$200 million in deals inked at Kazakhstan-Pakistan Business Forum
Images | Akorda
President Kassym-Jomart Tokayev of Kazakhstan and Prime Minister Shehbaz Sharif of Pakistan participated in the Kazakhstan-Pakistan Business Forum, Qazinform News Agency reports, citing the Akorda press service.
In his speech, the Head of State, Kassym-Jomart Tokayev, expressed his gratitude to Prime Minister Shehbaz Sharif for the initiative to organize this significant event.
I consider my first state visit to Pakistan a historic milestone in our bilateral cooperation. We have signed a Joint Declaration that elevates our partnership to a strategic level. During today's business forum, over 30 commercial agreements totaling around $200 million were signed, which will serve as a powerful catalyst for further strengthening the trade-economic and investment cooperation between the brotherly nations. Indeed, our partnership is steadily expanding. Last year, trade turnover between the two countries nearly doubled. Over 200 companies with Pakistani capital are already operating in Kazakhstan across construction, agriculture, food processing, industry, and many other sectors. Building on this positive momentum, we have set an ambitious yet fully achievable goal to increase bilateral trade to $1 billion," stated Kassym-Jomart Tokayev.
The President announced that he has instructed the Government to intensify interaction between the two nations' business communities, including through the mechanisms of the Kazakhstan-Pakistan Intergovernmental Commission.
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Slovenia's Pharmaceutical Leaders Strengthen Partnership with Kazakhstan
Images | gov.kz
At the meetings of the Ambassador of Kazakhstan to Slovenia, Altay Abibullayev, with the leadership of world-famous pharmaceutical companies in Slovenia, the head of KRKA, Jože Colarič, as well as Chairman of the Board Gregor Makuc and members of the Board of Lek-Sandoz, the state and prospects for the development of bilateral investment cooperation and the expansion of the presence of their advanced drugs in the market of Kazakhstan were considered, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
The Ambassador noted that in the light of mutual activation and institutional mechanisms for supporting business, investment and foreign economic activity, the total trade turnover between Kazakhstan and Slovenia currently amounts to about 170 million euros, while a significant share of this volume is generated by the activities of KRKA and Lek-Sandoz companies, which underlines their strategic role in the development of bilateral economic relations. connections. The role of Kazakhstan as a regional hub for Central Asia and the Caucasus was emphasized, including the possibility of scaling up the presence of pharmaceutical companies in the markets of neighboring countries using mechanisms for harmonizing registration and regulatory procedures.
The KRKA leadership presented one of the most modern and advanced pharmaceutical plants in Europe to the Ambassador of Kazakhstan, provided up-to-date information about the company's global structure in 70 countries, the scale of investments in the latest research and development, as well as the development of operational and commercial activities in Kazakhstan, including the expansion of marketing and professional cooperation with the medical community.
During the negotiations with Lek-Sandoz, the main focus was on the regulatory environment and access to the Kazakh market, the company's participation in government and corporate procurement, as well as opportunities for expanding investment cooperation, including the prospects for localization of production, the use of special economic zones and instruments of the Astana International Financial Center to increase predictability and protect investments.
The Ambassador invited the management of the companies to take an active part in the "AI&Digital Bridge" Business Forum in Ljubljana on March 12 and the meeting of the Joint Intergovernmental Commission on March 13, during which it is planned to discuss issues of innovative development, the introduction of digital solutions and the use of artificial intelligence in industry and the pharmaceutical sector. The companies are also interested in participating in the Kazakhstan Pharmaceutical Forum in Turkestan on March 4-5, 2026.
The pharmaceutical companies confirmed to the Ambassador their mutual interest in deepening the strategic economic partnership, expanding their investment presence and forming a practical roadmap for cooperation focused on long-term sustainability, technological development and mutual economic benefits.
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Pakistan's Prime Minister welcomes Kazakh President at his official residence
Images | Akorda
An official welcome ceremony for the President of Kazakhstan, Kassym-Jomart Tokayev, was held at the residence of the Prime Minister of Pakistan, Qazinform News Agency learned from the Akorda press service.
Prime Minister Shehbaz Sharif welcomed the Kazakh leader. After a photo-op, the national anthems of Kazakhstan and Pakistan were performed, and a report of the Chief of the Guard of Honor was heard.
Kassym-Jomart Tokayev and Shehbaz Sharif introduced members of official delegations to each other.
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Kazakhstan’s Foreign Minister Holds Meetings with Key Members of the U.S. Congress
Images | gov.kz
As part of his visit to the United States, Minister of Foreign Affairs of the Republic of Kazakhstan, Yermek Kosherbayev, held meetings with the Chairman of the U.S. House Foreign Affairs Committee, Brian Mast, and Senator Steve Daines, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
The parties discussed the current state and prospects of Kazakhstan-U.S. cooperation, with particular emphasis on strengthening trade and economic ties, advancing political dialogue, and expanding interparliamentary engagement in line with the key priorities of the bilateral agenda.
The Minister emphasized the strategic nature of relations between the two countries and underscored the importance of intensifying contacts between legislative bodies as an effective mechanism for promoting joint initiatives.
During the meeting with Chairman Mast, the parties positively assessed the dynamics of bilateral cooperation and agreed to continue joint efforts to ensure further support for initiatives aimed at deepening trade and economic cooperation, including projects in critical minerals. Particular attention was given to the upcoming visit of a delegation of U.S. congressmen to Kazakhstan scheduled for March this year.
Senator Daines, for his part, noted Kazakhstan’s balanced and constructive foreign policy course and emphasized the importance of establishing favorable legislative conditions in the U.S. Congress for expanding bilateral business ties, including through the introduction of Permanent Normal Trade Relations. He informed that work to adopt the necessary legislative decisions aimed at repealing the Jackson-Vanik amendment in the foreseeable future is underway.
At the conclusion of the meetings, the Minister invited the American lawmakers to visit Kazakhstan for practical discussions on the prospects for further development of bilateral cooperation.
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