The United States and Kazakhstan have agreed a locomotive deal worth up to $4.2 billion that will see Wabtec Corporation supply 300 locomotives, U.S. Commerce Secretary Howard Lutnick announced on Monday.
Lutnick said the historic agreement followed a call between President Donald Trump and Kazakh President Kassym-Jomart Tokayev.
Writing on X, he added that the locomotives would boost connectivity across Europe and Asia through the Middle Corridor, with American technology at the core.
"While our rail industry faces unfair attacks from the nonsensical rush toward electric-only policies, this deal delivers strong support for one of our most significant industries.
This $4 Billion deal is more than just a huge success story. It’s about American innovation leading the world, supporting thousands of jobs in TX & PA, & strengthening the U.S.–Kazakhstan partnership." he wrote in the post.
The deal comes against a backdrop of trade tensions as Kazakhstan, which borders Russia and China, has been hit with a 25% tariff rate by Trump.
In July, Tokayev notified President Trump in a letter that his government was ready for constructive dialogue on trade.
The commerce Secretary added that "This is President Trump’s America First trade policy in action: landmark exports, new markets, & U.S. workers winning big!".
Kazakhstan continues active cooperation with the U.S. as latest figures show that in 2024, trade turnover between the countries amounted to $4.2 billion, an increase of 4% from the previous year.
The main export items from Kazakhstan to the U.S. include crude oil, more than 56%, uranium, about 16%, silver, 12%, iron alloys, 9.5%, and tantalum and tantalum products.
It is worth noting that on 7 September, former U.S. President Donald Trump indicated the possibility of visiting Kazakhstan, emphasising the positive nature of his communication with Kassym-Jomart Tokayev.
The first day of trilateral talks between Ukraine, Russia and the U.S. ended in Abu Dhabi on Friday, with officials saying discussions were productive...
Sanctum is a documentary about faith preserved through respect, and history protected through responsibility....
Belgium has banned aircraft transporting weapons and military equipment to Israel from using its airspace or making technical stops, the Foreign Minis...
UK Prime Minister Keir Starmer has accused U.S. President Donald Trump of making “insulting and frankly appalling” remarks about Nato forces in Af...
Tokyo Electric Power Company (TEPCO) has suspended operations at the Kashiwazaki-Kariwa nuclear power plant in Japan, just a day after a reactor was b...
The first day of trilateral talks between Ukraine, Russia and the U.S. ended in Abu Dhabi on Friday, with officials saying discussions were productive and would continue on Saturday.
Belgium has banned aircraft transporting weapons and military equipment to Israel from using its airspace or making technical stops, the Foreign Ministry confirmed to Anadolu on Friday.
UK Prime Minister Keir Starmer has accused U.S. President Donald Trump of making “insulting and frankly appalling” remarks about Nato forces in Afghanistan, saying the comments wrongly diminish the sacrifice of British and allied troops and should be followed by an apology.
Italy’s legendary couturier Valentino was laid to rest in Rome on Friday (23 January), drawing designers, actors and industry leaders to a ceremony marked by quiet emotion and flashes of his signature red.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
A commuter train collided with a construction crane in southeastern Spain on Thursday (22 January), injuring several passengers, days after a high-speed rail disaster in Andalusia killed at least 43 people.
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
Azerbaijan’s State Oil Fund, State Oil Fund of Azerbaijan (SOFAZ), has signed a long-term strategic cooperation agreement worth up to $1.4 billion with Brookfield Asset Management on the sidelines of the World Economic Forum in Davos, officials said.
A fire alarm prompted the partial evacuation of the Davos Congress Centre on Wednesday evening while Donald Trump was inside the building attending the World Economic Forum, Swiss authorities said.
The Turkish Defence Ministry has called for the Syrian Democratic Forces (SDF)’s “unconditional compliance” with the 18 January ceasefire agreement between the Kurdish-led militant group and Damascus.
The claim that U.S. President Donald Trump's intervention stopped the execution of 800 detainees is "completely false", said prosecutor-general of Iran, Mohammad Movahedi on Friday (23 January). According to him, the number cited by Trump does not exist and the judiciary has made no such decision.
The United Nations nuclear watchdog must clarify its stance on U.S. and Israeli attacks on Iran's nuclear sites last June that lasted 12 days, before inspectors are allowed to visit those facilities, Iranian media on Friday quoted the country's atomic chief as saying.
SOCAR’s Carbamide plant in Sumgayit has been recognised by the World Economic Forum (WEF) as a Global Lighthouse site, marking Azerbaijan’s first inclusion in the Forum’s flagship Industry 4.0 network.
United Nations agencies have taken over the management of vast detention camps in northeastern Syria housing tens of thousands of people associated with Islamic State (IS), after Kurdish-led forces guarding the sites withdrew amid clashes with Syrian government troops.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment