The administration of the Abay Region recently met with a delegation from Tarbagatay Prefecture of China's Xinjiang Uyghur Autonomous Region. The discussions revolved around cooperation and joint project implementation, QazMonitor reports citing the Abay Region administration.
During the meeting, the two parties signed a cooperation memorandum covering agriculture, energy, tourism development, trade and economic relations, cross-border transportation routes, e-commerce, and transportation infrastructure improvement.
Akim (Governor) Nurlan Uranhaev emphasized the need to strengthen the strategic partnership with China, noting its pivotal role as a key partner of the Abay region and its significant potential for collaboration in agriculture, green energy, tourism, and e-commerce.
Furthermore, the Abay region has initiated the construction of a logistics center and plans to establish a dry port in Xi'an, boosting trade between Kazakhstan and China.
In 2023, trade between the Abay region and China reached $250 million, with $169.6 million in exports and $80.4 million in imports.