15.06.2026, 15:55 531

Kazakhstan and Sweden Establish Commission for Trade and Economic Cooperation

Kazakhstan and Sweden Establish Commission for Trade and Economic Cooperation
Kazakhstan and Sweden have created a new mechanism to advance bilateral trade, economic and investment cooperation. The two countries signed a memorandum establishing a bilateral commission and held its inaugural meeting, according to Erlan Zhetybayev, the official spokesperson for Kazakhstan's Ministry of Foreign Affairs.

Sweden's State Secretary for Foreign Trade, Diana Janse, paid an official visit to Kazakhstan on June 10-12, 2026.

The key event of the visit was the signing of the Memorandum on the Establishment of the Kazakhstan-Sweden Bilateral Commission for Trade, Economic and Investment Cooperation and the holding of its first meeting," the Foreign Ministry spokesperson said.


During the commission's inaugural session, the parties reviewed the current state and future prospects of cooperation in a number of priority sectors, including mining and metallurgy, rare earth metals, mechanical engineering, agriculture, pharmaceuticals and medical technologies, sustainable development, and digitalization. Particular attention was given to the practical implementation and promotion of projects involving Swedish companies.

According to the Embassy of Kazakhstan in Sweden, bilateral trade turnover between the two countries reached $361.7 million in 2025, representing a 10.2% increase compared to the corresponding period of 2024.
 

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