TURKEY – Turkey and Kazakhstan have solidified their agricultural and industrial ties by signing a US$2 billion investment agreement, focusing on enhancing cooperation in the agro-industrial sector and boosting agricultural trade.

The agreement, announced by the Kazakh Agriculture Ministry’s press service, marks a significant step in strengthening bilateral relations, particularly in grain processing, livestock, and agricultural equipment production.

This deal comes at a time when global food security and supply chain stability are becoming increasingly critical.

The investment agreement is expected to attract foreign investments, particularly in sectors that add value to Kazakhstan’s agricultural products. For Turkey, it opens new avenues for expanding its influence and operations within Central Asia.

On August 11, Kazakh Minister of Agriculture Aidarbek Saparov held negotiations with his Turkish counterpart, Ibrahim Yumaklı, along with representatives from various Turkish businesses keen on exploring opportunities in Kazakhstan.

The discussions centered around developing projects aimed at processing grains and legumes, cattle hides, and ice cream production. Additionally, the localization of agricultural equipment manufacturing was highlighted as a priority area for cooperation.

The deep processing of grain legumes emerged as a key focus during the talks.

Turkish companies noted Kazakhstan’s vast potential in producing high-value products, including amino acids like lysine, gluten, and other market-demanded derivatives. This recognition underscores Kazakhstan’s strategic importance as a hub for agro-industrial development in the region.

The partnership between Kazakhstan and Turkey is not new, as both countries are among the largest wheat producers and flour exporters globally.

In recent years, the trade of agricultural products between the two nations has witnessed a steady increase, reflecting their growing economic collaboration.

Kazakhstan has already completed six investment projects with Turkish investors, and plans are underway to undertake an additional ten projects worth US$553 million.

These projects include the construction of greenhouse complexes, deep processing plants for wheat and beans, and vegetable storage facilities.

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