Kazakh-Chinese trade turnover hits historic high

The trade turnover between Kazakhstan and China reached $31.2bn in 2022 The trade turnover between Kazakhstan and China reached $31.2bn in 2022, Kazinform cites the press service of the Kazakh embassy in China. A 23.6% increase in Kazakh-Chinese mutual trade was possible thanks to a 133.7% growth in Kazakh exports of agricultural products, 58% rise … Read more

Economic cooperation between Kazakhstan and UAE

The United Arab Emirates (UAE) is one of Kazakhstan’s important partners in the Middle East. There is a number of intergovernmental agreements in place aimed at deepening trade and economic cooperation, promoting and protecting mutual investments, the press service of the KAZAKH INVEST reports. The volume of trade between the two countries in 2021 increased … Read more

Kazakhstan exports nearly 200 thou tons of crop products to Azerbaijan

The draft law ratifying the agreement between the Kazakh and Azerbaijani governments on cooperation in the field of quarantine and plant protection was approved by deputies of the Majilis of the Kazakh Parliament, Kazinform correspondent reports. Kazakhstan joined the International Plant Protection Convention (IPPC) on April 29, 2010. The international obligations Kazakhstan made include observance … Read more

Kazakhstan’s FDI Inflow Reaches $22.1 Billion in Nine Months This Year

The gross inflow of foreign direct investment (FDI) into Kazakhstan increased by 17.8 percent and reached $22.1 billion in nine months of 2022, reported the Foreign Ministry’s press service on Dec. 30. Manufacturing became the dominant industry for investment, with a 36.9-percent growth ($4.9 billion). The wholesale and retail trade investment saw a 32.6-percent increase … Read more

Kazakhstan, Uzbekistan Sign 40 Agreements Worth $2.5 Billion at Tashkent Business Forum

Some 40 agreements on investment, trade, and economic cooperation worth $2.5 billion were signed at the interregional Uzbek-Kazakh business forum on Dec. 21 in Tashkent, reported the Prime Minister’s press service. More than 400 delegates from both sides took part in the forum. From 2005 to the second quarter of 2022, the gross inflow of … Read more

Kazakhstan Temir Zholy, Stadler Rail AG sign cooperation agreements

SC National Company Kazakhstan Temir Zholy and Stadler Rail AG signed contracts as per which the Swiss rail giant will deliver and ensure technical maintenance of passenger cars assembled based on Swiss technology here in Kazakhstan, Kazinform reports. The contracts were concluded based on the Agreement on strategic cooperation between the companies inked on November … Read more

Kazakhstan-Lithuania trade turnover increases 2.1fold in 9 months of 2022 – FM

Lithuania is among 10 largest trade partners of Kazakhstan in the EU and 20 largest trade partners in the world, Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi said Tuesday during Lithuania’s Minister of Foreign Affairs Gabrielius Landsbergis’ official visit to Astana, Kazinform correspondent reports. Minister Tileuberdi emphasized that the visit … Read more

Aktau meeting debates development of transport routes via Caspian Sea

The meeting devoted to the further development of the Trans-Caspian International Transport Route brings together foreign ministers and ministers responsible for transport issues of Kazakhstan, Azerbaijan, Georgia and Turkiye, the Kazakh Industry and Infrastructure Development Ministry’s press service reports. Addressing those gathered Kazakh Industry and Infrastructure Development Minister Kairbek Uskenbayev drew attention to the multiple … Read more

Kazakhstani exports hit record high this Jan-Sep

Total trade of Kazakhstan for January -September 2022 reached USD 98.4 bln which is 35% more as compared to last September-January, the Kazakh National Economy Ministry’s press service reports. The nominal export turnover of Kazakhstan hit USD 63.8 bln which is 47.5% more against the 9 months of the previous year. According to the ERI, … Read more