Trade4go Summary
Prime Minister of Kazakhstan, Olzhas Bektenov, and Deputy Prime Minister of Thailand, Phamtum Vechaiyachai, have discussed the potential for enhancing trade relations and implementing joint investment projects. The talk focused on increasing the export of Kazakh agricultural products to Thailand, including meat, vegetables, fruits, grain crops, flour products, vegetable oils, and other agricultural goods. In 2023, trade turnover between the two nations reached 367 million dollars. After the meeting, an agreement on economic cooperation was signed, aiming to broaden the scope of cooperation in areas such as trade, economics, and investment. The potential of utilizing Kazakhstan's transit potential through the Trans-Caspian route was also explored.
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Original content
Prime Minister of Kazakhstan Olzhas Bektenov met with Deputy Prime Minister of the Kingdom of Thailand Phamtum Vechaiyachai, where they discussed prospects for developing trade, implementing joint investment projects and increasing the export of Kazakh agricultural products. This was reported by the press service of the head of the Government of the Republic of Kazakhstan. According to official data, in 2023, trade turnover between Kazakhstan and Thailand reached 367 million dollars. The parties considered the possibility of expanding the range of Kazakh agricultural products supplied to the Kingdom. In particular, Kazakhstan is interested in exporting meat, vegetables and fruits, grain crops, flour products, vegetable oils and other agricultural products. “We are developing a national commodity distribution system with the appropriate infrastructure for storing and distributing agricultural products. This will create the necessary conditions for the formation of an agro-food hub ...