Kazakhstan invited Armenia to deliver goods through Iran and Turkmenistan

The Armenian-Kazakh business forum, organized by the Union of Industrialists and Entrepreneurs of Armenia and the Astana Diplomatic Club, was successfully held in Yerevan on March 27-31, 2024.

As part of the forum, B2B negotiations took place between business representatives active in various sectors: logistics, industry, IT and trade.

During the business forum, President of the Astana Diplomatic Club Kaiyrbolat Sakhmetov suggested that Armenian carriers more actively use the Iran-Turkmenistan-Kazakhstan transport corridor.

“Since you border with Iran, I think this proposal may be interesting. Diesel fuel (solar fuel) is inexpensive in Iran and Turkmenistan. We border with Turkmenistan, with Iran - connected to it by rail,” he said.

According to him, Armenia can load its products onto Iranian or Turkmen trucks or railways, the goods will be delivered to a dry port on the border with Turkmenistan, and from there a train can be loaded in the direction of any point in Kazakhstan, Central Asian countries, and China.

Over the years since the establishment of diplomatic relations, Kazakhstan and Armenia have built strong ties of friendship and mutually beneficial cooperation. About 25 thousand Armenians live in Kazakhstan, and there are 14 cultural Armenian schools. There are 435 companies with the participation of Armenian capital in the Republic of Kazakhstan, and more than 100 with Kazakh capital in Armenia.

Trade turnover between the countries has been growing steadily in recent years; in 2023 alone, mutual trade increased by 23%, reaching $53 million. But there is room for further growth. For example, Armenia is ready to increase supplies to Kazakhstan of pharmaceutical and textile products, construction materials, household chemicals, food products (fish, cheese, canned and frozen fruits and vegetables, mineral waters, flowers, and so on). Establishing direct B2B contacts will contribute to the realization of the trade and economic potential of the two countries.

In this context, important points of the business mission program were meetings with representatives of the Armenian National Committee of the International Chamber of Commerce and the Mantashyants International Business Club.