BAKU, Azerbaijan, May 23. During recent talks, President Kassym-Jomart Tokayev and Prime Minister Giorgia Meloni highlighted that the trade turnover between Kazakhstan and Italy amounted to $15 billion last year, Trend reports.
The sides discussed the prospects for political, trade, economic, investment, and humanitarian cooperation, as well as collaboration in the energy and transportation sectors.
It was mentioned that over 270 Italian companies are currently operating in Kazakhstan, which highlights the strong business presence and partnerships between the two countries.
Due to the challenging circumstances caused by the ongoing emergency situation [floods in the Italian Emilia-Romagna region], PM Meloni's planned visit to Astana had to be canceled. Nonetheless, Meloni requested to discuss urgent issues over the phone.
The trade turnover between Kazakhstan and Italy in 2021 amounted to $9.6 billion. This means that the bilateral trade between the countries in 2022 increased by more than 56 percent.