Kazakhstan and Korea Discussed Prospects for Expanding Financial Cooperation
Images | Ministry of Foreign Affairs of the Republic of Kazakhstan
Ambassador of the Republic of Kazakhstan to the Republic of Korea Asset Isenali held a meeting with Chairman and President of the Export-Import Bank of Korea (KEXIM) Kiyeon Hwang.
During the meeting, the parties discussed the current state and prospects of Kazakhstan-Korea investment and financial-economic cooperation, with particular emphasis on expanding the participation of Korean financial institutions in the implementation of priority projects in Kazakhstan.
Special attention was paid to strengthening cooperation in the areas of green growth and sustainable development, including economic decarbonization, the development of renewable energy sources, the production of green hydrogen and ammonia, as well as the introduction of advanced environmentally friendly technologies.
The interlocutors also exchanged views on enhancing cooperation in the field of critical minerals. They reviewed prospects for joint projects involving the extraction and deep processing of rare earth metals, the development of high value-added supply chains, the localization of industrial production, and the advancement of the battery industry.
Particular attention was also given to the potential participation of KEXIM in financing infrastructure, industrial, and innovation projects in Kazakhstan aimed at strengthening transport and logistics connectivity, modernizing industrial capacities, and establishing export-oriented production facilities.
In the context of preparations for the upcoming visit of President of the Republic of Kazakhstan Kassym-Jomart Tokayev to the Republic of Korea, the parties reaffirmed their interest in further enhancing investment cooperation and promoting new joint initiatives capable of providing additional momentum to the strategic partnership between the two countries.
Following the meeting, the parties agreed to continue close cooperation in exploring promising investment projects and financing mechanisms involving Korean financial institutions and leading companies of the Republic of Korea.
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Vietnam’s Ambassador Presents Copies of Credentials
Images | Ministry of Foreign Affairs of the Republic of Kazakhstan
Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Kuantyrov received copies of credentials from the newly appointed Ambassador of the Socialist Republic of Vietnam to the Republic of Kazakhstan, Nguyen Thanh Le.
During the meeting, the parties discussed current issues of the Kazakh-Vietnamese strategic partnership, paying special attention to the schedule of upcoming mutual visits and high-level events.
Alibek Kuantyrov emphasized that Kazakhstan attaches great importance to further strengthening relations with Vietnam and is interested in expanding trade-economic and investment cooperation.
The parties also confirmed their readiness to continue close interaction in multilateral formats, primarily within the UN, CICA, and other international organizations.
In closing, the deputy minister wished the Vietnamese diplomat a successful and fruitful work in Kazakhstan.
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First Kazakhstan-Afghanistan Water Resources Management Centre to Open in Kabul
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The first Kazakhstan-Afghanistan educational and research centre focused on water resources management, irrigation and sustainable agriculture will be established in Kabul. The cooperation agreement was signed by the Kazakh National University of Water Management and Irrigation, the Kazakh National Agrarian Research University and Kabul University, the Kazakh government’s press service said.
The centre is set to be established at Kabul University and will become the first joint Kazakhstan-Afghanistan educational and research platform dedicated to water resources and agriculture.
The facility is expected to focus on specialist training, knowledge exchange, joint research projects and the introduction of modern solutions in the water and agricultural sectors. Educational programmes and scientific support will be provided by Kazakh researchers and experts.
The centre is expected to serve as an inter-university research platform working in the fields of water security, sustainable agriculture, climate change adaptation, environmental monitoring and food security.
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Kazakhstan Accounts for Nearly 13% of EU Oil Imports and 16% of Uranium Supplies, Tokayev Says
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Kazakhstan accounts for nearly 13% of the European Union’s oil imports and 16% of its natural uranium supplies, President Kassym-Jomart Tokayev said in an opinion article published by Euronews ahead of his visit to Brussels.
According to Tokayev, energy security is one of the clearest examples of mutual trust between Kazakhstan and the EU, and cooperation in this area helps strengthen the resilience of both sides amid growing global uncertainty.
The president said energy security has become one of the most tangible manifestations of the strategic partnership between Kazakhstan and the European Union. He noted that cooperation in the sector contributes to greater stability and resilience for both parties in an increasingly volatile global environment.
Tokayev stressed that the European Union remains Kazakhstan’s largest trade and investment partner. Ten years after the signing of the Enhanced Partnership and Cooperation Agreement, the EU continues to play a key role in the country’s economy. Thousands of European companies operate in Kazakhstan and, according to the president, contribute to the modernisation and diversification of the national economy.
The president said the next stage of cooperation between Kazakhstan and the European Union should focus on strengthening resilience, expanding connectivity and creating new opportunities for citizens. He noted that in a changing geopolitical landscape, countries can either divide into competing blocs or build partnerships based on mutual respect and shared interests.
Tokayev also highlighted the prospects for cooperation in food security. He noted that Kazakhstan is one of the world's leading grain producers and exporters and has significant potential to support the European market as it seeks to diversify supply sources.
The president also focused on the development of the Middle Corridor linking Europe and Asia. He stressed that Kazakhstan views transport connectivity as a key driver of economic growth and believes the route can become a vital bridge between European markets and the countries of Central Asia.
In addition, Tokayev called for expanded cooperation in critical raw materials, digital technologies, artificial intelligence, science and education. He said Kazakhstan is interested in joint innovation projects and the further development of academic mobility programmes.
In the article, Tokayev also stated that Kazakhstan is continuing political and economic reforms aimed at improving the effectiveness of state institutions, strengthening the rule of law and creating a predictable environment for investors.
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Tokayev to Visit Brussels for Talks with EU Leaders
Kazakh President Kassym-Jomart Tokayev will pay an official visit to Brussels on 22-23 June at the invitation of European Council President António Costa, the Foreign Ministry said.
During the visit, Tokayev is scheduled to hold talks with European Council President António Costa and European Commission President Ursula von der Leyen.
The discussions will focus on prospects for strengthening the Enhanced Partnership and Cooperation between Kazakhstan and the European Union.
The programme also includes a meeting with Belgian Prime Minister Bart De Wever.
In addition, Tokayev will address a Kazakhstan-EU roundtable attended by executives of major European companies and hold a number of bilateral meetings.
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Kazakhstan and Greece Discussed Prospects for Trade and Economic Cooperation
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Alibek Kuantyrov, Deputy Minister of Foreign Affairs of the Republic of Kazakhstan, met with Antonia Katzourou, the Ambassador Extraordinary and Plenipotentiary of the Hellenic Republic to the Republic of Kazakhstan.
During the meeting, the parties discussed the current state and prospects of Kazakh-Greek cooperation, focusing on expanding trade, economic, and investment ties.
A.Katzourou noted that one of the key results of the Deputy Minister's visit to Greece in April of this year was the importance attached to convening the next meeting of the Kazakh-Greek Intergovernmental Commission on Economic and Technological Cooperation.
A.Kuantyrov expressed confidence in the success of the next meeting of the Kazakh-Greek Intergovernmental Commission on Economic and Technological Cooperation, scheduled for the second half of this year in Athens.
The Deputy Minister emphasized Kazakhstan's interest in further developing its partnership with Greece and attracting Greek investment in priority economic sectors such as renewable energy, transport and logistics, metallurgy, agro-industry, waste recycling, pharmaceuticals, tourism, and digital technologies. In this regard, the importance of intensifying contacts between the business communities of the two countries and implementing joint projects was noted.
Kuantyrov noted the positive results of the talks with representatives of the Greek Ministry of Foreign Affairs, Greek institutions, financial organizations, and leading Greek companies.
The discussions demonstrated mutual interest in expanding cooperation across a number of priority areas and created a solid basis for advancing practical initiatives between our countries," - he added.
It is worth noting that trade turnover between the countries over the past year amounted to $2.4 billion. Trade and economic relations are based on Kazakhstan's exports of crude oil, polypropylene, ferroalloys, and lentils, while Greece's exports include pharmaceuticals, soil sorting and crushing equipment, amino-aldehyde, phenol-aldehyde resins, and polyurethanes, milk processing equipment, and other products.
A.Katsourou confirmed Greece's interest in strengthening economic cooperation with Kazakhstan and expanding cooperation in areas of mutual interest.
Following the meeting, the parties agreed to continue working together to advance the bilateral economic agenda and maintain regular dialogue on investment cooperation.
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Prospects for Expanding Kazakhstan’s Investment Cooperation with Foreign Partners Discussed in Tashkent
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As part of the visit to the Republic of Uzbekistan to participate in the 5th Tashkent International Investment Forum, Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Kuantyrov held a series of meetings with representatives of foreign governments and business circles.
During a meeting with Lord Jason Stockwood, Member of the House of Lords of the United Kingdom and Minister for Investment at the Department for Business and Trade and HM Treasury, the parties discussed the current state and future prospects of trade, economic and investment cooperation.
Particular attention was paid to the implementation of the Strategic Partnership and Cooperation Agreement, the ratification process of which was completed in June this year. The parties also discussed opportunities to expand cooperation in the fields of energy, critical minerals, transport and logistics, finance, education and healthcare.
А. Kuantyrov emphasized that the United Kingdom is one of Kazakhstan’s key investment partners and ranks among the largest foreign investors in the country’s economy. In this regard, Kazakhstan’s interest in attracting British investment and technologies to priority sectors of the national economy was reaffirmed.
As part of the visit, a meeting was also held with Bekzod Mamatkulov, Chairman of the Founders’ Council of the Uzbek holding company BMB Holding.
The parties discussed prospects for further developing trade, economic and investment cooperation between Kazakhstan and Uzbekistan, as well as opportunities for implementing joint projects in the agro-industrial sector, tourism, food industry, logistics and mutual trade.
The interlocutors noted the high level of Kazakhstan-Uzbekistan relations based on strategic partnership and alliance, and emphasized the importance of further strengthening cooperation between the business communities of the two countries and advancing new joint initiatives.
Following the meetings, the parties confirmed their mutual interest in further expanding trade, economic, investment and business cooperation, as well as promoting joint projects aimed at sustainable development and strengthening regional economic ties.
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Astana and Brussels Discuss New Areas of Cooperation
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Kazakhstan and Montenegro Pledge to Strengthen Bilateral Cooperation
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Kazakhstan and Montenegro have reaffirmed their commitment to further strengthening and diversifying bilateral cooperation for the benefit of both countries and their peoples. The commitment was outlined in a joint statement issued by the two leaders, according to the Akorda presidential press service.
The presidents also held substantive talks covering a wide range of bilateral issues, as well as key regional and global developments. They underscored the importance of maintaining regular high-level contacts and agreed to continue a constructive dialogue on matters of mutual interest.
The parties reaffirmed their commitment to the Charter of the United Nations and the fundamental principles of international law. They also expressed their readiness to coordinate efforts within international organisations and support initiatives aimed at strengthening regional and global stability," Akorda said in a statement.
The Montenegrin side also expressed its high appreciation for Kazakhstan’s consistent commitment to political transformation and economic modernisation through comprehensive constitutional and institutional reforms aimed at improving public administration and ensuring sustainable long-term development.
In addition, the two countries agreed to promote cooperation in higher education, science and research, and to explore opportunities for implementing joint academic and scientific initiatives, the press service added.
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