President of Kazakhstan Kassym-Jomart Tokayev and President of Azerbaijan Ilham Aliyev intend to bring trade turnover between the two countries to 1 billion dollars. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
This was reported by Akorda. The parties discussed strengthening trade and economic cooperation and implementing joint projects.
Goal to increase trade volume
At the meeting, the goal of bringing trade between the two countries to 1 billion dollars was confirmed. The presidents also noted the importance of launching the Trans-Caspian fiber-optic communication line.
Trans-Caspian communication line
The line running along the bottom of the Caspian Sea will strengthen digital communication between Kazakhstan and Azerbaijan and enable the formation of an additional digital corridor between Europe and Asia.
Transportation of energy resources
In addition, the parties considered the issue of increasing the volume of transportation of Kazakhstan's energy resources through Azerbaijan.
Joint projects and sectors
The implementation of joint projects in industry, energy, transport, logistics and agriculture was also discussed. The heads of state noted the strengthening of cultural and humanitarian ties.
Education, tourism and interparliamentary cooperation
In particular, attention was paid to the further development of education, tourism and interparliamentary cooperation.