President ratifies agreement on construction of trade and logistics complex at Kazakh-Kyrgyz border

The Kazakh President signed the Law of the Republic of Kazakhstan to ratify the agreement between Kazakh and Kyrgyz governments on construction and regulation of activities of an industrial trade and logistics complex in the territory of the Karasu and Ak Tilek road-transport checkpoints, Akorda reports.

The text of the law is to be published in the press.

In September this year, the deputies of the Kazakh Senate ratified an agreement between Kazakhstan and Kyrgyzstan on building an industrial trade and logistics complex in the territory of the Karasu and Ak Tilek road-transport checkpoints.

The key goals of the complex are to ensure cooperation in warehousing, storage, consolidation, processing, production of new goods and further realization with effective integration into the international commodity-producing systems, and to provide short-term warehousing, logistics, lease services, and legal and financial consultations.

The total area of the complex will be 7,600 square meters with 3,600 square meters located in the territory of Kazakhstan and the rest 4,000 square meters in Kyrgyzstan.

The Intergovernmental agreement on creation and regulation of activities of the complex was signed on June 9, 2023, in Astana.