Kazakhstan’s GDP grew 4.4% in 2024, driven by a 5.1% rise in non-oil sectors and a 10.2% surge in processed exports.
Kazakhstan’s export of processed goods grew by 10.2% to $23.3 billion between January and November 2024, thanks to measures supporting local producers and promoting advanced processing, Prime Minister Olzhas Bektenov said during a meeting with President Kassym-Jomart Tokayev on 17 December, as reported by Akorda.
At the same time, imports fell by 3.3%, while investments in fixed assets rose by 3.1%, with the most significant growth seen in non-oil industries.
Overall, the country’s GDP grew by 4.4% during this period. The non-oil sector was the main driver of this year’s economic growth, expanding by 5.1%.
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A new phase of U.S.–Central Asia cooperation emerged at the White House, with discussions centred on mineral resources, trade, and long-term regional development.
Kazakhstan and the United States have signed a memorandum of understanding on cooperation in critical minerals, the Kazakh presidential press service Akorda announced on Thursday.
U.S. Secretary of State Marco Rubio announced plans to visit all five Central Asian countries next year, as President Donald Trump prepares to host their leaders in Washington for talks focused on energy and mineral cooperation.
A wheat-loaded train has travelled to Armenia through Azerbaijan, APA reports, following President Ilham Aliyev’s announcement in Kazakhstan about lifting all post-occupation restrictions on cargo transit to Armenia.
The Champions League match between Qarabağ FK and Chelsea ended 2–2 at the Tofig Bahramov Republican Stadium in Baku, Azerbaijan on Wednesday (5 November).
A French court has postponed the trial of a suspect linked to the Louvre jewellery heist in a separate case, citing heavy media scrutiny and concerns about the fairness of the proceedings.
A 35-year-old man drove his car into pedestrians and cyclists on France’s Oléron island on Wednesday, injuring at least nine people in an attack that has drawn attention from national leaders.
More than 10,000 supporters of Serbian President Aleksandar Vucic rallied in Belgrade on Wednesday to show their backing for the populist leader’s policies, following a year of anti-government demonstrations.
Dutch smartphone maker Fairphone is entering the U.S. market, betting on growing demand for repairable and sustainable devices as right-to-repair legislation gains traction, according to Reuters.
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Israel launched airstrikes on southern Lebanon after ordering evacuations, accusing Hezbollah of rebuilding its forces despite a year-old ceasefire, as Lebanon and the UN warned of renewed border tensions.
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The Israeli military carried out heavy airstrikes on south Lebanon on Thursday after issuing evacuation orders for three locations, saying Lebanese armed group Hezbollah was trying to rebuild its military capabilities there.
Authorities in South Korea fear five people remain trapped on Thursday after the collapse of a large structure at a power station in the city of Ulsan, a fire official said, although four others were pulled from the rubble.
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