Islamabad, 15 September 2023 (TDI): H.E. Yerzhan Kistafin, Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan called on Dr Gohar Ejaz, Pakistan’s Federal Minister for Commerce. Both parties expressed their commitment to fostering stronger economic ties with the aim of enhancing regional connectivity and boosting bilateral and transit trade.

During the meeting, Federal Minister for Commerce, Dr. Gohar Ejaz, highlighted Pakistan’s exports to Kazakhstan which currently stand at 150 million dollars.

Pakistan maintains a trade surplus with Kazakhstan, indicating favourable trade conditions and opportunities for further growth.

Kazakhstan, as the largest economy among the Central Asian Republics, presents significant potential for economic cooperation. Kazakhstan boasts a substantial international trade volume.

buy zovirax online no prescription pharmacy

Yerzhan Kistafin, Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan called on Dr Gohar Ejaz, Federal Minister for Commerce.
Yerzhan Kistafin, Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan (L) called on Dr Gohar Ejaz, Federal Minister for Commerce (R).

Both nations are actively considering a Transit Trade Agreement, with a commitment to expedite the signing process.

The Quadrilateral Traffic in Transit Agreement is pivotal in facilitating trade between Pakistan and Kazakhstan, offering a shorter and more efficient transit route.

Pakistan expresses its keen interest in enhancing collaboration and trade in the pharmaceutical sector, recognizing the potential for growth and cooperation.

Ambassador Yerzhan Kistafin reciprocated with key insights and proposals, including highlighting Turkmenistan’s favourable tariffs, surpassing those offered by Uzbekistan, in an effort to further facilitate trade between the two nations.

Also Read: Ambassador of Kazakhstan welcomes investors from Pakistan

Kazakhstan aims to develop textile cooperation with Pakistan, seeking to strengthen ties in this industry.

The proposal of establishing sister city relationships, such as Shymkent and Faisalabad, as well as Multan and Taras, reflects Kazakhstan’s commitment to fostering city-to-city ties.

buy propecia online no prescription pharmacy

The Ambassador expressed the need to finalize a Customs Agreement to streamline trade processes.

buy azithromycin online no prescription pharmacy

He also expressed his interest in developing trade routes to Africa via the Gwadar and Karachi seaports, showcasing the strategic potential of these ports.

Furthermore, the Ambassador conveyed the willingness of Kazakhstan’s Minister of Trade to visit Pakistan. The trade minister will be accompanied by the Kazakh business community, to promote robust business-to-business trade.

Minister Gohar Ejaz called for collaboration in the fashion textiles and fashion design sectors to further boost bilateral trade.

This was reciprocated by the Ambassador with an offer from Kazakhstan’s Association of Craftsmanship, Singers, and Designers to visit Pakistan and showcase their work, fostering cultural exchange and trade.

This meeting between the Ambassador of Kazakhstan and the Federal Minister for Commerce signifies a significant step towards strengthening economic ties, enhancing regional connectivity, and promoting bilateral trade.

Both nations are committed to exploring avenues of collaboration that will benefit their economies and contribute to the prosperity of the region.

Previous articlePakistani Ambassador stresses Pak-US investment potential
Next articleNicaragua Independence Day 2023
The Diplomatic Insight, Pakistan's premier Public Diplomacy Magazine, has been at the forefront of promoting Peace Through Informed Dialogue since its inception in 2009. With both print and electronic versions, this decade-old media house is offering research, analysis, and public diplomacy outreach to clients in Pakistan and across the globe. TDI is now offering Amazon Kindle Self Publishing Services to diplomats, ambassadors, political leaders, academicians, and other civil society leaders to be the next best-seller authors. With access to 11 global markets and the option to translate your work into 11 languages, you can reach up to 300 million readers worldwide and unlock your personal and country branding.