Kazakhstan, China announce $100 billion trade target
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Kazakhstan and China announced a new bilateral trade target of $100 billion. The goal was set during a meeting of the Kazakh-Chinese Intergovernmental Commission in Astana.
The Trade Target
Kazakhstan and China have set a new bilateral trade target of $100 billion, according to an announcement from the Kazakh-Chinese Intergovernmental Commission meeting in Astana. The previous target of $50 billion was achieved in 2024. The new goal represents a doubling of trade volumes between the two countries.
Commission Meeting
The announcement was made during the 12th meeting of the Kazakh-Chinese Intergovernmental Commission on Trade and Economic Cooperation. Kazakh Deputy Prime Minister Serik Zhumangarin and Chinese Vice Premier He Lifeng co-chaired the session. The meeting also discussed investment projects in transport, logistics, and energy sectors.
What's Next
The two sides are expected to sign a roadmap for achieving the $100 billion target by the end of 2026. It remains unclear how the target will be affected by global trade tensions and China's economic slowdown.
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Kazakhstan, China announce $100 billion trade target
