Iran says path to nuclear deal remains open if trust restored with U.S.
Iran’s foreign minister says a return to nuclear diplomacy with the United States remains possible, provided mutual trust can be restored, warning t...
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.
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