Kazakhstan and Turkey turnover reached $ 3.8 billion in 2013

ASTANA. KAZINFORM - Kazakh Ambassador to Turkey Zhanseit Tuymebayev and Turkish Economy Minister Nihat Zeybekci have discussed future plans for the implementation of the memorandum on the establishment of joint Kazakh-Turkish industrial zones in our country.

photo: QAZINFORM

"The parties noted the importance of the adoption of "New Synergies" 2012-2015 joint economic program which provides for an increase in mutual trade to USD 10 billion and mutual investment to USD 500 million", the press-release of the Embassy of Kazakhstan in Turkey reads. According to a diplomatic mission, the volume of Turkish direct investment in Kazakhstan since 1993 has reached about USD 2 billion, Kazakhstan's investment to Turkey - USD 1 billion. The volume of trade in 2013 amounted to USD 3.8 billion, USD 2.7 billion of which are exports from Kazakhstan, and USD 1.04 billion are imports. Moreover, Kazakhstan has registered more than two thousand companies with Turkish capital.