A presentation and signing ceremony for the roadmap to implement a project to construct a salty snack production plant in Kazakhstan took place in Astana last week. The facility, to be located in the Almaty region, will produce potato chips under the globally renowned Lay’s brand. The American company PepsiCo plans to invest $160 million,
Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, on June 13 met with Nabil Marc Abdul-Massih, CEO of Swiss INOKS Capital. During the meeting, the parties discussed the company’s interest in expanding investment activities in Kazakhstan, including creating an agricultural fund and concluding an investment agreement, Kazakh Invest reported. Representatives
On June 12, South Korean President Yoon Suk Yeol visited Kazakhstan and held talks with President Kassym-Jomart Tokayev. The two leaders also took part in the Kazakh-Korean business forum in Astana. During the negotiations, the parties discussed prospects for bilateral cooperation in such areas as energy, infrastructure and industry, mechanical engineering, trade, transport and logistics,
On June 12 in Astana, the European Commission and Kazakhstan launched the Coordination Platform of the Trans-Caspian Transport Corridor, also known as the Trans-Caspian International Transport Route (TITR). According to Kazakhstan’s Ministry of Transport, the Coordination Platform will improve the safety and sustainability of the Trans-Caspian Transport Corridor and will turn the corridor into a
Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, met with Seung-Chan Jung, the Managing Director of Samsung C&T Corporation in Turkey and Central and Eastern Europe. During the meeting, the parties discussed the company’s plans for cooperation in construction and modernization of energy facilities in Kazakhstan and in renewable energy
A court in Kazakhstan’s northeastern city of Oskemen handed prison terms to two local residents on June 11 on charges of separatism and calls to seize power, RFE/RL reported. The Prosecutor’s Office in the East Kazakhstan region said the two, whose identities were not disclosed, were sentenced to five years in prison each for statements they made
Marat Karabayev, Kazakhstan’s minister of transport, believes that as a bridge between the East and the West, Kazakhstan will continue to play its part in facilitating regional and global trade. In his article published in the Chinese publication, South China Morning Post, Karabayev says that trade between Asia and Europe has faced challenges as a result
Kazakhstan’s Foreign Ministry on June 6 hosted a ceremony to launch the “Goodwill Ambassadors of Kazakhstan” project, with the participation of Deputy Prime Minister–Minister of Foreign Affairs Murat Nurtleu. Initiated by President Kassym-Jomart Tokayev, the project aims to foster dialogue between cultures and peoples, increase the country’s visibility, and promote its achievements abroad. In his
On June 5, a ceremony was held to reintroduce Przewalski’s horses into the Altyn Dala Nature Reserve in the Kostanay region of Kazakhstan. A Czech military plane transported eight Przewalski’s horses from the Prague Zoo for reintroduction into the territory of the Altyn Dala state nature reserve. In total, 40 wild horses are to be
The eleventh round of the annual High-Level Political and Security Dialogue between the European Union and the countries of Central Asia (Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan) took place in Brussels on June 5. The meeting was held at the level of Deputy Ministers of Foreign Affairs of the five Central Asian countries
