Trade turnover between Kazakhstan and China reached nearly $44 billion in 2024
Kazakhstan's Prime Minister Oljas Bektenov held talks today with Han Chunling, China's newly appointed ambassador to Astana. The discussions focused on enhancing bilateral cooperation in trade, investment, agriculture, transport and logistics, energy, cultural exchange, and tourism. Both sides highlighted a 9% growth in trade turnover, which totaled $43.8 billion by the end of 2024.
Progress on joint investment initiatives was also reviewed. China ranks among Kazakhstan's top five investors, with 62 projects worth $8.7 billion already completed, creating 11,000 jobs. An additional 55 projects valued at $13.5 billion are currently underway, expected to generate 17,400 jobs. Overall, the investment portfolio between the two countries includes 222 projects, collectively worth more than $60.5 billion.
The meeting also addressed cooperation in the transit and transport sectors. Cargo transportation between the two nations increased by 13% during the first 11 months of 2024 compared to the same period in 2023, reaching 29.3 million tons. To further boost cargo volumes, both sides stressed the need to establish new checkpoints, modernize existing border facilities, and improve cross-border shipping.
The meeting concluded with both parties reaffirming their commitment to strengthening collaboration across all key areas of mutual interest.
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As global tensions rise, Kazakhstan's leadership navigates a delicate geopolitical balance between Russia, China, and the West, aiming to turn its strategic location into a platform for cooperation, reform, and innovation.
Landslides and flash floods caused by days of heavy monsoon rain have killed at least 22 people in India’s northeast, officials said.
Cambodian Prime Minister Hun Manet said Saturday that the border conflict with Thailand “must be resolved with patience and through legal and diplomatic channels.”
Iran’s Foreign Minister Abbas Araqchi spoke by phone with IAEA Director Rafael Mariano Grossi, warning that any political actions against Iran at next week’s Board of Governors meeting would have consequences.
Türkiye expressed deep sorrow Saturday over the devastating floods in Nigeria’s Niger State, which have claimed over 150 lives.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
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