At the Kazakhstan - Estonia business forum, companies from both countries signed 11 commercial agreements totalling more than $517 million.
The forum was attended by Presidents Kassym-Jomart Tokayev and Alar Karis, with discussions covering a wide range of areas for collaboration.
President Tokayev highlighted promising sectors for cooperation, including transport and logistics, digitalisation, agriculture, industry, finance, and education. He noted that the Kazakhstani government is ready to facilitate the expansion of Estonian companies in Kazakhstan and emphasised that increased business interaction could stimulate trade and investment.
Ahead of the forum, the two presidents held a one-on-one meeting, during which Tokayev expressed interest in accessing Estonian seaports, strengthening trade ties, and maintaining constructive contacts within international organisations. In response, President Karis stated that Estonia is prepared to support Kazakhstani companies in entering the European Union market. Trade turnover between the two countries has reached $46 million since the start of the year.
Economic relations have a long-standing history: since 2005, Estonian direct investment in Kazakhstan has exceeded $128 million, and more than 80 Estonian companies operate in the country. The memorandum of understanding on customs issues signed during the forum is expected to simplify logistics and contribute to increased trade turnover.
Estonia regards Kazakhstan as a partner for developing transport connectivity under the Global Gateway initiative, aimed at creating alternative transport corridors. The Estonian business delegation, comprising companies in logistics, transit, ICT, cybersecurity, education, and technology, expressed readiness to explore investment opportunities in Kazakhstan.
President Karis’ visit is the second by an EU head of state to Kazakhstan within a month, following the visit of Finnish President Alexander Stubb, reflecting Europe’s growing interest in economic and political engagement in Central Asia and Kazakhstan’s role as a key regional actor.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 19th of November, covering the latest developments you need to know.
The Turkish-operated cargo plane that skidded off the runway at Hong Kong's international airport last month (20 October), killing two airport workers, experienced an acceleration in one of its four engines after landing, an initial investigation has found.
Thousands of users in the United States, some parts of Europe and South America on the X (formerly twitter) platform have reported being unable to access the site due to Cloudflare outage.
Emirates Airline is confident in Boeing’s plans for a larger 777X and has ruled out ordering Airbus’s A350-1000 at the Dubai Airshow.
China's Foreign Minister Wang Yi on Tuesday talked up "high-level exchanges" in a call with Japanese counterpart Toshimitsu Motegi, hinting at a potential meeting between Chinese President Xi Jinping and Japan's new premier, Sanae Takaichi.
Turkish Defence Minister Yaşar Güler stated on Monday that it would take at least two months to reach initial conclusions and analyse the black box of a Turkish cargo plane that crashed in Georgia last week, resulting in the deaths of 20 soldiers.
The Kremlin stated on Monday that it hoped another summit between Russian President Vladimir Putin and U.S. President Donald Trump could take place once the necessary preparations had been completed.
Mexican President Claudia Sheinbaum ruled out possible U.S. military intervention in the Latin American country on Tuesday, saying Mexico did not want it in its territory.
Russian President Vladimir Putin will visit Kyrgyzstan on 27 November to attend the summit of the Collective Security Treaty Organisation (CSTO).
Estonian President Alar Karis arrived in Kazakhstan on 17 November for a state visit aimed at strengthening bilateral cooperation in trade, technology, and transport, signalling a new phase in Kazakhstan’s engagement with the European Union.
Armenian Prime Minister Nikol Pashinyan will travel to Astana for an official visit from the 20th –21st November, according to the press service of Akorda.
The 27th plenary meeting of the Conference of the Special Service Agencies of the Turkic States on the theme 'The Role of Special Service Agencies in Ensuring the Security of International Transport Lines' was held in Khankendi city on 14 November.
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