Astana and Al-Kuwait Strengthen Cooperation in the Oil and Gas Sector
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Ambassador of Kazakhstan to Kuwait Yerzhan Yelekeev held a meeting with Minister of Oil of Kuwait Tariq Al-Roumi, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
During the meeting, the Kazakh side emphasized that Kazakhstan is consistently implementing a policy aimed at deepening the processing of hydrocarbon resources and expanding the production of high value-added products, in line with the priorities set by the President of the country, Kassym-Jomart Tokayev.
Within the framework of the meeting, Ambassador invited the Kuwaiti side to consider participation in investment projects in Kazakhstan’s oil refining sector, including the construction of a fourth oil refinery, which is currently under consideration at the level of the Government of the Republic of Kazakhstan.
Minister of Oil Tariq Al-Roumi confirmed Kuwait’s interest in developing cooperation with Kazakhstan and informed that the Kuwaiti side intends to begin studying prospective investment projects in the territory of Kazakhstan within the current year.
During the negotiations, the Ambassador handed over to the Minister of Oil an invitation letter on behalf of the Minister of Energy of the Republic of Kazakhstan, Yerlan Akkenzhenov, to participate in the 30th anniversary Kazakhstan International Oil & Gas Exhibition and Conference (KIOGE), which will take place on 30 September - 1 October this year in Almaty.
The parties confirmed their readiness to develop practical cooperation in the oil and gas sector, including the elaboration of investment initiatives and the exchange of experience in hydrocarbon processing and petrochemicals.
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Kazakhstan and Türkiye need unified rail freight tariffs - Bektenov
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Kazakhstan and Türkiye need to continue efforts to establish unified tariffs in order to enhance the competitiveness of railway freight. This is what Kazakh Prime Minister Olzhas Bektenov said at the 14th meeting of the Kazakh-Turkish Intergovernmental Economic Commission in Astana, Qazinform News Agency reports.
The Head of the Government emphasized dynamic development and strategic character of the two countries’ cooperation in the field of transport and logistics.
He said that in 2025, the volume of rail freight transportation between Kazakhstan and Türkiye amounted to 6.4 million tons, increasing by 35%.
This is a tangible result of the trade and economic ties between the two countries. The volume of transportation along the Trans-Caspian International Transport Route exceeded 4 million tons," said Bektenov.
In his words, in recent years, the role of the Middle Corridor has significantly increased, with the volume of transportation rising by more than fivefold. Today, this route is emerging as a reliable and competitive transport corridor between Europe and Asia. The delivery time for cargo has been reduced to 13 days.
The development of the Middle Corridor is our shared priority. In this regard, systematic work is being carried out to modernize infrastructure, eliminate bottlenecks, and expand port and terminal capacities. To enhance the competitiveness of transportation, it is necessary to continue joint efforts on establishing unified tariffs, coordinating tariff policies, and introducing digital solutions," the Kazakh Prime Minister noted.
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Kazakhstan-Canada Business Dialogue: New Horizons for Cooperation
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Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Kuantyrov paid a working visit to Toronto, during which he took part in a roundtable discussion and held a number of meetings with the leadership of the ministry and representatives of the business community, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
A roundtable on "Kazakhstan-Canada Dialogue: Unlocking Cross-Sectoral Opportunities" was held under the co-chairmanship of Deputy Foreign Minister Alibek Kuantyrov and Assistant Deputy Minister of Economic Development, Job Creation and Trade of the Province of Ontario Suzanne Skinner. The event brought together more than 25 Canadian companies interested in developing business partnerships with Kazakhstan.
In his remarks, Deputy Foreign Minister Kuantyrov presented key macroeconomic indicators of Kazakhstan and highlighted the country’s investment opportunities, including its potential as a regional transport and logistics hub. Canadian participants expressed strong interest in the Kazakh market, particularly noting the country’s steady economic growth and technological development.
During the visit, Kuantyrov also held a meeting with Minister of Economic Development, Job Creation and Trade of the Province of Ontario Victor Fedeli. The parties noted the positive dynamics of bilateral cooperation, including engagement with the Province of Ontario. In turn, the Deputy Foreign Minister of Kazakhstan highly appreciated the outcomes of Ontario’s business mission to Astana in 2025 and invited Minister Fedeli to visit Kazakhstan.
In addition, Deputy Foreign Minister Kuantyrov held a number of meetings with Canadian companies.
The visit confirmed the mutual interest of the parties in deepening trade and economic cooperation and implementing joint investment projects in priority sectors of the economy.
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Kazakhstan’s Agricultural Potential Was Presented to the "Saudi Agricultural and Livestock Investment Company"
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Ambassador of Kazakhstan to Saudi Arabia Madiyar Menilbekov held negotiations with Sulaiman Al Rumaih, Group CEO of the "Saudi Agricultural and Livestock Investment Company" (SALIC), Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
During the conversation, the parties discussed prospects for cooperation in the agro-industrial sector. Particular attention was paid to the implementation of joint projects in agricultural production and processing, as well as the promotion of Kazakhstan’s export.
In this context, the leadership of "SALIC" noting Kazakhstan’s substantial investment potential, expressed interest in implementing joint projects with the Kazakh side.
Following the meeting, the parties agreed on further steps to develop mutually beneficial cooperation.
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Kazakhstan-Belarus trade turnover rises 30% in 2025
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President Kassym-Jomart Tokayev on Tuesday held a meeting with Belarus’ Foreign Minister Maxim Ryzhenkov, Qazinform News Agency cites the press service of Akorda.
During the talks, Kassym-Jomart Tokayev commended the high dynamics of the Kazakh-Belarusian strategic partnership.
We highly value our partnership with your country across all areas, holding Belarusian statehood, culture, and history in high regard, said the Kazakhstani leader.
President Tokayev said he believes there is every reason to express satisfaction today with the progressive dynamics of interaction, primarily in the economic sphere.
While conveying his greetings and best wishes to President Alexander Lukashenko, Kassym-Jomart Tokayev noted that the upcoming May meeting of the Supreme Eurasian Economic Council will be a crucial venue for discussing bilateral ties, alongside the broader agenda.
The Kazah leader stressed the need to continue maintaining active and trust-based dialogue, as well as coordination efforts aimed at practical realization of the high-level agreements.
In turn, Belarusian Foreign Minister Maxim Ryzhenkov thanked President Kassym-Jomart Tokayev for the welcome and passed on warm greetings from Alexander Lukoshenko, who wished Kazakhstan continued success, prosperity, and great achievements in its development and modernization efforts.
The interlocutors also highlighted the importance of deepening ties in industrial cooperation, transport, agriculture, tourism, and other areas. Special attention was placed to boosting exports from Kazakhstan.
It was noted that 2025 saw both countries’ trade turnover rise by 30 percent to 1.2 billion US dollars.
The Kazakhstani leader welcomed the upcoming opening of Belarus’ Consulate General in Almaty, which is expected to expand ties between the regions of the two countries. The interlocutors exchanged views on the ongoing issues on the regional and international agenda as well.
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