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Pakistan and Kazakhstan Agree to Expand Trade to $1 Billion as Ties Enter New Phase

Pakistan and Kazakhstan have agreed to boost bilateral trade to $1 billion, signing key agreements on energy, trade and investment.

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Pakistan Kazakhstan trade

Pakistan and Kazakhstan have agreed to expand bilateral trade to $1 billion, strengthen connectivity and deepen economic and strategic cooperation [IC: by AFP]

February 4, 2026

Pakistan and Kazakhstan have agreed to significantly deepen their economic and strategic partnership, with Prime Minister Shehbaz Sharif vowing to raise bilateral trade to $1 billion in the near future.

The commitment was made during a joint press conference in Islamabad with visiting Kazakh President Kassym-Jomart Tokayev who described Pakistan as a “reliable and important partner in South Asia and beyond”.

President Tokayev is on a two-day official visit to Pakistan, the first by a Kazakh head of state in 23 years, marking a milestone in relations between Pakistan and Kazakhstan.

Major agreements signed to boost trade, energy and connectivity

During the visit, the two countries signed more than two dozen agreements and MoUs covering key sectors such as petroleum, mining, agriculture, transport, defence industry cooperation, IT and maritime affairs.

Both leaders stressed that these agreements must move quickly from paperwork to implementation.

Prime Minister Shehbaz Sharif assured “speedy execution” on Pakistan’s part and said stronger economic and trade ties would raise relations “to new heights”.

He invited business communities from both sides to invest in joint ventures noting that current investment levels remain far below potential.

A major highlight was agreement on strengthening regional connectivity through transport corridors linking Belarus, Russia, Kazakhstan, Uzbekistan, Afghanistan and Pakistan.

Pakistan also offered Kazakhstan full access to its ports at Karachi and Gwadar, positioning itself as a vital trade gateway for landlocked Central Asian states.

Strategic partnership and regional opportunities ahead

President Tokayev said the two sides had signed a joint declaration establishing a strategic partnership, opening new opportunities across economic, cultural and security cooperation.

He praised Pakistan’s growing regional and global role and highlighted its strong industrial base, defence industry and transit potential.

Both leaders agreed to prioritize transport and logistics, including rail and road links passing through Afghanistan, and to explore resuming direct air connectivity.

Cooperation in energy, including discussion on the TAPI gas pipeline, agriculture, food security, education and digital technologies also featured prominently.

At the Pakistan–Kazakhstan Business Forum, Prime Minister Shehbaz stressed that Pakistan is ready to act as a land bridge between Central and South Asia, calling the connectivity projects “game-changers for the entire region”.

President Tokayev echoed this view, saying the partnership stands at a pivotal moment and has the potential to deliver long-term prosperity for both nations.

The visit is widely seen as a win-win development, strengthening Pakistan’s regional connectivity role while helping Kazakhstan diversify trade routes and economic partnerships amid changing global conditions.

Read more: Pakistan Moves to Strengthen Central Asia Trade Through QTTA and CPEC Routes

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