Deepening Armenian-Kazakhstani cooperation discussed at roundtable in  Yerevan

Արմինֆո.The cooperation between Kazakhstan and Armenia and its impact on strengthening regional stability was the primary topic of an expert roundtable held today in Yerevan. The event featured prominent Armenian and Kazakh political scientists, economists, and diplomats and was organized by the Armenian 
Association of Political Scientists and the Embassy of the Republic of Kazakhstan in Armenia.

In addition to geopolitical developments, the experts discussed the 
potential and challenges of economic cooperation between the two 
countries, as well as issues regarding transport, transit 
interdependence, and security.

The Kazakh side noted its support for the Armenian government's 
"Crossroads of Peace" concept and TRIPP, which not only strengthen 
regional transit potential but also create a solid foundation for 
increasing economic integration between countries in the region, 
including Armenia and Kazakhstan. It was noted that although trade 
turnover between the countries has increased significantly in recent 
years, reaching approximately $150 million, this is far from the 
limit and substantial joint programs are needed to realize the full 
spectrum of opportunities. 

However, it was stated that while the opening of opportunities for 
Kazakhstani grain supplies to Armenia (albeit unstable) increased 
overall trade turnover, Armenian exports to Kazakhstan have 
unfortunately declined. Current Armenian exports to Kazakhstan are 
largely limited to cognac, jewelry, and more recently, tobacco 
products and pharmaceuticals. This is a clearly insufficient product 
range for both sides.  Furthermore, sectors such as the financial 
industry and information technology were identified as areas where 
cooperation could significantly boost the competitiveness of both 
nations.

Nevertheless, approximately 400 companies with Armenian capital 
currently operate in Kazakhstan, while only 100 companies with Kazakh 
capital are active in Armenia. According to expert estimates, the 
unblocking of transport communications and the enhancement of 
logistical capabilities could yield benefits totaling at least $1 
billion.

Nevertheless, concerns were raised during the round table that 
unblocking borders in the "corridor" format currently being proposed 
does not contribute to regional stability. Instead, it carries 
significant risks stemming from the evolving geopolitical situation, 
which includes attempts to marginalize Iran and displace Russia from 
the South Caucasus. Participants also spoke regarding the undervalued 
potential of the EAEU, which is aimed at genuine economic integration 
and offers undeniably high benefits.