BAKU, Azerbaijan, June 17. The bilateral trade
turnover between Kazakhstan and Spain reached $1.93 billion over
the past year, highlighting steady economic engagement between the
two countries.
This was announced during the first session of the
Kazakhstan-Spain Forum held in Astana, which brought together
senior officials, entrepreneurs, and experts to discuss expanding
strategic partnerships.
"Kazakhstan acts as a strategic bridge between Europe and Asia,
while Spain brings internationally recognized expertise in
infrastructure, innovation, sustainable development, tourism, and
industrial modernization," Kazakhstan's Deputy Foreign Minister
Arman Issetov stated.
According to the Deputy Minister, key Spanish corporations -
including Airbus, Maxam, Talgo, Técnicas Reunidas, Glovo, Roca, and
Inditex - have already successfully established themselves in the
Kazakh market. The official noted that prospective vectors for
deepened commercial ties span transport and logistics, renewable
energy, digital technology, water resource management, advanced
manufacturing, and agribusiness. Furthermore, the forum highlighted
that Spain has injected approximately $345 million in foreign
direct investment (FDI) into Kazakhstan between 2005 and 2025, with
35 joint ventures currently operational across the country.
The event featured three thematic panel sessions addressing the
European Union's Central Asia strategy, sustainable urban
infrastructure, and shared best practices in tourism and sports.
Led alongside Spain’s State Secretary for Foreign and Global
Affairs Diego Martínez Belío, the forum concluded with a series of
agreements aimed at sustaining an active political and corporate
dialogue to advance bilateral investment initiatives.
