Kazakhstan's trade with BRICS member states and partners totaled around $72 billion in 2025, President Qasym-Jomart Toqaev said at the plenary session of the BRICS Plus summit in New Delhi, according to infohub.kz.
According to the head of state, the republic intends to diversify its trade, economic and investment ties with all countries of the bloc. As chairman of the Eurasian Economic Union, Kazakhstan advocates expanding cooperation between the EAEU and BRICS and advancing a free trade agreement with India.
Kazakhstan also aims to develop partnerships in deep processing of raw materials, energy, extraction of critical minerals and agriculture. Particular attention will be paid to technology transfer, knowledge exchange and joint investment.
"In addition, we have significant potential for jointly implementing large-scale infrastructure projects, including those of international significance. The New Development Bank could consider financing commercially viable projects in all BRICS countries, including Kazakhstan," Toqaev said.
The president also proposed developing transport connectivity among the bloc's countries. In 2025, transit freight traffic through Kazakhstan approached 40 million tonnes, while the country's long-term goal is 100 million tonnes per year.
According to Toqaev, Kazakhstan's transit network already handles up to 85% of overland freight traffic between China and Europe. The republic intends to speed up cross-border transportation and make it more predictable by developing railways, ports and digital infrastructure.
The president noted Kazakhstan's role in the Trans-Caspian International Transport Route, which connects Asia and Europe via the Caspian Sea. In his view, combining the route's capabilities with the Belt and Road Initiative and the North-South corridor would create a more integrated and sustainable transport network across Eurasia.
Toqaev also supported the BRICS Framework for Cooperation on Logistics and Supply Chains proposed by India. According to him, the initiative could expand practical interaction in the BRICS Plus format.
Earlier, Kursiv reported that at the BRICS Plus summit Toqaev estimated global economic damage from violence in 2025 at nearly $22 trillion, or 10% of global GDP. He also noted that the bloc's countries account for almost half of the world's population and 40% of global GDP.
Kazakhstan has participated in BRICS as a partner country since January 1, 2025. On the eve of the summit, Kazakhstan and India signed framework agreements worth $122 million, and a Kazakh business delegation visited facilities in Chennai in the fields of robotics, artificial intelligence, semiconductors and Industry 4.0 technologies.