Kazakhstan and Azerbaijan are collaborating on significant joint initiatives, Kazakh ambassador to Azerbaijan Alim Bayel said during the second session of the Kazakh-Azerbaijani Business Council in Baku.
"Kazakhstan and Azerbaijan are working to advance critical projects with regional implications. These include the building of the Trans-Caspian International Transport Route (TITR) and the installation of a fiber-optic communication line, key components of the China-Europe digital corridor, among other projects," Alim Bayel said.
The envoy noted that the bilateral trade volume between the countries reached $530 million last year, but there is still huge potential to benefit.
