BAKU, Azerbaijan, June 11. Kazakhstan's
QazaqGaz discussed prospects for a partnership with the financial
institutions of China.
This is stated by the press service of the Kazakh company.
The issues were discussed during a meeting between Deputy
Chairman for Economics and Finance of QazaqGaz, Zhanbolat Mirmanov,
with a delegation from China International Capital Corporation
(CICC) and representatives of financial and investment institutions
from China and Hong Kong.
The sides discussed prospects for expanding bilateral
cooperation, attracting investment, and implementing joint
initiatives.
Participants also considered potential areas of cooperation
between QazaqGaz and CICC, with a particular focus on financing
opportunities, development of gas infrastructure, and possible
participation of financial institutions in promising projects, the
company said.
Economic ties between Kazakhstan and China have been developing
dynamically. Earlier this month, the Chief Executive of the Hong
Kong Special Administrative Region of China paid a historic
first-ever visit to Kazakhstan, arriving with a 75-member
delegation representing logistics, green energy, mining,
innovation, technology, and education sectors.
According to the Bureau of National Statistics of Kazakhstan,
China became the country’s largest trading partner in the first
quarter of 2026, with bilateral trade reaching $7.8 billion,
accounting for 23.8% of Kazakhstan’s total foreign trade turnover.
The figure increased by 30% compared to the same period last
year.
