Kazakhstan’s investments to Uzbekistan exceed reverse investments
Investments of Kazakhstan to Uzbekistan from 2004 to 2012 exceeded the reverse investments by 10 times, press service of the Ministry of Economy and Budget Planning of the Republic of Kazakhstan reported.
"During the period from 2002 to 2012, the inflow of direct investments from Uzbekistan to Kazakhstan's economy amounted to $10.5 million while the volume of Kazakh investments in Uzbekistan from 2004 to 2012 amounted to $102 million," the statement says.
According to the ministry, the volume of the foreign trade turnover between Kazakhstan and Uzbekistan for 2012 totaled nearly $ 2.1 billion, which is 11 percent more than in 2011.
Kazakhstan's exports to Uzbekistan in 2012 amounted to 1.344 billion (up 14 percent), while the import from Uzbekistan to Kazakhstan amounted to 817 million dollars (up six percent).
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!