• About Us
  • Contact Us
  • Cookies Policy
  • Terms of Use
  • Affiliate Disclosure
Wednesday, August 5, 2026
  • Login
Imroze Pakistan
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog
No Result
View All Result
Imroze Pakistan
No Result
View All Result
Pakistan, Kazakhstan set $1bn trade target, sign 37 agreements

Pakistan, Kazakhstan set $1bn trade target, sign 37 agreements

February 5, 2026
0

APP

Islamabad: Pakistan and Kazakhstan on Wednesday agreed to significantly expand bilateral trade and investment ties, setting an ambitious target of increasing trade volume to $1 billion and establishing a joint working committee to prepare a five-year roadmap for economic cooperation.

The understanding was reached during delegation-level talks between Prime Minister Shehbaz Sharif and visiting Kazakh President Kassym-Jomart Tokayev at the Prime Minister’s House, where the visiting leader was accorded a formal guard of honour at the start of his two-day state visit.

Both sides described the visit — the first by a Kazakh president to Pakistan in over two decades — as a milestone in relations between the two countries.

Trade and economic cooperation

Prime Minister Shehbaz said existing trade, estimated at around $250 million, did not reflect the true potential of the partnership. He stressed stronger private-sector engagement and joint ventures to boost commerce and investment.

The two sides agreed to form a working committee of senior ministers and officials to devise a structured plan for expanding trade and economic cooperation over the next five years.

A Pakistan–Kazakhstan Business Forum was also welcomed as a step toward increasing business-to-business contacts.

37 agreements and strategic partnership

During the visit, the two countries signed 37 memorandums of understanding (MoUs) and agreements covering trade, energy, petroleum, transit trade, customs cooperation, railways, digital development, artificial intelligence, health, education, agriculture, climate change, media, culture and security cooperation.

A Joint Declaration on the Establishment of a Strategic Partnership was also signed, elevating ties to a new institutional level.

Key agreements included a Transit Trade Agreement, customs cooperation pact, extradition treaty, railway and maritime cooperation, banking collaboration between central financial regulators, and partnerships between universities and research institutions.

Connectivity and regional integration

Both leaders emphasized improving regional connectivity through road, rail, air and maritime links, including multi-country transport corridors connecting Central and South Asia.

President Tokayev highlighted Pakistan’s ports, particularly Karachi and Gwadar, as potential gateways for Central Asian trade, while discussions also covered restoring direct flights to facilitate business and tourism.

Energy, education and people-to-people ties

The talks also covered cooperation in energy, mining, agriculture, defence, education and cultural exchanges.

Commemorative plaques were unveiled for a Kazakhstan–Pakistan Dostik Sports Centre and new research and academic centres to promote institutional collaboration.

Leadership engagements

Separately, President Tokayev met President Asif Ali Zardari at Aiwan-e-Sadr, where both sides reaffirmed commitments to regional peace, connectivity and sustainable development.

Later, the Kazakh president was conferred Pakistan’s highest civilian award, the Nishan-e-Pakistan, in recognition of his role in strengthening bilateral ties.

Thanking Pakistan for the warm hospitality, President Tokayev invited Prime Minister Shehbaz Sharif to visit Kazakhstan later this year.

Both leaders expressed confidence that the new agreements would translate into practical projects and open “a new chapter” in Pakistan–Kazakhstan relations.

If you want, I can next condense this further into a shorter 350–400 word version for web publishing or create separate stories (trade / MoUs / ceremony) depending on your outlet’s style.

Previous Post

PM Shehbaz vows complete elimination of terrorism, calls for national unity

Next Post

Pakistan marks Kashmir Solidarity Day, PM reiterates support for Kashmiris

Related Posts

U.S. President Donald Trump speaking about US-Iran talks amid tensions over the Strait of Hormuz.
International

US-Iran Talks Trump Claims Negotiations Continue as Tehran Rejects Talks

August 4, 2026
Former Bangladesh Prime Minister Sheikh Hasina during a public appearance amid renewed diplomatic tensions with India.
International

Sheikh Hasina Bangladesh Seeks India’s Position on Ex-PM’s Planned Virtual Address

August 4, 2026
Rescue vessels assist passengers after a ferry caught fire at sea in Indonesia.
International

Indonesia Ferry Fire Five Dead, 41 Missing After Blaze at Sea

August 3, 2026
US President Donald Trump speaks about renewed negotiations with Iran over its nuclear programme and the Strait of Hormuz.
International

US-Iran Talks Trump Says Nuclear Negotiations to Begin as Strait of Hormuz Deal Looms

August 3, 2026
Chinese naval and air forces take part in military exercises near the disputed Scarborough Shoal in the South China Sea.
International

Scarborough Shoal China Holds Joint Air and Naval Drills in Disputed Waters

August 1, 2026
US visa documents representing the State Department's permanent visa bond programme for business and tourist travellers.
International

US Visa Bond State Department Makes Visa Bond Programme Permanent

August 1, 2026
Next Post
Pakistan marks Kashmir Solidarity Day, PM reiterates support for Kashmiris

Pakistan marks Kashmir Solidarity Day, PM reiterates support for Kashmiris

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

CPR Training Device: Karachi Students Develop Smart System to Improve Life-Saving Skills

August 5, 2026

NBP President Makes Favored Appointments to Key Posts Before Leaving Office

August 5, 2026

Prominent hotelier Khalid Sheikh allegedly abducted in Karachi

August 5, 2026

AquaOrange Pakistan: Cybersecurity Firm Opens New Office in Karachi

August 4, 2026

Data Vault Pakistan: Partners with Galaxy Technology to Strengthen Sovereign AI and Cloud Infrastructure

August 4, 2026

Imroze Pakistan is your trusted digital news platform, delivering timely and credible updates from across Pakistan and around the globe. From breaking headlines to insightful features on politics, economy, society, and international affairs — we aim to inform, engage, and empower our readers with facts that matter.

Gallery

British-Pakistani Shatters A-Level Records with 6 World Titles
British-Pakistani Shatters A-Level Records with 6 World Titles
inDrive Wins Gold at Dragons of Pakistan Awards, Secures Spot in Dragons of Asia Competition
inDrive Wins Gold at Dragons of Pakistan Awards, Secures Spot in Dragons of Asia Competition
Sindh CM Marks Independence Day at KCCI, Announces Major Water Projects
Sindh CM Marks Independence Day at KCCI, Announces Major Water Projects

Popular Post

PM Shehbaz Sharif Unite for a Powerful Partnership: Pakistan and Turkey’s Future Plans Revealed!

August 3, 2023

“Strategic Synergy: Faraz-ur-Rehman Advocates Industry-Education Collaboration for National Growth”

October 27, 2023

UN chief calls for ‘immediate’ ceasefire in Gaza

January 16, 2024
  • About Us
  • Contact Us
  • Cookies Policy
  • Terms of Use
  • Affiliate Disclosure

© 2025 Imroze Pakistan - All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog

© 2025 Imroze Pakistan - All Rights Reserved