Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Kuantyrov met with State Secretary for Foreign Trade of the Ministry of Foreign Affairs of Sweden Diana Janse, who arrived in Astana to participate in the 16th International Mining and Metallurgy Congress "Astana Mining & Metallurgy."
Parties discussed the current state and prospects for further development of Kazakh-Swedish cooperation. They noted the progressive momentum in bilateral relations, accompanied by intensified political dialogue, interparliamentary contacts, and expanded trade and economic cooperation.
Particular attention was paid to the implementation of joint projects and the development of industrial cooperation. Specifically, the parties discussed prospects for collaboration between Väderstad and AgromashHolding KZ JSC on localizing the production of high-tech agricultural machinery in Kazakhstan, cooperation with Volvo Trucks on a project to assemble trucks jointly with Astana Motors JSC, and further developing their partnership with SKF.
The contributions of Swedish companies successfully operating in the Kazakhstan market, including Ericsson, Epiroc, Sandvik, Scania, and AstraZeneca, were particularly noted.
The parties emphasized the importance of establishing a Kazakh-Swedish Bilateral Commission on Trade, Economic, and Investment Cooperation, which will serve as a permanent platform for promoting joint initiatives, supporting investment projects, and expanding business ties.
Promising areas for further cooperation include renewable energy, clean technologies, water solutions, agriculture, transport and logistics, digital public administration, and artificial intelligence. Following the meeting, mutual interest in further strengthening the multifaceted partnership and implementing new joint projects was confirmed.
From 2005 to 2025, gross direct investment from Sweden to Kazakhstan amounted to $705.6 million. Approximately 60 companies with Swedish capital operate in the republic, working in the fields of healthcare, technology, energy, environmental protection, transport, agriculture, industry, and education.