Kazakhstan and Türkiye Sign $2 Billion Investment Agreements in Agriculture
During a working visit to Türkiye on Aug. 12, Kazakh Minister of Agriculture Aidarbek Saparov signed documents worth $2 billion in the field of investment in the agro-industrial complex and trade in agricultural products with Turkish Minister of Agriculture and Forestry İbrahim Yumaklı, reported the Kazakh Agriculture Ministry’s press service.
Saparov highlighted the robust growth in Kazakh-Turkish agricultural relations, with a 13% increase in trade turnover in 2023. Kazakhstan, a traditional supplier of crop products to Türkiye, is now ready to export meat following the removal of livestock restrictions in June. The Kazakh delegation, including livestock and meat processing companies, discussed these developments with Yumaklı and stressed the need for faster inspection processes by the Turkish veterinary service. Saparov also underscored the importance of boosting grain and oilseed exports to Türkiye, given the anticipated good harvest.
The visit led to the signing of three cooperation agreements in agricultural science between Kazakhstan’s National Agrarian Scientific and Educational Center and Türkiye’s General Directorate of Agricultural Research and Policies, Sivas University of Science and Technology, and the Turkish Beekeepers Association.
Kazakhstan has executed six investment projects with Turkish investors and plans ten more, totaling $553 million. These projects cover greenhouse complexes, deep processing plants, and vegetable storage facilities.(Source:astanatimes)
