Kazakhstan explores trade scope

14. February, 2012 Business No comments
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Calcutta: The ambassador of Kazakhstan, Doulat Kuanyshev, today met Bengal industry minister Partha Chatterjee to explore prospects of co-operation in tea, tourism and mining.

“Kazakhstan is the second largest importer of tea. We take more Assam tea than Darjeeling. We should promote business ties with Bengal. I have invited the minister to take a delegation to Kazakhstan,” Kuanyshev said later at a session organised by the MCC Chamber of Commerce & Industry here today.

He said the consumption of premium tea was becoming a trend in his country. “There is enough scope to qualitatively improve the tea market. We import about $41 million worth of Indian tea.”

Kazakhstan is India’s largest trading partner among the central Asian republics. Bilateral trade has grown to $306.30 million in 2010-11 from $171.48 million in 2006-07.

During the period, India’s exports to the country grew to $167.88 million from $83.18 million, while imports rose to $138.42 million from $88.30 million.

Major export items were tea, pharmaceuticals, medical equipment, machinery, tobacco and consumer items.

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