Today in Ukimet Uyi, Prime Minister of the Republic of Kazakhstan Bakytzhan Sagintayev held a meeting with the US Acting Assistant Secretary of State, Alice Wells.

The meeting covered issues of bilateral cooperation in various areas of trade and economic development of the countries. In particular, they considered areas of cooperation in the fuel and energy, legal, financial, tax and other spheres, as well as in attracting investments and the latest technologies of leading American companies into the economy of Kazakhstan.

For reference: The volume of trade between Kazakhstan and the US for January-September of 2017 amounted to 1248.5 million USD, which is 5% higher than for the same period in 2016 (1188.7 million USD).

Kazakhstan's exports to the United States amounted to 304.1 million USD. Imports from the United States to Kazakhstan totaled 944.4 million USD, having increased 6.8% (884.1 million USD) compared with the same period of 2016.

According to the National Bank of the Republic of Kazakhstan, in the structure of gross inflow of direct foreign investments since 2005, the United States accounts for about 27 billion USD or more than 12% of the total 223 billion USD.

The US is the second largest investor in Kazakhstan (2.2 billion USD) after the Netherlands (5.7 billion USD).

There are about 500 companies involving US capital in Kazakhstan, of which 443 are small, 23 medium, and 30 large. 141 companies are joint ventures, 41 companies are engaged in the production of goods and 37 companies export products to other countries.

Published: 30 November 2017



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