Pakistan and Kazakhstan have agreed upon finalization of Transit Trade Agreement and practical implementation of the Roadmap for Trade and Economic Cooperation.              

The understanding was reached at 13th Session of Pak-Kazakhstan Joint Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation which concluded in Islamabad on Tuesday.              

Minister for Economic Affairs Ahad Cheema and Kazakh Minister of Transport Marat Karabayev co-chaired the session.

The two sides agreed to promote the use of regional trade corridors, particularly the Kazakhstan-Turkmenistan-Afghanistan-Pakistan and Kazakhstan-Uzbekistan-Afghanistan-Pakistan routes under the International Motor Transport Agreement.  

They also agreed to enhance cooperation between logistics companies and develop joint ventures to facilitate cross-border movement of goods through ports in Karachi, Qasim, and Gwadar.            

Both countries agreed to share investment opportunities in agriculture sector.

It was also decided to promote tourism by sharing lists of certified tour operators and launching joint promotional activities.

In the financial sector, an MoU was signed for Regulation and Development of the Financial Market.        

In the field of education, the two sides agreed to establish a Joint Working Group to strengthen academic collaboration and facilitate exchange programs for students and faculty.                                

In the information technology sector, MoUs were signed for joint working in digital innovation and governance.  

In the energy sector, Pakistan offered Kazakhstan opportunities for investment and joint ventures in oil and gas exploration.        

Speaking on the occasion, Ahad Cheema said signing of key agreements will play a critical role in facilitating smoother trade flows and fostering broader economic collaboration.          

He expressed confidence that these efforts will contribute significantly to increase bilateral trade and diversify investments.