Russian President Vladimir Putin’s state visit to Kazakhstan is a "historic event." Kazakh President Kassym-Jomart Tokayev said this at talks with his Russian counterpart.
Russian President Vladimir Putin visited Kazakhstan on Wednesday, and discussed boosting energy and industry ties and easing a row over farm goods with the Central Asian nation which exports most of its oil through Russia but is exploring alternatives.
Kazakhstan’s oil production is on an upward trajectory, with output expected to reach 2.08 million barrels per day (mb/d) by 2025, according to the International Energy Agency (IEA). The latest revision raises the forecast by 0.06 mb/d, signaling sustained growth in the nation’s energy sector.
The National Bank of Kazakhstan has unveiled plans to launch the "Digital Investment Coin" project in early 2025, offering a new way to trade gold investment coins globally.
Kazakhstan is advancing efforts to cut imports of finished goods by bolstering domestic production. The initiative was a focal point during a Senate plenary session attended by Prime Minister Olzhas Bektenov and government officials.
Azerbaijan and Kazakhstan continue to expand their agricultural cooperation, Kazakh Vice Minister of Agriculture Yermek Kenzhekhanuly revealed in a statement to Trend.
Kazakhstan and Hungary are set to deepen their collaboration on the Trans-Caspian International Transport Route, a key trade corridor connecting Asia and Europe, Kazakh President Kassym-Jomart Tokayev announced during a joint press conference with Hungarian Prime Minister.
Kazakhstan and Mongolia have signed a strategic partnership agreement in Ulaanbaatar, aiming to strengthen ties in trade, transport, agriculture, and tourism, with plans to increase mutual trade from $150 million to $500 million in the near future.
Kazakhstan’s Energy Minister Almasadam Satkaliev led a delegation to South Korea to advance collaboration in nuclear energy, renewables, and oil and gas. Meetings included top Korean firms, with plans for a nuclear plant consortium and a focus on energy security by 2035.
Kazakhstan ranks seventh in expanding gold reserves, boosting holdings by 151 tons from 2013 to 2023.
Kazakhstan has approved a plan to build its first nuclear power station in a referendum, overcoming lingering resentment over massive radiation exposure from Soviet-era nuclear tests
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