Kazakhstan Strengthens Economic Ties with US
Kazakh Deputy Foreign Minister Alibek Kuantyrov met with the U.S. Trade Mission delegation led by Deputy Assistant Secretary of State for Europe and Eurasia David De Falco and U.S. Ambassador to Kazakhstan Daniel Rosenblum to discuss expanding strategic cooperation between Kazakhstan and the United States. The meeting, which took place on Oct. 9, focused on enhancing collaboration in trade, economic, and investment sectors.
In a press statement released by the Kazakh Foreign Ministry, Kuantyrov emphasized the importance of the U.S. House of Representatives as a key partner in maintaining constant dialogue. He highlighted Kazakhstan’s positive dynamics in all major indicators of economic development, despite the challenging geopolitical situation.
Kuantyrov stated, “We are the largest economy in Central Asia, accounting for more than 60% of the region’s GDP. Our country aims to remain a stable and safe place to attract foreign investment. In turn, thanks to the international presence of the Chamber, you can help strengthen Kazakhstan’s voice on global economic platforms, increasing our recognition as a rapidly developing market.”
The Deputy Foreign Minister encouraged American companies to engage in joint projects, especially in sectors such as geological exploration, agriculture, finance, IT, energy, transport, and logistics. He also highlighted the potential for partnerships aimed at developing human capital through educational exchanges, skills training, and capacity-building programs, particularly in IT, to align with strategic industries like green energy and agriculture.
The U.S. Trade Mission delegation included prominent companies like Amway, Apple, Baker Hughes, Chevron, Citibank, ExxonMobil, General Motors, Visa, and others. Kuantyrov invited these American companies to implement joint investment projects in Kazakhstan and participate in the Kazakhstan Round Table on Global Investments scheduled for Nov. 1 in Astana.
Overall, the discussions between the Kazakh Deputy Foreign Minister and the U.S. Trade Mission delegation laid the foundation for increased cooperation and collaboration between the two countries in various sectors, aiming to further strengthen their strategic partnership.
