Kazakhstan and the Tyumen region of Russia have considered issues of cooperation in the transport and logistics sector, Trend reports.
Discussions on this topic took place between the Prime Minister of Kazakhstan, Olzhas Bektenov, and the Governor of the Tyumen Region, Aleksandr Moor.
Thus, the parties discussed a project for the reconstruction of the automobile cargo-passenger multilateral checkpoint across the state border.
As part of a comprehensive overhaul, it is planned to expand the entry groups within the existing borders of the checkpoint and install 2 lanes for cargo traffic and 4 lanes for passenger traffic. The implementation of the project will increase the capacity of the border crossing point and increase trade and economic ties.
To note, trade turnover between the regions of Kazakhstan and the Tyumen region amounted to $113.3 million from January through May.
Meanwhile, the volume of trade turnover between Kazakhstan and Russia amounted to $9.7 billion from January through May 2024. This is 12.5 percent less than in the same period in 2023 ($11.1 billion).
Kazakhstan’s exports to Russia in the first five months of 2024 amounted to $3.36 billion, which is 21.5 percent less year-on-year ($4.3 billion).
In addition, imports from Russia from January through May 2024 decreased by 6.7 percent to $6.3 billion. For the same period in 2023, this figure was $6.8 billion.