Kazakhstan and Azerbaijan signed 16 memorandums - "QazTrade" Trade Policy Development Center" JSC
Kazakhstan and Azerbaijan signed 16 memorandums

Kazakhstan and Azerbaijan signed 16 memorandums

The trade turnover between Kazakhstan and Azerbaijan has doubled, reaching a new level of partnership. Cooperation between the two countries is actively developing in trade, industry, logistics, and digitalization.

This was announced by Vice Minister of Trade and Integration of Kazakhstan Aidar Abildabekov at the Kazakhstan–Azerbaijan Business Forum held in Astana. In January–August 2025, mutual trade reached $343.3 million, with Kazakhstan’s exports amounting to $290.8 million, while imports from Azerbaijan increased by more than 58%.

According to the Vice Minister, Kazakhstan proposes expanding the range of goods exported to Azerbaijan. The country is ready to supply up to 14.5 million tons of agricultural products, including grains, oilseeds, flour, oil, and potatoes.

“Today, it is important for us to establish sustainable production links and joint projects. This is the essence of cooperation — we grow not separately, but together, through partnership and competition,” he said.

During the forum, representatives of Kazakhstan and Azerbaijan signed 16 agreements and memorandums. The documents cover areas such as industry, tourism, education, digital technologies, and logistics. These include memorandums between “Kazpost” and Zira Port, the “Atameken” National Chamber of Entrepreneurs and the KOBIA agency, as well as between several private companies from both countries.

One of the key areas of cooperation was the memorandum of understanding between the national export promotion institutions — QazTrade and AZPROMO.

“We see great opportunities in the agro-industrial sector and industrial cooperation. Kazakhstan, together with its Azerbaijani partners, is ready to launch new production facilities, develop processing and packaging industries, and enter third-country markets. For us, cooperation is not just a slogan — it’s a real tool that helps companies reach tangible agreements,” said QazTrade CEO Aitmukhamed Aldazharov.