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New Europe (13 December 2019)

Kazakhstan’s Foreign Minister Mukhtar Tleuberdi, during an official visit to Washington, and US Secretary of State Mike Pompeo discussed issues of enhanced strategic partnership, the Kazakh Foreign Ministry said on 13 December.

Given the priority of economic diplomacy on the foreign policy agenda, Tleuberdi also visited the World Bank headquarters in Washington. During a meeting with Vice President for Europe and Central Asia Cyril Muller, the parties discussed topical issues of bilateral cooperation between Kazakhstan and the financial institutions of the Bank’s group, the Kazakh Foreign Ministry said, adding that economic cooperation, traditionally, is one of the priority areas of cooperation between Kazakhstan and the US.

According to the Ministry of Foreign Affairs of Kazakhstan, in January-October 2019, bilateral trade amounted to $ 1.8 billion. Export from Kazakhstan to the United States amounted to $ 682 million, while imports to Kazakhstan from the United States reached $ 1.1 billion.

At the end of 2018, US investment in Kazakhstan set a new absolute record, reaching $ 5.3 billion. In general, the gross volume of direct foreign investments from the United States into the economy of Kazakhstan since 2005 amounted to about $40 billion.

https://www.neweurope.eu/article/kazakhstan-us-discuss-enhanced-economic-cooperation/