Kazakhstan and Kuwait Expand Investment Cooperation
During the working visit of Baghdad Amreyev, President of the Turkic Investment Fund (TIF), to the State of Kuwait, Yerzhan Yelekeyev, Ambassador of the Republic of Kazakhstan, together with the TIF President, held a series of meetings with the leadership of leading Kuwaiti and regional financial and investment institutions.
During the meeting with Rashaid Al-Bader, Acting Director General of the Kuwait Fund for Arab Economic Development (KFAED), the parties discussed prospects for co-financing infrastructure and other priority projects. Following the talks, an agreement was reached to sign a Memorandum of Cooperation between TIF and KFAED in the near future.
At the meeting with H.E. Sheikh Saud Salem Abdulaziz Al-Sabah, Managing Director of the Kuwait Investment Authority (KIA), the parties discussed promising investment projects in TIF member states, including in the areas of infrastructure, transport and logistics, energy, and finance.
During the meeting with H.E. Fawzi Yousef Al-Hunaif, Director General of the Arab Fund for Economic and Social Development, the parties explored opportunities for joint project financing and further engagement with the institutions of the Arab Coordination Group.
Particular attention during the meetings was paid to food security. The parties highlighted Kazakhstan’s significant potential in this area and the prospects for long-term cooperation as Kuwait seeks to diversify its sources of food supplies, including through the implementation of joint investment projects.
Following the meetings, the parties reaffirmed their interest in further exploring concrete investment initiatives.
Kuwait Investment Authority (KIA) is one of the world’s largest sovereign wealth funds, with assets under management estimated at approximately USD 1 trillion. Kuwait Fund for Arab Economic Development (KFAED) is Kuwait’s state development institution, which has financed more than 1,000 projects in over 100 countries worldwide, including Kazakhstan. Arab Fund for Economic and Social Development is a regional development institution headquartered in Kuwait that finances infrastructure and socio-economic development projects in Arab countries.
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Kazakhstan Expands Trade and Economic Relations with Indonesia
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Ambassador of Kazakhstan to Indonesia Serzhan Abdykarimov held a meeting with the Chairman of the Indonesian Chamber of Young Entrepreneurs (KAPMI) Muliansyah Abdurrahman and representatives of this organization.
During the meeting, the parties exchanged views on a wide range of issues related to bilateral trade, economic and investment cooperation between Kazakhstan and Indonesia.
Ambassador Abdykarimov presented information on Kazakhstan’s favorable investment and business climate and outlined promising areas for expanding economic cooperation between the two countries.
The Ambassador noted the importance of the Free Trade Agreement between the Member States of the Eurasian Economic Union and Indonesia, signed on 21 December 2025 in St. Petersburg, Russia. The implementation of the Agreement is expected to contribute to the further expansion of trade and economic ties and an increase in mutual trade between Kazakhstan and Indonesia.
Kazakh diplomat also informed the guests about the ongoing socio-political reforms in Kazakhstan and presented key provisions of the newly adopted Constitution of the Republic of Kazakhstan.
Chairman of "KAPMI" Muliansyah Abdurrahman expressed interest in further developing business contacts with Kazakhstan and noted the importance of expanding cooperation between young entrepreneurs of the two countries. The Indonesian side expressed readiness to facilitate the establishment of new business ties, the exchange of experience, and the development of promising areas of cooperation.
The parties confirmed their mutual interest in maintaining a regular and constructive dialogue, expanding cooperation between the business communities of the two countries, and further developing mutually beneficial Kazakhstan-Indonesia partnership.
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Kazakhstan to Present Its Initiatives at U.N. General Assembly in New York
Kazakhstan will present its national and regional initiatives during the High-Level Week of the 81st session of the U.N. General Assembly, scheduled to take place in New York from Sept. 22 to 28, 2026, the Kazakh Foreign Ministry said.
The session will be held under the theme "Restoring Trust, Managing Transformation." Discussions will focus on current international issues, emerging technologies and artificial intelligence, as well as U.N. reform, Foreign Ministry spokesperson Zhanbolat Ussenov said.
For Kazakhstan, High-Level Week will provide an important platform to advance national and regional initiatives, strengthen bilateral ties and develop joint responses to pressing global and regional challenges.
Foreign Minister Mukhtar Tleuberdi will lead the Kazakh delegation. He is scheduled to address the U.N. General Assembly’s general debate, meet U.N. Secretary-General António Guterres and hold bilateral talks with foreign ministers from U.N. member states and senior officials from international organizations.
The Kazakh delegation will also attend informal meetings of regional organizations and multilateral groups, mandated General Assembly events and consultations among Central Asian foreign ministers.
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Kuwaiti Investment, Caspian Ferry and Serbia: Kazakhstan Expands International Ties
Kazakhstan is discussing investment in oil and gas projects with Kuwait, the resumption of passenger ferry services across the Caspian Sea with Azerbaijan and expanded consular cooperation with Serbia, the Kazakh Foreign Ministry said.
Kuwait Foreign Petroleum Exploration Company, or KUFPEC, has expressed interest in investment opportunities in Kazakhstan’s oil and gas sector. The two sides agreed to arrange a meeting of technical teams to discuss specific projects, their parameters and potential implementation mechanisms.
Kazakhstan and Azerbaijan are discussing the resumption of passenger services on the Kuryk-Baku-Kuryk ferry route. Before the service was suspended, it carried about 1,500 passengers annually. The Port of Baku said work to restore the route was already underway.
The two sides also discussed increasing freight traffic between their ports and constructing a joint intermodal terminal in Alat.
Kazakhstan and Serbia also intend to expand cooperation in consular and legal affairs. The two countries discussed protecting the rights of their citizens, providing consular assistance and broadening their bilateral legal framework.
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South Korea Calls Kazakhstan Its Largest Trade and Investment Partner in Central Asia
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South Korean National Assembly Speaker Cho Jung-sik has described Kazakhstan as South Korea’s largest trade and investment partner in Central Asia. He made the remarks during a meeting with Kazakh President Kassym-Jomart Tokayev, according to the Akorda presidential press service.
Cho Jung-sik highlighted the importance of cooperation between the two countries in energy, digitalisation and artificial intelligence. He said Kazakhstan and South Korea have steadily expanded cooperation across various sectors in recent years.
"Following your visit to Korea, relations between our countries have been elevated to a future-oriented comprehensive strategic partnership," the speaker said.
Tokayev, for his part, said that during talks with South Korean President Lee Jae-myung the previous day, the two leaders had agreed to elevate bilateral cooperation to a future-oriented comprehensive strategic partnership.
The Kazakh president also discussed trade, economic and investment ties. More than 1,000 joint ventures involving Korean capital operate in Kazakhstan, while joint projects are being implemented across a number of sectors.
The two sides also focused on interparliamentary cooperation.
"Overall, interparliamentary dialogue has deepened considerably in recent years. Regular contacts have been maintained between the Parliament of Kazakhstan and the National Assembly of the Republic of Korea. These ties will be actively continued by members of the Kurultai," Tokayev said.
The president also outlined political reforms in Kazakhstan, including the transition to a unicameral Kurultai, the establishment of the post of vice-president, the formation of the Security Council Office and the start of the work of the Halyk Kenesi.
The two sides discussed cultural and humanitarian ties and the development of tourism. Tokayev noted that Kazakhstan is home to around 120,000 ethnic Koreans, known as Koryo-saram.
"As you know, next year will mark 90 years since the beginning of the resettlement of the Korean people to Kazakhstan. We plan to commemorate this historic anniversary at a high level," the president said.
Cho Jung-sik also announced that Kazakhstan will host the fourth meeting of the speakers of parliament of the Republic of Korea and Central Asian countries in spring 2027. He said he planned to attend the forum.
At the end of the meeting, the two sides expressed their intention to continue strengthening cooperation between Kazakhstan and South Korea.
The Kazakh president is due to take part today in the first Central Asia-Republic of Korea summit.
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Kazakhstan and South Korea Agree to Elevate Relations to New Level
Images | Akorda
Kazakhstan and South Korea have agreed to elevate bilateral relations to a future-oriented comprehensive strategic partnership, President Kassym-Jomart Tokayev said during expanded-format talks with South Korean President Lee Jae-myung, according to the Akorda presidential press service.
"Today, we reached an agreement to elevate bilateral relations to a future-oriented comprehensive strategic partnership," Tokayev said.
Tokayev highlighted the steady progress in cooperation between the two countries and described South Korea as a reliable strategic partner of Kazakhstan.
The president also said South Korea had invested more than $12 billion in Kazakhstan’s economy. South Korean companies are successfully operating in the Kazakh market, he said, adding that the country would continue creating favorable conditions for them.
The two sides paid particular attention to education and science. An agreement to open a branch of the Korea Advanced Institute of Science and Technology, or KAIST, in Alatau City is expected to be signed during the visit.
"I am confident this step will give fresh impetus to deeper cooperation in education and science," Tokayev said.
Lee said South Korea was ready to support the modernization of Kazakhstan’s industry through advanced industrial and digital technologies.
"Kazakhstan is an important economic security partner for us. The country is not only rich in energy and natural resources but also has significant potential in promising high-tech sectors," the South Korean president said.
The leaders also emphasized the similarity of the two countries’ positions on global sustainable development and security.
Kazakhstan and South Korea previously signed commercial agreements worth $19 billion.
A roundtable was also held in Seoul, where Kazakhstan proposed new areas of cooperation with South Korea.
The two countries intend to double bilateral trade and expand commerce in high-value-added products, Tokayev said during a meeting with South Korean Prime Minister Han Seong-sook.
South Korean brand Lotte also plans to build hotels in Almaty and Alatau City. Hotel Lotte and Sensata Invest signed memorandums following Tokayev’s meeting with the chairman of Lotte Group.
Alternative headlines:
Kazakhstan and South Korea Establish Future-Oriented Strategic Partnership
Kazakhstan, South Korea Elevate Ties to Comprehensive Strategic Partnership
Tokayev and Lee Jae-myung Open New Chapter in Kazakhstan-South Korea Relations
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Doubling Trade, New Investment Projects and Alatau City: Tokayev Meets South Korean Prime Minister - Updated
Kazakhstan and South Korea intend to double bilateral trade and expand commerce in high-value-added products, President Kassym-Jomart Tokayev said during a meeting with South Korean Prime Minister Han Seong-sook, according to the Akorda presidential press service.
"We have set the goal of doubling bilateral trade. To achieve this, it is important not only to increase volumes but also to improve the structure of trade by expanding the range of high-value-added goods. I therefore believe it is highly relevant to develop a comprehensive Kazakhstan-Korea trade, economic and investment cooperation program for 2027-2030. I also consider it important to prepare a separate industrial cooperation roadmap incorporating the most promising projects for localizing production and exporting goods to third-country markets," Tokayev said.
The president noted that South Korea ranks among Kazakhstan’s 10 largest trade and investment partners. More than 1,000 joint ventures involving South Korean capital operate in the country.
Tokayev said Kazakhstan had created favorable conditions for both major South Korean corporations and small and medium-sized businesses. Cooperation is also supported by the Intergovernmental Commission on Trade, Economic, Scientific and Technological Cooperation and the bilateral Business Council.
Han described Kazakhstan as South Korea’s largest trade and investment partner in Central Asia.
"I hope the current summit will give further momentum to cooperation between our countries, particularly in the economy and energy supply chains. We also believe Korea can become a strong partner for Kazakhstan in developing the new Alatau City," Han said.
The two sides also discussed joint projects in transport and logistics, critical materials, automotive manufacturing, digitalization, artificial intelligence and health care.
Tokayev emphasized the importance of his upcoming talks with South Korean President Lee Jae-myung, which he said should open a new chapter in bilateral relations.
Updated Sept. 15, 2026, at 3:10 p.m.
Tokayev and Han reviewed several Alatau Smart City projects.
The presentation outlined the city’s development plans, including digital infrastructure, new forms of urban mobility and investment opportunities. It also showcased projects with South Korean partners in K-Smart Town, education, research and development, and urban air mobility, including drones and air taxis.
A major South Korean corporation was previously invited to participate in technology projects in Kazakhstan.
Alternative headlines:
Kazakhstan and South Korea Aim to Double Trade and Expand Investment
Tokayev and South Korean Prime Minister Discuss Trade Growth and Alatau City
Kazakhstan Seeks Deeper Economic Ties with South Korea Through Alatau City Projects
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Tokayev discusses UN reform with former Secretary-General Ban Ki-moon
Kazakh President Kassym-Jomart Tokayev and former UN Secretary-General Ban Ki-moon, chairman of the Global Green Growth Institute (GGGI), discussed reforming the United Nations and adapting the organisation to modern realities, according to the Akorda presidential press service.
Tokayev highlighted the importance of GGGI’s work in supporting developing countries in their transition to a green growth model that promotes social stability, resilience to climate change and economic development.
Ban Ki-moon, for his part, welcomed Kazakhstan’s achievements in sustainable development and expressed readiness to continue cooperation as part of the global climate agenda.
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