20.02.2026, 19:52 931

Prime Minister Olzhas Bektenov Chairs Investment Climate Council Meeting

Prime Minister Olzhas Bektenov Chairs Investment Climate Council Meeting
Images | primeminister.kz
the Investment Climate, focusing on the implementation of agreements reached by the heads of state within the framework of the C5+1 format between the countries of Central Asia and the United States. The meeting was attended by representatives of the diplomatic corps, including the newly appointed U.S. Ambassador to Kazakhstan, Julie M. Stufft, as well as representatives of international companies, the business community, and senior officials of government agencies of Kazakhstan, primeminister.kz reports.

Addressing the participants, the Prime Minister emphasized the importance of the constitutional reform underway in Kazakhstan.

Kazakhstan is currently going through a very important political stage. On March 15, a nationwide referendum will be held on the draft of a new Constitution. This fundamental document clearly reflects the far-reaching political reforms initiated by President Kassym-Jomart Tokayev and aimed at building a Just and Strong Kazakhstan. Our key priority is to raise citizens’ incomes and improve quality of life by ensuring sustainable economic growth. To achieve this objective, we are implementing a comprehensive set of measures aimed at the full-scale launch of a new investment cycle," Olzhas Bektenov noted.


The importance of the Peace Council meeting held on February 19 in Washington was also highlighted.

Just yesterday, the Head of State took part in the inaugural meeting of the Peace Council and expressed support for the initiative of U.S. President Donald Trump aimed at stabilizing the situation in the Middle East. Kazakhstan is interested in participating in the processes of Gaza reconstruction. The steady development of relations with the United States remains one of the main tracks of Kazakhstan’s foreign policy," the Prime Minister emphasized.


The speech of President Kassym-Jomart Tokayev in Washington on the global stage was truly impressive. We look forward to further expanding our bilateral relationship, which is already at a very high level. Our commercial cooperation reached record levels in 2025. In the fourth quarter alone, the volume of deals between Kazakhstani and American companies amounted to $17 billion. These results reflect our shared vision and the economic growth of both countries, which benefits the people of our nations and strengthens our relationship at the same time," U.S. Ambassador to Kazakhstan, Julie M. Stufft, said.


During the meeting, particular attention was paid to expanding cooperation with foreign investors, attracting long-term capital, advanced technologies, and global best practices, as well as fostering a transparent and predictable business environment.

Representatives of investor companies noted the positive dynamics of investment cooperation and emphasized the importance of a predictable regulatory environment within the framework of the ongoing tax reform. The discussion focused on infrastructure development, digitalization, localization of production, the introduction of advanced technologies, and the establishment of long-term partnerships aimed at sustainable economic growth.
 

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