Sustainability and trade relations of Kazakhstan with central Asian countries and China

Zhanara Seriyeva and Lyazipa Medukhanova

RIVISTA DI STUDI SULLA SOSTENIBILITA', 2022, vol. XII, issue 1, 49-67

Abstract: After gaining independence, the issue of regional integration and development of economic cooperation between the countries of Central Asia has been raised several times. The article discusses the dynamics of Kazakhstan?s trade relations with Central Asia and the role of major neighboring countries as one of the areas of economic cooperation. It considers the importance of trade turnover of the Republic of Kazakhstan with neighboring countries in the region, the existing barriers to trade and opportunities for development. An important factor influencing Kazakhstan?s trade relations with regional neighbors is their foreign trade, primarily in Kazakhstan?s trade with countries outside the region. This situation is explained by the fact that all Central Asian countries are provided with a high level of natural resources, especially mineral resources. The main results of the study are that Kazakhstan has identified the dynamics of sustainable trade and the structure of trade with Central Asian countries over the past five years. The article provides indicators that allow to determine the individual importance of the republic?s foreign economic relations with all countries in the region, as well as with each country - Uzbekistan, Kyrgyzstan, Tajikistan and Turkmenistan. It also considers the role of large neighboring countries in trade relations with these countries.

Date: 2022
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