Baku: Azerbaijani investments in Kazakhstan’s economy have reached $225 million, reflecting the broad scope of trade and economic cooperation between the two countries. “The scope of trade and economic cooperation between Azerbaijan and Kazakhstan is very broad. We are pleased to note the steady growth of trade and economic interaction. Both countries are consistently implementing joint initiatives, expanding cooperation across various sectors of the economy,” said President Ilham Aliyev in an interview with Kazinform, APA reports.

According to Azeri-Press News Agency, this progress has been made possible thanks to a purposeful state policy, active dialogue between business representatives, and a shared commitment to developing mutually beneficial and partnership-based relations. President Aliyev noted that about 250 commercial entities with Kazakh capital are registered in Azerbaijan, confirming the high level of trust in the investment climate and creating a strong foundation for further expansion of economic cooperation.

Positive dynamics are also clearly visible in the field of mutual trade. In 2024, the volume of trade turnover between the two countries amounted to $470 million, and from January to August 2025, it reached $547 million, exceeding the same period of the previous year by more than threefold. This growth is attributed to the effective use of the Middle Corridor’s potential and the systematic modernization of transport and logistics infrastructure.

Investment cooperation between Azerbaijan and Kazakhstan is also strengthening, with Azerbaijani investments in Kazakhstan reaching $225 million, while Kazakh investments in Azerbaijan total $136 million. These figures demonstrate both sides’ mutual interest in long-term partnership and sustainable development, President Ilham Aliyev noted.