Turkish Vice President Cevdet Yılmaz has called on investors from Kazakhstan and Turkey to pursue new joint ventures, framing a stronger investment partnership as essential for accelerating trade growth and deepening economic integration between the two nations.
Speaking at the Kazakhstan-Turkey Investment Roundtable held in Astana, Yılmaz emphasized that bilateral relations rest on more than formal agreements. He pointed to historical, cultural, and spiritual bonds that he said provide a durable foundation for economic cooperation even amid global market volatility and geopolitical uncertainty.
Yılmaz highlighted Turkey's expanding economy, noting advances in export capacity and the development of a sophisticated defense industry. He argued that Kazakhstan is likewise on a strong trajectory, attributing its momentum to sweeping reforms and political stability that have bolstered investor confidence.
Discussions at the event centered on specific areas of mutual interest, particularly transport connectivity and collaborative project execution. Yılmaz underscored that the private sector must drive the next phase of bilateral engagement, calling on businesses from both countries to identify and pursue ambitious joint investments.
Turkey has invested over $6 billion in Kazakhstan's economy to date. Yılmaz stated his conviction that scaling this relationship through more numerous and substantial bilateral projects will widen trade channels, strengthen economic interdependence, and generate employment in both markets.