savdo” and “Muborak qorako‘lchilik” and the Belarusian “Sirotinsky” livestock farm. Under the agreement, the Uzbek side will lease farmland on a long-term basis to launch an agricultural project. The first stage involves breeding 1,000 head of cattle, marking the beginning of a broader investment in livestock production. At the same time, Uzbekistan is expanding its export presence in the Belarusian market. “Asl Yuksalish Savdo” signed a contract with the retail chain CJSC “Dobronom” to supply 60,000 tons of agricultural products annually. The shipments will include dried fruits, legumes, melons, and grapes. The visit also included discussions on tourism and cultural cooperation. The two sides agreed to organize study tours for tourism sector representatives to boost travel exchanges. Cultural ties are also expected to deepen, with plans for performances by the Kashkadarya Regional Theater in Minsk ahead of an upcoming high-level visit. The agreements build on broader economic cooperation between the two countries. Earlier this year, Belarus announced plans to increase bilateral trade with Uzbekistan to $2 billion by 2030. Speaking after talks with Uzbek Prime Minister Abdulla Aripov, Belarusian Prime Minister Aleksandr Turchin described the target as “ambitious but achievable,” noting that trade turnover is already approaching $1 billion.

Strategic Partnership

The Astana-Tashkent Tandem: A Developing Partnership Based on Mutual Interest

On April 11, Kazakhstan’s President Kassym-Jomart Tokayev paid a working visit to Uzbekistan, where he was hosted in Bukhara by President Shavkat Mirziyoyev. The historic city provided the setting for discussions that increasingly reflect a broader regional agenda. A second informal meeting in just over a year suggests this format may be gaining weight in relations between Central Asia’s two largest economies. “The informal format is of strategic importance, since such meetings make it possible to discuss sensitive issues without protocol constraints, build personal trust between leaders, which plays a key role in Central Asia, and align positions ahead of official negotiations,” said Uzbek political analyst Ravshan Nazarov. He added that such meetings reflect a growing intra-regional focus, reduced dependence on external actors, and the strengthening of the “Tashkent-Astana” tandem. During the talks, Tokayev emphasized the importance of the visit “given the current unstable geopolitical situation.” The two sides reviewed bilateral cooperation across multiple sectors. Trade turnover reached $5 billion last year, with both countries aiming to double this figure to $10 billion in the near term. Joint projects are already underway in automotive manufacturing, infrastructure, logistics, electrical engineering, and construction materials. The discussion also extended to other sectors, including energy and industrial cooperation. Both Presidents stressed the need to modernize border infrastructure, eliminate bottlenecks, and develop efficient transport corridors to external markets. They also discussed accelerating major regional projects, including the construction of the Kambarata hydropower plant and advancing “green” energy exports. Tokayev also voiced his support for Uzbekistan’s “Clean Air” initiative, highlighting environmental challenges in Almaty. “I share your concern regarding the environmental condition of Tashkent. We have a very difficult situation in Almaty. Unfortunately, Almaty has entered the list of the most polluted major cities in the world, and urgent measures must be taken. Therefore, we could propose the joint implementation of the ‘Clean Air’ initiative under presidential patronage,” Tokayev said. The reference to Almaty also recalled the setting of the previous informal meeting on March 29, 2025. During that visit, Mirziyoyev toured the Medeu high-mountain sports complex and visited the National Museum of Arts, where an exhibition featuring works by Abilkhan Kasteev and Ural Tansykbayev was organized. That visit drew attention to the city’s preparedness for high-level events. Tokayev subsequently instructed then-Mayor of Almaty, Yerbolat Dossayev, to improve conditions in the city and report regularly on progress. In May 2025, Dossayev was dismissed as mayor and reassigned to the Presidential Administration. He was later also relieved of that post. In contrast, the Bukhara program was more extensive. Mirziyoyev presented industrial and technological projects, including a cotton-textile cluster, an artificial intelligence hackathon, and several cultural landmarks, including the mausoleum of Bahauddin Naqshbandi, founder of the Naqshbandi Sufi order. The discussions themselves also appeared more substantive, covering areas such as rare earth metals, transport, energy, and information technology. “When discussions include not only trade but also rare earths, transport, energy, and IT, it indicates a shift toward strategic thinking. The focus is no longer just on trade turnover,...

Bilateral Trade

Ukrainian Deputy Foreign Minister: Astana and Kyiv Seeking to Restore Trade

Ukrainian Deputy Foreign Minister, Olexandr Mishchenko, discussed prospects for trade and economic cooperation, including the possible resumption of the Intergovernmental Commission on Trade and Economic Cooperation, during a meeting on April 2 with Serik Zhumangarin, Kazakhstan’s Deputy Prime Minister and Minister of the National Economy. In comments to The Times of Central Asia, the Ukrainian Foreign Ministry representative said Astana and Kyiv are aiming to restore bilateral trade. Trade between Kazakhstan and Ukraine reached approximately $5.5 billion annually before the war but has since declined sharply. However, according to Kazakh data, the situation has begun to improve. The Ministry of National Economy reported that trade turnover between the two countries totaled $415.8 million in 2025, up 5.4% from $394.3 million in 2024. Kazakhstan’s main exports to Ukraine include ferroalloys, fertilizers, and rice, while imports from Ukraine consist of chocolate and other cocoa products, flour and confectionery, medicines, cheese, and cottage cheese. [caption id="attachment_46523" align="aligncenter" width="960"] Image: Ukrainian Embassy in Kazakhstan[/caption] Astana and Kyiv also intend to expand the range of goods traded. During interdepartmental consultations held in Astana, the sides discussed trade, investment, agriculture, logistics, and humanitarian cooperation, with a focus on export diversification. They agreed to intensify business contacts, consider resuming the Intergovernmental Commission, and expand cooperation in priority sectors, particularly the agro-industrial complex. Mishchenko said the countries also plan to strengthen cooperation in the energy sector and restore logistics chains. Until 2022, Ukraine provided key transit routes for Kazakh exports to Europe. Before 2022, a significant share of Kazakhstan’s westbound trade relied on routes passing through or near Ukrainian infrastructure. The war disrupted those pathways and forced a broader regional shift toward alternative corridors, including routes across the Caspian and South Caucasus, which remain longer, more complex, and often more expensive. “Territorial integrity remains the cornerstone of our cooperation. We are deeply grateful to Kazakhstan for its humanitarian aid: more than 600 tons were collected, particularly during the winter. This support was critical to Ukraine’s resilience,” Mishchenko said. The visit marked the first trip by a senior Ukrainian government representative to Kazakhstan in recent years. A large delegation of Ukrainian entrepreneurs accompanied Mishchenko, seeking to re-establish business ties with Kazakh partners. “Ukraine is already looking toward the post-war future, and concrete proposals for cooperation, including in energy, are being developed through bilateral engagement with Kazakhstan,” Mishchenko told The Times of Central Asia. “Kazakhstan’s energy resources create opportunities for mutually beneficial cooperation, including potential integration into Ukrainian markets.” Mishchenko noted that a Ukrainian business mission, the first in many years, visited Kazakhstan, including the Pavlodar Region, a major industrial hub with significant heavy industry and energy capacity. “This creates real demand for modernization, engineering solutions, and equipment supplies,” he said. The delegation held meetings with government officials, financial institutions, and business representatives, alongside regional visits aimed at launching joint projects. In Astana, talks were held with the leadership of Baiterek National Management Holding. Ukrainian entrepreneurs also visited the Astana International Financial Centre and the city administration, where they were briefed...