Astana (TDI): Kazakhstan and Armenia have reviewed prospects for expanding trade and economic ties, with Astana estimating additional export opportunities worth up to $350 million.
The discussions took place on September 19 during the 11th meeting of the Intergovernmental Commission on Economic Cooperation, held online and co-chaired by Kazakhstan’s Deputy Prime Minister and Minister of National Economy Serik Zhumangarin and Armenian Deputy Prime Minister Mher Grigoryan.
Talks covered a broad range of areas, including trade, investment, transport, agriculture, healthcare, culture, and tourism.
Officials noted that Armenia remains a key partner for Kazakhstan in the South Caucasus, backed by strong political dialogue and active humanitarian cooperation.
Read More: Kazakhstan Shows Progress in Anti-Money Laundering Efforts
Trade turnover between the two countries stood at about $36 million in 2024 and reached $28.7 million in the first seven months of 2025.
Zhumangarin said Kazakhstan sees “considerable potential” in boosting exports to Armenia, particularly in metallurgy, petrochemicals, chemicals, and food products.
Transport connectivity was a major focus, with Kazakhstan offering Armenian airlines rights to operate direct flights under its “open skies” regime and requesting reduced airport fees in Yerevan.
Read More: EDB Projects 5.5% GDP Growth for Kazakhstan in 2025
Both sides also supported the development of new multimodal transport corridors, including the Kazakhstan–Turkmenistan–Iran–Armenia route.
In investment, Kazakhstan expressed readiness to launch joint agricultural processing projects in Atyrau and Mangistau, while endorsing Armenia’s plan to expand its jewelry industry under a draft cooperation roadmap.
Kazakhstan also reaffirmed its commitment to supplying wheat to Armenia amid growing regional demand.
The meeting concluded with the signing of a protocol outlining the next steps for deepening economic partnership.
