At the Astana International Forum, Kazakhstan and Italy signed 10 memorandums worth €180 million, marking a new chapter in bilateral cooperation focused on industry, green energy, logistics, and technology
in Astana, the Italy-Kazakhstan Business Forum was held as part of the Astana International Forum. The event was organized by Kazakhstan’s Ministry of Trade and Integration, the Kazakhstan-Italy Trade Association (ACIK), and the embassies of both countries.
The forum became a key platform for launching joint projects and strengthening business ties across strategic sectors including mechanical engineering, petrochemicals, agri-processing, metallurgy, logistics digitalization, and green energy.
As a result, 10 memorandums of understanding were signed totaling €180 million, reflecting strong mutual trust and a shared commitment to deeper economic cooperation.
Kazakhstan’s Minister of Trade and Integration, Arman Shakkaliev, highlighted the forum as the start of a new economic chapter between the two nations. He emphasized Kazakhstan’s ambition to act not just as a raw material supplier, but as a central Eurasian hub for transport, manufacturing, and technology.
The sides expressed readiness to shift from trade to building joint production infrastructure. Key initiatives include creating an investment fund, launching a “Digital Supply Chain 4.0” platform, implementing joint export and investment risk insurance, and developing an ESG roadmap.
Kazakhstan also proposed a joint brand, “Made in Kazakhstan with Italy”, to reflect advanced technological cooperation and the co-production of competitive export goods.
Agro-industrial cooperation was another highlight. Kazakhstan offered to boost exports of organic grain, oilseeds, and animal feed, alongside developing co-branded packaging and processing lines for international markets.
In 2024, trade between the two countries reached $19.9 billion (+24%). Kazakhstan’s exports stood at $18.7 billion (+25.8%), while imports from Italy totaled $1.3 billion (+2.2%), including machinery, pharmaceuticals, and industrial equipment.
Russia has announced it is ending its unilateral moratorium on the deployment of land-based intermediate- and short-range missiles, saying the origina...
Authorities in Beijing have evacuated over 80,000 people as severe rainfall batters the Chinese capital, with flooding expected to intensify into Tues...
Russia has announced it no longer considers itself bound by a self-imposed moratorium on deploying short- and medium-range missiles, citing growing th...
A fire beneath a commuter train at Newport Station in Jersey City caused major disruptions to New Jersey transit lines on Monday morning (August 4)....
On Monday, U.S. President Donald Trump announced plans to significantly raise tariffs on India over its continued purchase and resale of Russian oil, ...
Russia has announced it is ending its unilateral moratorium on the deployment of land-based intermediate- and short-range missiles, saying the original conditions no longer apply.
Authorities in Beijing have evacuated over 80,000 people as severe rainfall batters the Chinese capital, with flooding expected to intensify into Tuesday.
Russia has announced it no longer considers itself bound by a self-imposed moratorium on deploying short- and medium-range missiles, citing growing threats from the U.S. and NATO.
A fire beneath a commuter train at Newport Station in Jersey City caused major disruptions to New Jersey transit lines on Monday morning (August 4).
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A series of events within the Third UN Conference on Landlocked Developing Countries (LLDC3) under the theme “Driving Progress Through Partnerships” has been launched today in Turkmenistan's national resort.
Iran has lifted all remaining airspace restrictions imposed during its 12-day conflict with Israel, restoring full domestic and international flight operations.
Hamas on Saturday firmly denied that it was willing to disarm, contradicting remarks made by U.S. Special Envoy to the Middle East Steve Witkoff during his meeting with Israeli hostage families in Tel Aviv.
Around 250,000 tonnes of freight were transported via the Baku–Tbilisi–Kars (BTK) railway in the first seven months of this year. The information was disclosed to journalists by Kadir Bozan, Chairman of the Kars Chamber of Commerce and Industry.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment