• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10616 -0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 991 - 996 of 1511

Kazakhstan Peacekeepers Deployed to Golan Heights

According to the Ministry of Defense of the Republic of Kazakhstan, a memorandum of understanding (MoU) has been signed at United Nations (UN) headquarters in New York between the Kazakh government and the UN regarding the deployment of a peacekeeping contingent to the UN Disengagement Observer Force mission. This will be the first time in the history of Kazakhstan when the UN has given the country a mandate to carry out an independent peacekeeping mission. Earlier, Defense Minister Ruslan Zhaksylykov reported that 139 servicemen will be sent to the Golan Heights between Israel and Syria. They will maintain a ceasefire between the warring parties in accordance with the mandate of the UN mission. In order to fulfill the UN mission with professionalism, peacekeepers from Kazakhstan have undergone a thorough selection and training process in accordance with all the requirements and standards of the UN. The training lasted six months, and took place at the center for peacekeeping operations under the Kazakh Ministry of Defense. "The instructor staff of the centers of peacekeeping operations, demining and military medicine participated in the training of the servicemen. To improve practical skills and interoperability with officers of the contingent's headquarters, classes were held on military decision-making at the operational-tactical level," the Defense Ministry reported. Kazakhstan's peacekeepers were taught English, rules of engagement, and international and humanitarian law. They also trained in how to protect the peacekeeping base, organize roadblocks, patrols, disarm explosive devices, and provide assistance and evacuation. Based on the results of the training, experts said Kazakhstan's peacekeeping contingent showed a high level of training and motivation. Kazakhstan has painstakingly equipped the peacekeepers in accordance with UN standards. They have been provided with modern weapons and military equipment. The contingent has armored wheeled vehicles with combat modules, KamAZs, high cross-country vehicles and engineering equipment -- as well as all the necessary lifesaving equipment. Also, one of the vehicles has been converted for evacuation of the wounded. It's equipped with an oxygen machine, defibrillator, medicines and other medical equipment. The Kazakh ministry's specialized department says that during the peacekeeping mission the servicemen will be paid three times their monthly allowance, with an additional $1,448 from the UN budget. Moreover, after completion of service to the mission, they can count on treatment at a health resort and an extra 14 days added to their basic annual leave. Peacekeepers from Kazakhstan will include individual servicemen as military observers as well as staff officers. Members of specialized units are also in demand; they include infantry, medical, reconnaissance and engineering. Over the past 16 years, more than 600 Kazakh servicemen have participated in seven UN peacekeeping missions spread across Asia, the Middle East and Africa. Currently, 19 peacekeepers from Kazakhstan are serving in UN contingents in Lebanon, the Democratic Republic of Congo, Western Sahara and the Central African Republic.

Kazakhstan Receives $46 Million Grant From World Bank’s Pandemic Fund

An official ceremony was held in Astana with the Ministry of Health of Kazakhstan, UN Resident Coordinator in Kazakhstan, Mikael Friberg-Storey, Executive Director of the Pandemic Fund, Priya Basu, representative of the World Health Organization (WHO), Skender Sila, and representatives of diplomatic missions in attandance, according to the press service of the Ministry of Health of Kazakhstan. Recently the Ministry of Health of Kazakhstan and the WHO signed an agreement for a grant of $46 million. The terms provide Kazakhstan with a country grant in the amount of $19 million, and multi-country grant in the amount of $27 million for three years. Aside from Kazakhstan, 35 countries of the WHO European Region received grant funding for the development of medicines and healthcare systems. In total, according to the World Bank, the Pandemic Control Fund received 179 applications from 133 countries around the world. About 30% of the grant funds went to projects from countries in Africa. The specialized agency said that this money will be used to improve the healthcare system in Kazakhstan, namely the development of epidemiological surveillance, laboratory security, border control, early detection, and response and training of medical personnel. The WHO's country office in Astana will oversee the implementation of the grant in Kazakhstan and provide general technical support to the Ministry of Health. The Pandemic Fund was established in September 2022. It's considered to be the first multilateral financing mechanism to provide long-term, grant-based financial assistance to low- and middle-income countries to improve their preparedness for future pandemics. By the middle of last year, the fund had raised $2 billion in seed capital from 25 nations and philanthropic organizations.

China Replaces Russia as Kazakhstan’s Biggest Trade Partner

In 2023, China became Kazakhstan's top trading partner, relegating Russia to second place. This is according to data from the Ministry of Trade and Integration of Kazakhstan, which summarized last year's foreign trade data. The main importers of Kazakhstani products were China, Russia and Italy. The Russian Federation held the top spot in 2022. The total trade volume grew in 2023 to $139.8bn. Trade with China amounted to $31.5bn, with Russia -- $26bn, with Italy -- $16.1bn, and South Korea and Turkey -- $6bn apiece. Last year Kazakhstan's export markets totaled 135, and the number of traded commodity items was almost 4,000. Crude oil and petroleum products were the top exports ($43.4bn), followed by industrial goods ($9.8bn), non-precious metals ($9.6bn), agro-industrial goods ($5.4bn), ores ($4.9bn), uranium ($3.4bn), and natural gas ($2.1bn). At the same time, Kazakhstan imported equipment and electrical machinery more than anything else ($15.5bn), followed by motor vehicles and auto parts ($7.8bn), non-precious metals ($5.6bn), and food and textiles ($4.8bn each). In 2023 Kazakhstan increased non-resource exports to its East Asian trade partners: to Vietnam by 64%, to Hong Kong by 34%, to South Korea by 30%, and to China by 10%.

Germany and Kazakhstan Expand Their Partnership

A meeting of the Kazakh-German Intergovernmental Working Group on Trade and Economic Cooperation was held in Berlin on February 16th. It was co-chaired by Kanat Sharlapaev, Kazakhstan’s minister for industry and construction, and Dominik Schnichels, the director for foreign trade policy of Germany’s Federal Ministry of Economic Affairs and Climate Protection.  The meeting discussed bilateral trade and economic relations, cooperation in energy, environment, agriculture and water management, transport, logistics and infrastructure, as well as cooperation in raw materials, industrial and technological spheres, the Kazakh Embassy in Germany reported.  Mr Schnichels commented: "To confirm once again the level of Strategic Partnership between Kazakhstan and Germany, constructive and fruitful talks were held at today's meeting of the Intergovernmental Working Group, which made it possible to identify specific projects in priority areas.”  “The agreements reached today demonstrate that this bilateral platform contributes to improving the framework conditions for further rapprochement of government and business circles, as well as practical promotion of mutual trade and investment. Kazakhstan is a resource-rich country with unique opportunities. Germany is interested in further deepening trade and economic cooperation in the way of the ongoing economic and social reforms in the country.”  In his speech, Mr Sharlapaev stressed that the strategic synergy between Kazakhstan and Germany, together with a convenient geographical location at the crossroads of intercontinental transport routes, including energy supply routes, strengthens Kazakhstan’s position as a regional investment hub and one of the key players in the global energy arena. "The development of the Trans-Caspian International Transport Route (Middle Corridor) is of great importance for Kazakhstan as a reliable supplier of energy resources and strategic goods to Europe,” he said. “Strengthening Kazakhstan's industrial potential is also among the strategic areas of cooperation with Germany." 

Kazakhstan and Uzbekistan To Build ‘Central Asia’ Industrial Center

Kazakhstan and Uzbekistan are working to accelerate the creation of an international center for industrial cooperation, called ‘Central Asia’. It will be constructed at the border of the two countries, near the Gulistan checkpoint on the Uzbek side and the Atameken checkpoint on the Kazakh side, the Kazakh Ministry of Trade and Integration has reported.  The Kazakh investor in the project, TCL Group, together with the administration of Kazakhstan’s Turkestan region, plans to begin construction of the Central Asia Center this year. TCL Group has also signed a memorandum of cooperation with the Uzbek company Global Textile on the center’s first investment project, which will produce finished textile products. Kazakhstan’s deputy minister for trade and integration, Kairat Torebaev, has commented that the Central Asia Center is expected to start its operations in the fourth quarter of 2026, and the official opening is planned for the first half of 2027. Mr Torebaev believes the center will help intensify business ties between manufacturers from Kazakhstan and Uzbekistan, and stimulate the growth of trade turnover between the two countries.  Trade turnover between Kazakhstan and Uzbekistan has grown to over $4.6bn in 2023. The sides aim to bring bilateral trade to $10bn in the coming years.

Doha Hosts Kazakhstan–Qatar Investment Roundtable

During his visit to Qatar on February 14th, Kazakhstan’s president Kassym-Jomart Tokayev took part in the Kazakhstan–Qatar Investment Roundtable in Doha.  Mr Tokayev invited Qatari companies to invest in the Kazakh economy and explore new business opportunities, mentioning that his government is ready to provide tax and customs preferences, project co-financing, partial guarantees and export support mechanisms, the president’s press office reported. Mr Tokayev also suggested expanding the work of the Kazakhstan-Qatar Joint High-Level Commission and Business Council. The Kazakh president said that during his meeting with the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani, earlier in the day, he proposed to increase bilateral trade up to $500m as a first step. “We can offer the Qatari market high-quality goods such as machinery, iron, steel, and agricultural products. Our market also offers access to the Eurasian Economic Union market with a total GDP of $2.6tn. We have a common border with China as well, which gives good opportunities to make trade with this juggernaut using the Belt and Road project,” Tokayev said.  Today Kazakhstan and Qatar are more closely connected than ever before, due to a visa-free regime and several direct flights per week.  Mr Tokayev invited Qatari energy companies to cooperate with their Kazakh counterparts in geological exploration, petrochemicals, transportation, and oil and gas processing projects.  He emphasized that Kazakhstan's renewable energy potential, estimated at one trillion kilowatt-hours, has attracted the attention of global players who have committed to projects with a capacity of 43 gigawatts. “We welcome Nebras Power’s intentions to implement a 350 megawatt hydroelectric power plant and Pearl Overseas’ plans to construct a 1.1 gigawatt combined-cycle plant in Kazakhstan,” he said.  The Kazakh president also encouraged Qatari companies to participate in the extraction and processing of critical raw materials such as cobalt and lithium.  In the agricultural sector, Kazakhstan can supply halal and organic agricultural products to the Qatari market, Tokayev said, adding that Kazakhstan is also interested in developing the production of meat, fruit, vegetable, grain, flour and other products with further direct supply to Qatar.