Global Economy

India, Kazakhstan witness record jump in trade volume in Jan-Feb 2019

NEW DELHI: India and Central Asia’s richest country Kazakhstan have achieved a record jump in bilateral trade during the first two months of 2019 and planning to launch additional direct flights between two sides in spirit of India’s rejuvenated Central Asia policy.

“For the first two months of this year, bilateral trade between the countries amounted to 265.7 thousand dollars, recording 50.4% increase from the same period last year,” Kazakhstan Ambassador to India Bulat SarsEnbayev told a select group of audience on Friday evening at an occasion to mark Nauryz.

“Undoubtedly, the sides can increase this figure by improving transport connection between the countries. Currently there is a good flight connection. Air Astana has direct flights to Delhi from both Astana and Almaty. Direct flights have had a positive effect on tourism. Last year Embassy has issued more than 25,000 visas for Indian people visiting Kazakhstan which overall makes 35,000 visitors, as well as 80,000 transit passengers flew via Kazakhstan. The figure is increasing every year and the embassy has simplified the procedure for issuing visas by introducing E-visa,” the Ambassador informed.

Successful work is under way to open daily flights from by Spice Jet and Indigo. The launch of flights is expected in the end of this year, the Ambassador informed.

“The state and prospects of development of Kazakh-Indian relations show that we have chosen the right vector of development of cooperation. Existing capacity is very large and almost unlimited. Kazakhstan will continue to raise the strategic partnership to an even higher level and to strengthen relations between India and Kazakhstan with new meaning and content for the sake of the friendship and prosperity of the people of the two countries.”


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