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        <title>Finance and investments</title>
        <link>https://inbusiness.kz/ru/rss/finance-and-investments</link>
        <description><![CDATA[Новости Казахстана]]></description>
        <language>ru</language>
        <lastBuildDate>Tue, 21 Apr 2026 23:42:00 +0500</lastBuildDate>
                    <item>
                <title><![CDATA[QazaqGaz and CNPC-AktobeMunaiGas Sign Subsoil Use Contract for Severnyi-1 Block]]></title>
                                <link>https://inbusiness.kz/ru/news/qazaqgaz-and-cnpc-aktobemunaigas-sign-subsoil-use-contract-for-severnyi-1-block</link>
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                <description>The signing of the contract creates opportunities for a comprehensive programme of geological exploration. The block is characterised by strong potential for the discovery of new hydrocarbon reserves.

 
</description>
                <content:encoded><![CDATA[QazaqGaz, in partnership with CNPC-AktobeMunaiGas and the Ministry of Energy of the Republic of Kazakhstan, has entered into a subsoil use agreement for the Severnyi-1 block in the Aktobe Region.

The agreement opens the door to a full-scale geological exploration programme, as the block is considered highly перспективным for discovering new hydrocarbon reserves.

As part of the project, 2D and 3D seismic surveys will be conducted, along with the drilling of both standalone and contingent exploration wells.

Both companies have committed to carrying out all activities in strict accordance with modern environmental standards and industrial safety regulations.
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                <pubDate>Tue, 21 Apr 2026 23:42:00 +0500</pubDate>
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                <title><![CDATA[Electricity metering violations have been identified in the Turkestan region]]></title>
                                <link>https://inbusiness.kz/ru/news/electricity-metering-violations-have-been-identified-in-the-turkestan-region</link>
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                <description>The inspection revealed that two communal enterprises in the region were using control metering devices (electricity meters), ammeters, and voltmeters that had not undergone mandatory metrological verification.

 
</description>
                <content:encoded><![CDATA[The Department of the Committee for Technical Regulation and Metrology in the Turkestan region has uncovered violations of Kazakhstan’s law “On Ensuring Uniformity of Measurements” during inspection activities.

It was found that two municipal enterprises were operating electricity meters, as well as ammeters and voltmeters, without undergoing mandatory metrological verification.

Under current regulations, all measuring devices used for billing between service providers and consumers, as well as for industrial safety purposes, must have valid verification certificates. The use of unverified equipment can distort actual consumption data and raise concerns about the safety of electrical networks.

The department stressed that the accuracy of such instruments is crucial not only for correct billing but also for technical safety. Faulty readings from voltmeters and ammeters may lead to incorrect assessments of network loads, increasing the risk of accidents, while unverified meters infringe on consumers’ rights to accurate information.

Following the inspection, the enterprises were held administratively responsible. Fines totaling 3,892,500 tenge were imposed, and orders were issued to eliminate the identified violations.
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                <pubDate>Thu, 16 Apr 2026 22:41:00 +0500</pubDate>
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                <title><![CDATA[Kazakhstan and the United Nations Discuss Global Water Agenda Issues]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-the-united-nations-discuss-global-water-agenda-issues</link>
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                <description>During the talks, Kosherbayev highlighted the growing importance of the envoy’s mandate amid increasing global water security challenges, noting that worsening conditions in this area could trigger economic, environmental, and social crises.

 
</description>
                <content:encoded><![CDATA[Minister of Foreign Affairs of Kazakhstan Yermek Kosherbayev met with Retno Marsudi, the United Nations Secretary-General’s Special Envoy on Water.

During the talks, Kosherbayev highlighted the growing importance of the envoy’s mandate amid increasing global water security challenges, noting that worsening conditions in this area could trigger economic, environmental, and social crises.

He also underscored the relevance of Marsudi’s visit ahead of the upcoming Regional Ecological Summit in Astana, where water security is expected to be a key focus.

The minister presented President Kassym-Jomart Tokayev’s initiative to establish an International Water Organization under UN auspices, emphasizing its timeliness in light of rising risks of conflicts over access to water resources and their impact on global peace and security.

At the conclusion of the meeting, both sides agreed to maintain constructive cooperation on water-related issues at the global and regional levels, including through the UN Regional Centre for Sustainable Development in Almaty.
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                <pubDate>Wed, 15 Apr 2026 21:46:00 +0500</pubDate>
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                <title><![CDATA[Entrepreneurs have paid over 56 million tenge for violations in the trade sector since the beginning of the year]]></title>
                                <link>https://inbusiness.kz/ru/news/entrepreneurs-have-paid-over-56-million-tenge-for-violations-in-the-trade-sector-since-the-beginning-of-the-year</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/entrepreneurs-have-paid-over-56-million-tenge-for-violations-in-the-trade-sector-since-the-beginning-of-the-year</guid>
                <description>The total amount of fines imposed has exceeded 56 million tenge, reflecting both increased detection rates and the systematic nature of enforcement efforts.

 
</description>
                <content:encoded><![CDATA[The Ministry of Trade and Integration of the Republic of Kazakhstan is strengthening state oversight in the trade sector, steadily improving the effectiveness of its supervisory activities. Since the beginning of the year, 1,485 business entities have been brought to administrative responsibility, accounting for about 43% of the total violations recorded throughout 2025 (3,437 rulings). The total amount of fines imposed has exceeded 56 million tenge, reflecting both increased detection rates and the systematic nature of enforcement efforts.

The most common violation remains exceeding the установленный maximum trade markup on socially significant food products. All rulings issued since the start of the year have resulted in fines. A significant share of these cases involves markups exceeding the allowed limit by more than 15%, along with violations such as price discrepancies, missing price tags, and repeated non-compliance with legal requirements.

Some cases also involve obstruction of officials’ duties and failure to comply with directives issued by state supervisory authorities.

Particular attention is being given to monitoring price formation at every stage of the supply chain, from producers to final retail. In this context, regional commissions are actively working to identify intermediary schemes, focusing on eliminating inefficient intermediaries and detecting inflated markups.

Since the beginning of the year, 302 commission meetings have been held, resulting in the identification of 850 legal violations. Following these reviews, 777 administrative rulings were issued, and 73 inefficient intermediaries were removed from supply chains, improving pricing transparency.

The measures being implemented, including stricter oversight and the introduction of digital tools, are aimed at enhancing market transparency and ensuring timely detection of violations. This work will continue with a focus on preventing unjustified price increases, reducing excessive intermediary links, and ensuring strict compliance with trade regulations.
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                <pubDate>Tue, 14 Apr 2026 19:45:00 +0500</pubDate>
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                <title><![CDATA[Kazakh Culture Festival “Shanyraq Fest Brussels” Launched in Belgium]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakh-culture-festival-shanyraq-fest-brussels-launched-in-belgium-73941</link>
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                <description>The ceremonial opening, organized in cooperation with the Diplomatic Club of Belgium, was held at one of the prestigious venues in the Belgian capital – the Cercle Royal Gaulois with the participation of representatives of the diplomatic corps, honorary consuls, and members of business and cultural circles.

 
</description>
                <content:encoded><![CDATA[The Kazakh cultural festival Shanyraq Fest Brussels officially opened in Brussels, organized by the Embassy of Kazakhstan in Belgium with support from the Astana City Administration.

The opening ceremony took place at the prestigious Cercle Royal Gaulois in partnership with the Diplomatic Club of Belgium, bringing together members of the diplomatic corps, honorary consuls, and representatives of business and cultural communities.

Held from April 8 to 11, the festival is designed to showcase Kazakhstan’s cultural heritage while strengthening humanitarian ties with Belgium and the European Union.

Kazakhstan’s Ambassador to Belgium, Roman Vassilenko, noted the steady and multifaceted growth of cooperation with Belgium and the EU, emphasizing that cultural initiatives like this help build mutual understanding between nations.

President of the Diplomatic Club of Belgium, Ambassador Raoul Delcorde, also underlined the value of such events in promoting dialogue between governments and expanding cultural collaboration.

The opening featured a performance by artists from the Yerkegali Rakhmadiev State Academic Philharmonic of Astana. More than 40 Kazakh performers from various artistic disciplines traveled to Brussels for the festival, presenting a concert program that included both traditional Kazakh pieces and classical world music, which was warmly welcomed by the audience.

Shanyraq Fest Brussels demonstrates Kazakhstan’s ongoing efforts to deepen cultural and humanitarian engagement with European partners and serves as an effective platform for strengthening both bilateral and multilateral relations, as well as expanding cultural exchange.
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                <pubDate>Mon, 13 Apr 2026 22:50:00 +0500</pubDate>
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                <title><![CDATA[Kazakh Culture Festival “Shanyraq Fest Brussels” Launched in Belgium]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakh-culture-festival-shanyraq-fest-brussels-launched-in-belgium</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakh-culture-festival-shanyraq-fest-brussels-launched-in-belgium</guid>
                <description>The ceremonial opening, organized in cooperation with the Diplomatic Club of Belgium, was held at one of the prestigious venues in the Belgian capital – the Cercle Royal Gaulois with the participation of representatives of the diplomatic corps, honorary consuls, and members of business and cultural circles.

 
</description>
                <content:encoded><![CDATA[The official opening of the Kazakh culture festival Shanyraq Fest Brussels was held in Brussels, organized by the Embassy of the Republic of Kazakhstan in the Kingdom of Belgium with the support of the Astana City Administration.

The ceremonial opening, organized in cooperation with the Diplomatic Club of Belgium, was held at one of the prestigious venues in the Belgian capital – the Cercle Royal Gaulois with the participation of representatives of the diplomatic corps, honorary consuls, and members of business and cultural circles.

The festival, running from April 8 to 11, aims to promote Kazakhstan’s cultural heritage and to strengthen humanitarian ties between Kazakhstan, Belgium, and the European Union.

In his remarks, Ambassador of Kazakhstan to Belgium Roman Vassilenko highlighted the dynamic and comprehensive development of cooperation with Belgium and the EU, stating: “Cultural initiatives such as this festival contribute to strengthening mutual understanding between our societies.”

In turn, the President of the Diplomatic Club of Belgium, Ambassador Raoul Delcorde, emphasized the importance of such events for fostering intergovernmental dialogue and expanding cultural cooperation.

As part of the opening ceremony, artists of the Yerkegali Rakhmadiev State Academic Philharmonic of Astana performed. More than 40 talented Kazakh artists representing various fields of musical and performing arts arrived in Brussels to participate in the festival. The concert program featured renowned works of Kazakh national and classical world music, warmly received by the audience.

The Shanyraq Fest Brussels reflects a consistent commitment to deepening humanitarian engagement with European partners and is seen as a promising platform for further strengthening bilateral and multilateral relations, as well as expanding cultural exchange between Kazakhstan and European countries.
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                <pubDate>Thu, 09 Apr 2026 22:56:00 +0500</pubDate>
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                <title><![CDATA[Kazakhstan and Georgia Aim to Expand Partnership and Increase Mutual Trade Turnover]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-georgia-aim-to-expand-partnership-and-increase-mutual-trade-turnover</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakhstan-and-georgia-aim-to-expand-partnership-and-increase-mutual-trade-turnover</guid>
                <description>During the talks, the sides confirmed their readiness to further strengthen the political dialogue and implement the agreements reached at the highest and highest levels. The current issues of Kazakh-Georgian relations in trade, economic, investment, cultural and humanitarian fields were considered.

 
</description>
                <content:encoded><![CDATA[ Within the framework of the official visit of the Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev to Tbilisi, he met with the Prime Minister of Georgia Irakli Kobakhidze.

During the talks, the sides confirmed their readiness to further strengthen the political dialogue and implement the agreements reached at the highest and highest levels. The current issues of Kazakh-Georgian relations in trade, economic, investment, cultural and humanitarian fields were considered.

Noting that by the end of 2025, the trade turnover between Kazakhstan and Georgia amounted to 184.5 million US dollars, the parties noted the need to take practical measures to increase it.

«The existing potential of bilateral cooperation has not been fully realized and requires additional activation, primarily in the investment, trade, economic, transport and logistics spheres», - said Y.Kosherbayev.

An important topic of the talks was the expansion of investment cooperation. The interlocutors expressed interest in mutual increase of direct investments, as well as implementation of joint projects in such areas as logistics, infrastructure and trade.

«Kazakhstan is ready to expand cooperation with Georgia on the development of routes in the Caspian-Black Sea basin. In this context, it is very important to use the capabilities of the seaports of the two countries in cargo transportation», - noted Y.Kosherbayev.

It was emphasized that the development of the Trans-Caspian International Transport Route (TMTM) remains one of the key priorities of cooperation.

Special attention was paid to a major project in 2025 to launch a new multimodal terminal in the Georgian port of Poti with the participation of Kazakhstani investors. The terminal will contribute to an increase in freight traffic and will become an important link in the logistics chain of the «Middle Corridor».

During the meeting, a number of other issues in the fields of agriculture, tourism, and cultural and humanitarian cooperation were discussed.

The sides also exchanged views on topical issues on the regional and international agenda.
]]></content:encoded>
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                <pubDate>Tue, 07 Apr 2026 23:57:00 +0500</pubDate>
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                <title><![CDATA[Kazakhstan and Pakistan Boost Cooperation in the Tourism Sector]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-pakistan-boost-cooperation-in-the-tourism-sector</link>
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                <description>During the meeting, Ambassador Kistafin highlighted the key outcomes of the state visit of the President of Kazakhstan Kassym-Jomart Tokayev to Islamabad in February this year.

 
</description>
                <content:encoded><![CDATA[The Ambassador of the Republic of Kazakhstan to Pakistan Yerzhan Kistafin, held a meeting with the National Coordinator to the Prime-Minister of Pakistan on Tourism, Sardar Yasir Ilyas Khan.

During the meeting, Ambassador Kistafin highlighted the key outcomes of the state visit of the President of Kazakhstan Kassym-Jomart Tokayev to Islamabad in February this year. Both sides gave a high assessment of the talks and events held during the visit, noting their productivity and substantive nature.

In the context of the agreements reached, the parties discussed prospects for further strengthening bilateral cooperation in the tourism sector. Particular attention was given to fostering partnerships between tour operators, hotel establishments, and specialized educational institutions.

Sardar Yasir Ilyas Khan conveyed his intention to organize a delegation visit to cities of Kazakhstan later this year, aimed at holding meetings with relevant government authorities and representatives of Kazakhstan’s tourism industry.
]]></content:encoded>
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                <pubDate>Thu, 02 Apr 2026 22:50:00 +0500</pubDate>
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                <title><![CDATA[Kazakhstan and Uzbekistan continue to develop allied relations and strengthen strategic dialogue]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-uzbekistan-continue-to-develop-allied-relations-and-strengthen-strategic-dialogue</link>
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                <description>During the meeting, the foreign ministers reviewed a wide range of issues of multifaceted Kazakh-Uzbek cooperation, as well as discussed prospects for further strengthening political, trade-economic, investment, transit-transport, water-energy, and cultural-humanitarian cooperation.

 
</description>
                <content:encoded><![CDATA[As part of an official visit to Tashkent, Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held talks with Minister of Foreign Affairs of the Republic of Uzbekistan Bakhtiyor Saidov.

During the meeting, the foreign ministers reviewed a wide range of issues of multifaceted Kazakh-Uzbek cooperation, as well as discussed prospects for further strengthening political, trade-economic, investment, transit-transport, water-energy, and cultural-humanitarian cooperation.

The sides expressed their commitment to deepening strategic partnership and alliance based on friendship, mutual understanding and good neighborliness.

“Thanks to the political will of the heads of state in recent years, Kazakh-Uzbek relations have been brought to a qualitatively new level of interaction and demonstrate high dynamics of development at all levels,” Minister Kosherbayev noted during the conversation.

In turn, Minister Saidov confirmed that the presidents of the two states have set a long-term course for the progressive expansion of cooperation in both bilateral and multilateral formats.

In this context, the foreign ministers thoroughly discussed measures for the practical implementation of the agreements reached at the highest level during the first and second meetings of the Supreme Interstate Council in 2024-2025, and expressed readiness to further promote the inter-parliamentary and intergovernmental relations.

Special attention was paid to further development of trade-economic and investment cooperation.

“Significant progress has been made in recent years in deepening economic cooperation. Kazakhstan consistently ranks among Uzbekistan’s top three trading partners. In 2025, the bilateral trade increased by 16.2 percent and approached $5 billion,” Minister Kosherbayev said. In the context of the implementation of the agreements reached at the highest level, the ministers confirmed their intentions to facilitate further deepening of the economic partnership, including increasing bilateral trade to $10 billion.

The interlocutors also noted progress in industrial cooperation, which currently includes 78 investment projects worth $1.8 billion.

In this context, the implementation of such projects as the construction of the International Center for Industrial Cooperation “Central Asia”, hotels “Tashkent” in Astana and “Astana” in Tashkent, as well as the “Astana” district in “Yangi Tashkent” was also reviewed.

During the meeting, the sides highlighted the significant potential for cooperation in the development of transport corridors enabling both countries to access markets of the Middle East, South Asia and Europe. The sides expressed mutual readiness to promote fruitful interaction in this area.

In addition, the substantive agenda of cultural and humanitarian cooperation was emphasized as the foundation of strong and long-term relations between the two states.

The sides also underscored the importance of implementing projects in the educational field, and in particular, the activities of the branch of the Tashkent Institute of Irrigation and Agricultural Mechanization Engineers in Almaty and the Chirchik branch of South Kazakhstan Research University named after Mukhtar Auezov.

The ministers also exchanged views on current regional and international issues, confirmed their interest in strengthening cooperation within multilateral structures and expressed readiness to continue mutual support in promoting the initiatives of both countries.

The foreign ministers emphasized the importance of developing regional cooperation and joint efforts to strengthen peace and stability in Central Asia.

Following the talks, the Cooperation Program between the Ministries of Foreign Affairs of the Republic of Kazakhstan and the Republic of Uzbekistan for 2026-2027 was signed.
]]></content:encoded>
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                <pubDate>Tue, 31 Mar 2026 23:29:00 +0500</pubDate>
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                <title><![CDATA[Times Square in New York Hosted Nauryz Celebration]]></title>
                                <link>https://inbusiness.kz/ru/news/times-square-in-new-york-hosted-nauryz-celebration</link>
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                <description>The event featured a vibrant national costume showcase that drew the attention of many New Yorkers and tourists. Participants presented musical performances and elements of Kazakh culture, including the traditional Tusaukeser ceremony, and created an atmosphere of spring renewal, friendship, and unity.

 
</description>
                <content:encoded><![CDATA[Times Square hosted a Nauryz celebration that brought together Kazakh diplomats, members of the diaspora, students, and guests to the city.

The event featured a vibrant national costume showcase that drew the attention of many New Yorkers and tourists. Participants presented musical performances and elements of Kazakh culture, including the traditional Tusaukeser ceremony, and created an atmosphere of spring renewal, friendship, and unity.

A highlight of the program included a performance by the children’s ensemble “Alqissa” and the “Zhetigen” group who are currently taking part in the New York International Competition for Performing Arts 2026, organized by New York-based Secret Arts Center.

For the first time, Times Square heard the dombra, including Kurmangazy’s “Balbyraun” and “Adai.” American guitarist and dombra player Geoff Gersh joined the ensemble. He actively promotes Kazakh music and culture in New York City.

As part of a cultural outreach initiative, organizers distributed apples with QR codes that share information about Kazakhstan as the homeland of apples. Research, including National Geographic materials, supports this fact.

The celebration took place in a warm and friendly atmosphere, promoted Kazakh culture abroad, and strengthened cultural ties between Kazakhstan and the United States.
]]></content:encoded>
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                <pubDate>Thu, 26 Mar 2026 23:47:00 +0500</pubDate>
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                <title><![CDATA[Ambassador of Kazakhstan Presented Credentials to the Grand Duke of Luxembourg]]></title>
                                <link>https://inbusiness.kz/ru/news/ambassador-of-kazakhstan-presented-credentials-to-the-grand-duke-of-luxembourg</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/ambassador-of-kazakhstan-presented-credentials-to-the-grand-duke-of-luxembourg</guid>
                <description>For his part, Grand Duke Guillaume conveyed his best wishes to the Head of State and noted Kazakhstan’s growing role in regional and international politics. The monarch expressed Luxembourg’s interest in further developing bilateral cooperation in trade, economic, investment, and financial sectors.

 
</description>
                <content:encoded><![CDATA[Ambassador of the Republic of Kazakhstan to the Kingdom of Belgium and the Grand Duchy of Luxembourg, Roman Vassilenko, presented his credentials to the Grand Duke of Luxembourg Guillaume.

During the audience held at the Grand Ducal Palace, the parties discussed the current state and prospects for the development of cooperation between Kazakhstan and Luxembourg. Ambassador Vassilenko informed the Grand Duke about the political and socio-economic reforms being implemented at the initiative of the President of the Republic of Kazakhstan, Kassym‑Jomart Tokayev, as well as about the national referendum on the new draft Constitution.

For his part, Grand Duke Guillaume conveyed his best wishes to the Head of State and noted Kazakhstan’s growing role in regional and international politics. The monarch expressed Luxembourg’s interest in further developing bilateral cooperation in trade, economic, investment, and financial sectors.

Kazakhstan and Luxembourg continue to steadily develop political dialogue and economic cooperation. The Grand Duchy is one of Europe’s leading financial centers and an important partner of Kazakhstan within the European Union.

By GDP per capita, Luxembourg ranks among the world’s leading countries. According to the International Monetary Fund, in 2025 this indicator amounted to 146,000 US dollars. The cumulative gross inflow of direct investment from Luxembourg to Kazakhstan since 2005 has exceeded 3.7 billion US dollars, reflecting sustained interest of Luxembourg financial and investment entities in the Kazakh market.
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                <pubDate>Wed, 18 Mar 2026 23:35:00 +0500</pubDate>
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                <title><![CDATA[Kazakhstan’s Experience in Using Digital Technologies to Combat Drug Crime Presented in Vienna]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-s-experience-in-using-digital-technologies-to-combat-drug-crime-presented-in-vienna</link>
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                <description>Key speakers at the event included Oliver Stolpe, Regional Representative of UNODC; Alexey Rogov, Head of the OSCE Programme Office in Astana; and Tobias Jung Altrogge, Secretary General of FIAP.

 
</description>
                <content:encoded><![CDATA[On the margins of the 69th session of the UN Commission on Narcotic Drugs, Kazakhstan delegation organized a side event titled «The Digital Shield: The Role of Innovative Technologies in Detecting Illicit Drug Trafficking and Laundering of Criminal Proceeds». The event was co-organized by the United Nations Office on Drugs and Crime (UNODC), the Organization for Security and Co-operation in Europe (OSCE), the Central Asia Drug Action Programme (CADAP), and the Foundation for the Internationalization of Public Administrations (FIAP).

 Mukhtar Tileuberdi, Permanent Representative of Kazakhstan to the International organizations in Vienna, in his opening remarks emphasized the importance of international cooperation in countering the drug threat. He noted that new technologies can serve as a «Digital Shield», enabling states and international organizations to more effectively detect illicit flows and disrupt the activities of criminal networks.

Key speakers at the event included Oliver Stolpe, Regional Representative of UNODC; Alexey Rogov, Head of the OSCE Programme Office in Astana; and Tobias Jung Altrogge, Secretary General of FIAP.

During the side event, representatives of the Prosecutor General’s Office of the Republic of Kazakhstan, the Ministry of Internal Affairs, and the Agency for Financial Monitoring presented reports on the process of digital transformation of the drug control system and the introduction of modern technological solutions into the activities of Kazakhstan’s law enforcement agencies. They also outlined the set of measures implemented in the country to combat drug crime, as well as approaches to detecting crimes involving the use of virtual assets, including monitoring suspicious transactions and applying advanced analytical systems.

The event also highlighted the important contribution of civil society to drug crime prevention. In particular, representatives of the public foundations «Hak Nazar» and «Esbol Qory» spoke about the role of cooperation between the state and the civil sector in forming a comprehensive approach to combating drugs.

More than two hundred participants representing states, international organizations, the expert community, and civil society attended the event. The discussion generated strong interest among participants, confirming the relevance of the topic and the need to strengthen cooperation in this field.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Mon, 16 Mar 2026 23:40:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Kazakhstan and South Korea are exploring new areas of cooperation]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-south-korea-are-exploring-new-areas-of-cooperation</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakhstan-and-south-korea-are-exploring-new-areas-of-cooperation</guid>
                <description>During the meeting, the participants discussed the possibilities of implementing large-scale joint industrial and infrastructure projects. 

 
</description>
                <content:encoded><![CDATA[Today, Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, and Asel Suankulov, Director of the Investment Promotion and Marketing Department of JSC NC KAZAKH INVEST, met with Mr. Song Chang Hoi, General Director of Hyundai Engineering&amp;#39;s CIS branches. 

During the meeting, the participants discussed the possibilities of implementing large-scale joint industrial and infrastructure projects. 

&quot;Kazakhstan offers great opportunities for South Korean investors, including abundant natural resources, human capital, and digital technologies. Kazakhstan is interested in expanding the presence of South Korean companies in industry projects,&quot; noted Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan. 

The South Korean side expressed interest in investing in infrastructure projects, as well as data centers and other facilities.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Wed, 11 Mar 2026 23:35:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Informal Meeting of the Council of Foreign Ministers of the Organization of Turkic States Held in Istanbul]]></title>
                                <link>https://inbusiness.kz/ru/news/informal-meeting-of-the-council-of-foreign-ministers-of-the-organization-of-turkic-states-held-in-istanbul</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/informal-meeting-of-the-council-of-foreign-ministers-of-the-organization-of-turkic-states-held-in-istanbul</guid>
                <description>The meeting was chaired by Minister of Foreign Affairs of the Republic of Türkiye Hakan Fidan and attended by the foreign ministers of the OTS member states – Azerbaijan, Kazakhstan, Kyrgyzstan and Uzbekistan, as well as the Secretary General of the Organization.

 
</description>
                <content:encoded><![CDATA[An informal meeting of the Council of Foreign Ministers of the Organization of Turkic States (OTS) was held.

The delegation of Kazakhstan was headed by Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Bakayev.

The meeting was chaired by Minister of Foreign Affairs of the Republic of Türkiye Hakan Fidan and attended by the foreign ministers of the OTS member states – Azerbaijan, Kazakhstan, Kyrgyzstan and Uzbekistan, as well as the Secretary General of the Organization.

During the meeting, the participants exchanged views on pressing regional and global issues. They also discussed prospects for further strengthening political dialogue, expanding institutional cooperation, and promoting joint initiatives aimed at deepening interaction and integration within the Turkic world.

Particular attention was paid to the preparation of upcoming events within the framework of the Organization of Turkic States, as well as to strengthening coordination among member states in key areas of cooperation.

On the sidelines of the meeting, Deputy Minister Bakayev, together with the heads of other delegations, was received by President of the Republic of Türkiye Recep Tayyip Erdoğan. During the meeting, the sides discussed issues related to further strengthening the strategic partnership between Kazakhstan and Türkiye, as well as prospects for developing cooperation within the framework of Turkic cooperation.

The parties reaffirmed their mutual interest in further strengthening cooperation among the brotherly Turkic states and enhancing the role of the Turkic world in international and regional affairs.

Following the meeting, the Ministers of Foreign Affairs of the OTS adopted a Joint Statement on the recent developments in the Middle East and approved the Regulation on cooperation with third parties in the OTS+ format.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Tue, 10 Mar 2026 23:29:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Kazakhstan and Greece Aligned Positions on Key Areas of Cooperation]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-greece-aligned-positions-on-key-areas-of-cooperation</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakhstan-and-greece-aligned-positions-on-key-areas-of-cooperation</guid>
                <description>During the meeting, the sides discussed current issues and prospects of Kazakh-Greek cooperation, as well as the schedule of high-level contacts. A positive dynamic was noted in the political dialogue and in the trade and economic as well as cultural and humanitarian spheres.

 
</description>
                <content:encoded><![CDATA[Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Arman Issetov received Ambassador of the Hellenic Republic, Antonia Katzourou.

During the meeting, the sides discussed current issues and prospects of Kazakh-Greek cooperation, as well as the schedule of high-level contacts. A positive dynamic was noted in the political dialogue and in the trade and economic as well as cultural and humanitarian spheres.

“Greece is an important partner of Kazakhstan in the Mediterranean. We expressed readiness to expand the legal and treaty framework and deepen cooperation both bilaterally and within international organizations,” noted Deputy Minister Issetov.

In turn, Antonia Katzourou highlighted Athens’ commitment to further strengthening comprehensive ties with Kazakhstan, with particular attention to the development of cooperation in the field of tourism.

At the conclusion of the meeting, the interlocutors agreed to maintain regular political dialogue and continue working to expand Kazakh-Greek partnership across all areas.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Thu, 05 Mar 2026 23:29:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Statement by Spokesperson of the Ministry of Foreign Affairs of the Republic of Kazakhstan Yerlan Zhetybayev]]></title>
                                <link>https://inbusiness.kz/ru/news/statement-by-spokesperson-of-the-ministry-of-foreign-affairs-of-the-republic-of-kazakhstan-yerlan-zhetybayev</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/statement-by-spokesperson-of-the-ministry-of-foreign-affairs-of-the-republic-of-kazakhstan-yerlan-zhetybayev</guid>
                <description>We express regret over the strikes against civilian facilities of Arab states that are not participating in the war against Iran, and with which Kazakhstan consistently develops friendly relations and comprehensive cooperation.

 
</description>
                <content:encoded><![CDATA[We extend our deepest condolences to the people of Iran over the loss of civilian lives, including children, as well as members of the senior leadership of the Islamic Republic as a result of the recent tragic events.

We express regret over the strikes against civilian facilities of Arab states that are not participating in the war against Iran, and with which Kazakhstan consistently develops friendly relations and comprehensive cooperation.

Compliance with the norms of international humanitarian law requires special protection of civilian objects and the civilian population during armed conflicts. Kazakhstan, as one of the initiators of the Global Initiative to Strengthen Political Commitment to International Humanitarian Law, emphasizes the importance of preserving humanity in times of armed conflict.

We reaffirm our unwavering principled position on the need to resolve international disputes and conflicts exclusively through political and diplomatic means, with strict observance of international law and the UN Charter.

We call on all parties involved to exercise maximum restraint and responsibility in order to prevent further escalation of violence in the region.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Tue, 03 Mar 2026 23:43:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Kazakh Foreign Minister Meets with the British Business Community]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakh-foreign-minister-meets-with-the-british-business-community</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakh-foreign-minister-meets-with-the-british-business-community</guid>
                <description>Participants discussed prospects for expanding trade, economic and investment partnership between Kazakhstan and the United Kingdom. Particular attention was paid to cooperation in critical minerals and rare earth elements.

 
</description>
                <content:encoded><![CDATA[As part of his visit to London, Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev took part in a roundtable meeting with representatives of the British business community. The British side was represented by Acting Minister of State for Business and Trade and Co-Chair of the UK side of the Kazakhstan-UK Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation Chris Bryant, Chairman of the British-Kazakh Society Rupert Goodman, as well as senior executives of leading British companies, including Maritime House, Weir Group, Perry Engineering, Car Park Transformer, British Petroleum, Standard Chartered Bank, UK Export Finance, London Stock Exchange Group, Gleeds, Better Earth, Eutelsat One Web, and representatives of Coventry University and Cardiff University.

Participants discussed prospects for expanding trade, economic and investment partnership between Kazakhstan and the United Kingdom. Particular attention was paid to cooperation in critical minerals and rare earth elements.

“Within the framework of ongoing institutional reforms, Kazakhstan continues to strengthen investor protection and offer targeted tax incentives and preferences. We remain firmly committed to ensuring that your investments generate long-term returns, supported by political stability, a favorable business climate, and consistent efforts to unlock new opportunities in our economy,” emphasized Minister Kosherbayev in his remarks.

The Kazakh diplomat also briefed representatives of the UK business community on Kazakhstan’s achievements over the past 25 years.

“Kazakhstan has achieved substantial economic growth, averaging 5.7% in real terms annually. According to the latest IMF data, our nominal GDP exceeds 300 billion US dollars, placing us among the world’s top 50 economies. Kazakhstan currently accounts for more than 60% of all foreign direct investment flows into Central Asia, reinforcing its position as the economic hub of the region,” Minister Kosherbayev stated.

In turn, Deputy Minister Bryant highlighted the success of British investors in Kazakhstan and stressed the importance of bilateral cooperation. He expressed readiness to advance joint work in green economy projects, rare earth elements, transport and transit, education, and AI-IT. He noted that these initiatives create sustainable investment opportunities, strengthen long-term partnerships, and contribute to diversifying supply chains of critical materials to international markets.

Participants agreed that strengthening economic cooperation contributes to the sustainable development of the region. They also emphasized the importance of moving the Kazakhstan-UK partnership from dialogue to the implementation of concrete projects in new areas of Kazakhstan’s economic development.

Following the event, the parties signed:

- the Kazakhstan-UK Roadmap on Strategic Partnership in the Field of Critical Minerals through 2027;

- a Memorandum on expanding partnership and intentions to open a licensed campus in Almaty between Coventry University and Coventry University Kazakhstan.

In addition, it was announced that the presence of British educational institutions in Kazakhstan will be further expanded, including the opening of Charterhouse School in Almaty, the launch of an Artificial Intelligence Centre by Cardiff University, and the opening of a new campus of Heriot-Watt University in Aktobe.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Wed, 25 Feb 2026 22:17:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Kenya is Interested in Expanding and Deepening Trade, Economic and Investment Cooperation with Kazakhstan]]></title>
                                <link>https://inbusiness.kz/ru/news/kenya-is-interested-in-expanding-and-deepening-trade-economic-and-investment-cooperation-with-kazakhstan</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kenya-is-interested-in-expanding-and-deepening-trade-economic-and-investment-cooperation-with-kazakhstan</guid>
                <description>The Embassy of Kazakhstan in Kenya, together with the Kenya Chamber of Commerce and Industry, organized a business forum on trade, economic, and investment cooperation.

 
</description>
                <content:encoded><![CDATA[The event was attended by the Permanent Secretary of Information, Communications and Digital Economy of Kenya Stephen Isaboke, the National Director of the Chamber of Commerce and Industry, Ken Onditti, the Director of the Department of Economic Affairs and Commercial Diplomacy of the Ministry of Foreign Affairs of Kenya Evans Matura, the Director of the Department of the national company “KenInvest” Pius Rotich, as well as heads and representatives of more than 25 Kenyan businesses.

From the Kazakh side, representatives of JSC “Center for Trade Policy Development “QazTrade”, JSC “Export Credit Agency of Kazakhstan”, JSC “National Company “Kazakh Invest”, the National Chamber of Entrepreneurs of the Republic of Kazakhstan “Atameken”, the company “NS Art venture Labs”, “TransAsia Logistics” participated in an online format. They presented the activities of their organizations, and also shared assessments of the state and prospects for the development of bilateral trade, economic and investment cooperation with Kazakhstan.

Ambassador of Kazakhstan in Kenya Barlybai Sadykov informed participants about the political reforms being carried out in Kazakhstan, plans for national economic development, and prospects for bilateral cooperation with Kenya in various areas, including agriculture, industry, ICT, space, energy, tourism, construction, and others.

Kenya&amp;#39;s Permanent Secretary of Information, Communications and Digital Economy, S.Isaboke, noted that Kenya is interested in expanding and deepening trade, economic, and investment cooperation with Kazakhstan, and has a highly developed infrastructure, favorable conditions for project implementation, and qualified specialists in various sectors of the economy. They emphasized that Kenya is one of the continent&amp;#39;s fastest growing countries, a regional logistics hub, and a sea gateway for developing trade with East African countries. He praised Kazakhstan&amp;#39;s achievements in digital transformation and called for closer cooperation between the two countries in e-government systems, financial technologies, cybersecurity, and startup incubation.

Following the forum, the Kenya Chamber of Commerce and Industry intends to develop a framework program to expand cooperation between the business communities of the two countries, as well as send a delegation of Kenyan businessmen to Kazakhstan to hold business meetings and discuss new areas of bilateral trade, economic, and investment cooperation. Furthermore, the Chamber will prepare a market entry fact sheet for Kenyan exporters in Kazakhstan, which will include information on product certification requirements, regulatory and compliance guidance, and logistics and supply chain advice.

As part of the business forum, an exhibition of products from a number of Kenyan companies specializing in the export of coffee, tea, flowers, and citrus fruits was organized. A lively exchange of views took place between representatives of the Kenyan business community on prospects for cooperation with Kazakhstan.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Thu, 19 Feb 2026 22:46:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Kazakhstan and Tajikistan Continue to Develop Allied Relations and Strengthen Strategic Dialogue]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-tajikistan-continue-to-develop-allied-relations-and-strengthen-strategic-dialogue</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakhstan-and-tajikistan-continue-to-develop-allied-relations-and-strengthen-strategic-dialogue</guid>
                <description>During the meeting, President Rahmon expressed satisfaction with the steady advancement of bilateral cooperation in the spirit of strategic partnership and alliance, emphasizing the importance of further strengthening comprehensive engagement between the two countries.

 
</description>
                <content:encoded><![CDATA[As part of his official visit to Dushanbe, Minister of Foreign Affairs of the Republic of Kazakhstan, Yermek Kosherbayev, was received by the President of the Republic of Tajikistan, Emomali Rahmon.

During the meeting, President Rahmon expressed satisfaction with the steady advancement of bilateral cooperation in the spirit of strategic partnership and alliance, emphasizing the importance of further strengthening comprehensive engagement between the two countries.

For his part, Minister Kosherbayev conveyed warm greetings and best wishes on behalf of the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, and informed the Tajik side about the progress in implementing the agreements reached at the highest and high levels.

“I would like to emphasize that Kazakh-Tajik relations demonstrate stable and progressive development and possess considerable potential,” – the Kazakh Foreign Minister noted.

Minister Kosherbayev also briefed President Rahmon in detail on the current state and prospects for further expansion of Kazakh-Tajik cooperation. Particular attention was paid to deepening trade and economic ties, including joint efforts to achieve the goal set by the Heads of State to increase bilateral trade turnover to 2 billion US dollars.

The meeting also covered topical issues on the international and regional agenda. The high level of cooperation between Kazakhstan and Tajikistan within multilateral frameworks, including mutual support, was underscored.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Tue, 17 Feb 2026 23:00:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Six fairs were held in the North Kazakhstan region]]></title>
                                <link>https://inbusiness.kz/ru/news/six-fairs-were-held-in-the-north-kazakhstan-region</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/six-fairs-were-held-in-the-north-kazakhstan-region</guid>
                <description>At the fairs, the public is offered a wide range of agricultural products—approximately 25 items, including beef, pork, lamb, poultry, dairy products, potatoes, vegetables, bee products, and products from processing plants.

 
</description>
                <content:encoded><![CDATA[The city of Petropavlovsk regularly hosts weekly agricultural fairs attended by agricultural producers and processing plants in the region. The fairs are held every Saturday at three city markets: Altyn Arman, Kyzylzhar Akbastau, and Dariya.

At the fairs, the public is offered a wide range of agricultural products—approximately 25 items, including beef, pork, lamb, poultry, dairy products, potatoes, vegetables, bee products, and products from processing plants.

Recommended prices for key products have been established for the fairs. Horse meat, for example, sells for 2,800 tenge/kg. The average price for beef is 2,900 tenge/kg (loin: 3,200 tenge, spare ribs: 2,700 tenge, ribs: 2,800 tenge, shoulder: 3,000 tenge, and brisket: 2,800 tenge). The average price for pork is 1,900 tenge/kg (backbone - 2,000 tenge, back - 2,100 tenge, shoulder - 1,900 tenge, loin and ribs - 1,700 tenge). The average price for lamb is 2,500 tenge/kg (back - 2,900 tenge, ribs - 2,100 tenge).

On February 7, 2026, the city of Petropavlovsk hosted the next agricultural fair, attended by agricultural producers from six districts of the region: Aiyrtau, Taiynshin, Shal Akyn, Akkayin, Kyzylzhar, and M. Zhumabayev districts.

The following product range was on display at the fair: 4 beef carcasses, 1 pork carcass, 13 lamb carcasses, 378 kg of poultry, 2,052 kg of dairy products, 160 kg of honey, 437 kg of potatoes, 100 kg of carrots and beets, 55 kg of cabbage, 25 kg of onions, 90 kg of fish, and 4,010 eggs.

A total of 4,847 kg of produce were sold at the fair, valued at 7.7 million tenge.

Since the beginning of this year, 15 agricultural fairs have been held in Petropavlovsk markets. Total sales since the beginning of the year amounted to 36.3 million tenge.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Wed, 11 Feb 2026 21:38:00 +0500</pubDate>
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                <title><![CDATA[Kazakhstan Pavilion in Mumbai Receives International Recognition]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-pavilion-in-mumbai-receives-international-recognition</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakhstan-pavilion-in-mumbai-receives-international-recognition</guid>
                <description>The Kazakhstan pavilion presented the country&amp;#39;s rich and harmonious cultural heritage, embodied in a contemporary design solution.

 
</description>
                <content:encoded><![CDATA[Kazakh delegation took part in one of Asia&amp;#39;s largest international tourism exhibitions, Outbound Travel Market (OTM) 2026.

The Kazakh delegation included representatives of the Embassy of Kazakhstan in India and the Almaty City Administration. In addition, the event was attended by executives from leading Kazakhstan&amp;#39;s tourism companies, as well as representatives from organizations such as Air Astana, the Ritz-Carlton Kazakhstan hotel chain, and other industry-specific companies.

The Kazakhstan pavilion presented the country&amp;#39;s rich and harmonious cultural heritage, embodied in a contemporary design solution. The exhibition vividly demonstrated Kazakhstan&amp;#39;s national craftsmanship, culture, and identity, helping to strengthen its position as one of Central Asia&amp;#39;s leading touristic destinations.

The exhibition attracted considerable attention from the professional community and, at the end of the exhibition, was awarded the prestigious prize for “Best Promotion of Urban Tourism.”

As part of the exhibition in Mumbai, the Kazakh delegation held more than 100 targeted B2B meetings with leading tour operators, airlines, and international hotel chains. The talks focused on developing inbound tourism, creating new tourism products, and expanding partnerships, with a particular emphasis on the promising Indian market.

On the final day of the exhibition, Kazakhstan strengthened its steadily developing cooperation with the Indian tourism industry by organizing a themed networking evening held in conjunction with the OTM-2026 exhibition.

The format of the meeting combined the presentation of touristic destinations and substantive industry dialogue, which clearly reflected the sustained momentum of cooperation between Kazakhstan and India in the fields of tourism, aviation, and investment.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Tue, 10 Feb 2026 23:23:00 +0500</pubDate>
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                    <item>
                <title><![CDATA[Kazakhstan and Portugal Aim to Expand Cooperation]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-portugal-aim-to-expand-cooperation</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakhstan-and-portugal-aim-to-expand-cooperation</guid>
                <description>During the meeting, Deputy Minister Issetov warmly welcomed the Portuguese diplomat and expressed confidence that his appointment would open a new stage of cooperation between Kazakhstan and Portugal.

 
</description>
                <content:encoded><![CDATA[ Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Arman Issetov received copies of credentials from the newly appointed Ambassador of the Portuguese Republic José Ataíde Amaral.

During the meeting, Deputy Minister Issetov warmly welcomed the Portuguese diplomat and expressed confidence that his appointment would open a new stage of cooperation between Kazakhstan and Portugal.

The diplomats held detailed discussions on the current state and prospects of bilateral cooperation in the political, trade and economic, as well as cultural and humanitarian spheres, emphasizing the importance of expanding the legal and contractual framework, which would significantly enhance mutually beneficial contacts between the two countries.

Following the talks, the sides reaffirmed their mutual commitment to intensifying efforts aimed at the further development of Kazakh-Portuguese cooperation.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Mon, 09 Feb 2026 22:41:00 +0500</pubDate>
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                <title><![CDATA[“Investment Order”: A USD 500 million chrome processing project to be implemented in Aktobe Region]]></title>
                                <link>https://inbusiness.kz/ru/news/investment-order-a-usd-500-million-chrome-processing-project-to-be-implemented-in-aktobe-region</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/investment-order-a-usd-500-million-chrome-processing-project-to-be-implemented-in-aktobe-region</guid>
                <description>The project is aimed at developing a chemical and metallurgical cluster and forming new production facilities with high value added.

 
</description>
                <content:encoded><![CDATA[In Aktobe Region, the implementation of an investment project for deep chrome processing is being elaborated, initiated under the “investment order” mechanism at the request of the regional akimat. The project is aimed at developing a chemical and metallurgical cluster and forming new production facilities with high value added.

The project, implemented by Sichuan YinHe Chemical Co. Ltd., one of the world’s largest players in chrome processing, provides for the creation of a modern production complex for deep processing of chrome-containing raw materials with the output of fertilizers, chemical products, metallurgical components, and biologically active additives. The planned capacity of the enterprise will amount to up to 200,000 tons of products per year. The projected annual output volume is estimated at approximately USD 1 billion, while the value of certain types of products may reach up to USD 300,000 per ton. The total investment volume is estimated at around USD 500 million, with the potential to create more than 600 jobs.

Commenting on the signing of the agreement, Chairman of the Management Board of KAZAKH INVEST National Company JSC Sultangali Kinzhakulov noted:

“During a systematic analysis of the investment potential of Aktobe Region, the chrome and chemical-metallurgical industry was identified as a priority area, taking into account the region’s resource base, export potential, and opportunities to form a full production cycle. Implementation of the project will significantly expand the depth of raw material processing and reduce exports of raw semi-finished products.”

As part of the project elaboration, the national company KAZAKH INVEST held negotiations with leading international companies in the sector, following which a visit of the Kazakh delegation to the production facilities of Sichuan YinHe Chemical Co. Ltd. was organized. During the visit, the parties discussed technological solutions, environmental standards, and parameters for possible localization of production in Kazakhstan.

Following the negotiations, the parties confirmed their mutual interest in implementing the investment project and signed the relevant agreement. Implementation of the initiative will make it possible to create a new high-tech production facility in the region, ensure sustainable demand for local raw materials, and strengthen Kazakhstan’s position in the global market for deep chrome processing products.
]]></content:encoded>
                <dc:creator xmlns:dc="http://purl.org/dc/elements/1.1/"></dc:creator>
                <pubDate>Thu, 05 Feb 2026 23:24:00 +0500</pubDate>
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                <title><![CDATA[Kazakh Foreign Minister Received by the President of Türkiye]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakh-foreign-minister-received-by-the-president-of-turkiye</link>
                <guid isPermaLink="true">https://inbusiness.kz/ru/news/kazakh-foreign-minister-received-by-the-president-of-turkiye</guid>
                <description>During the meeting, President Erdoğan expressed satisfaction with the dynamic development of bilateral cooperation within the framework of an enhanced strategic partnership, emphasizing the importance of further deepening comprehensive and multifaceted engagement between the two countries.

 

 
</description>
                <content:encoded><![CDATA[ As part of an official visit to Ankara, the Minister of Foreign Affairs of the Republic of Kazakhstan, Yermek Kosherbayev, was received by the President of the Republic of Türkiye, Recep Tayyip Erdoğan.

During the meeting, President Erdoğan expressed satisfaction with the dynamic development of bilateral cooperation within the framework of an enhanced strategic partnership, emphasizing the importance of further deepening comprehensive and multifaceted engagement between the two countries.

In turn, Minister Kosherbayev conveyed warm greetings and best wishes to the Turkish leader on behalf of the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, and informed him about the progress in implementing agreements reached at the highest and high levels.

The parties discussed avenues and prospects for further strengthening Kazakh-Turkish relations based on brotherhood and strong friendship. They highly appreciated the close coordination between Kazakhstan and Türkiye within international organizations, including in the framework of Turkic integration, in a spirit of mutual trust and support, and noted the similarity of their positions on key global and regional issues.
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                <pubDate>Tue, 03 Feb 2026 22:35:00 +0500</pubDate>
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                <title><![CDATA[Kazakhstan and ExxonMobil – Strengthening Strategic Partnership in Energy Sector]]></title>
                                <link>https://inbusiness.kz/ru/news/kazakhstan-and-exxonmobil-strengthening-strategic-partnership-in-energy-sector</link>
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                <description>During the meeting, the sides discussed ExxonMobil’s current operations in Kazakhstan, including its participation in key energy projects, and also considered avenues for further expanding investment cooperation and strengthening mutually beneficial economic ties.

 
</description>
                <content:encoded><![CDATA[Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held a meeting with Senior Vice President of ExxonMobil Peter Larden.

During the meeting, the sides discussed ExxonMobil’s current operations in Kazakhstan, including its participation in key energy projects, and also considered avenues for further expanding investment cooperation and strengthening mutually beneficial economic ties.

Minister Kosherbayev highlighted the important role of ExxonMobil as one of the Kazakhstan’s key partners in the oil and gas sector, emphasizing the company’s contribution to the implementation of strategic projects, the stability of the energy market, and the activities of the Foreign Investors’ Council under the President of the Republic of Kazakhstan.

In turn, Senior Vice President Larden highly appreciated Kazakhstan’s efforts to improve the investment climate and create favorable conditions for foreign investors, expressing readiness to continue long-term cooperation in the interests of sustainable development of the country’s energy sector.
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                <pubDate>Thu, 29 Jan 2026 23:26:00 +0500</pubDate>
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