Pakistan keen to cooperate with Kazakhstan in oil and gas sector
The trade turnover between Kazakhstan and Pakistan reached US$57 million in the first nine months of 2022. It grew 18 percent compared to the same period last year. And this is not the limit as the parties intend to boost mutual cooperation. Kazakhstan and Pakistan have a strategic geographic location in South Asia. Therefore, expanding the trade and transport partnership is a promising task for the two countries. This was discussed at the meeting of Kazakh Deputy Prime Minister and Minister of Trade and Integration Serik Zhumangarin with the Pakistani government delegation. In particular, Pakistan is ready to provide Kazakhstan with access to the sea and to the markets of the Gulf states through the Gwadar port. In addition, there are great prospects for cooperation between the two states in the energy sector. This primarily applies to the transit of gas using capacities of the Turkmenistan-Afghanistan-Pakistan-India Pipeline. The Pakistani business community is also interested in cooperation with Kazakhstan. Priority is given to the oil and gas and banking sectors, as well as agriculture.