BAKU, Azerbaijan, June 30. A Memorandum of
Understanding on strategic partnership has been signed between the
National Chamber of Entrepreneurs of Kazakhstan Atameken and the US
Chamber of Commerce’s US–Kazakhstan Business Council, Atameken
reports.
The document was signed following the Kazakhstan–United States
Business Roundtable held in Astana.
"The memorandum is aimed at further expanding direct engagement
between the business communities of the two countries, implementing
joint investment projects and strengthening institutional
cooperation," Atameken said.
Opening the event, Chairman of the Presidium of the National
Chamber of Entrepreneurs Atameken Kanat Sharlapayev said Kazakhstan
and the United States have built a strong foundation for bilateral
economic cooperation over the years.
He noted that US companies were among the first strategic
investors in independent Kazakhstan, helping establish a long-term
partnership, while current bilateral engagement is increasingly
moving beyond traditional trade ties toward technological
cooperation, production localization and the creation of new growth
drivers.
Sharlapayev emphasized that one of Kazakhstan’s priorities
remains the development of a transparent, predictable and
competitive regulatory environment for foreign investors. In
cooperation with the government, the country continues work on
improving tax administration, reducing administrative barriers and
creating favorable conditions for long-term investment
projects.
He also outlined several emerging areas of cooperation of mutual
interest to Kazakhstan and the United States. These include
development of critical materials and rare earth metals projects
with deep-processing facilities and joint research centers,
expansion of the Trans-Caspian International Transport Route with
participation of US companies in modernizing port and logistics
infrastructure, and cooperation in the digital economy, artificial
intelligence and fintech sectors through the Astana International
Financial Centre.
Particular attention was also given to the agricultural sector.
Kazakhstan proposed developing joint projects with US partners in
precision agriculture, deep processing of agricultural products,
localization of modern agricultural machinery manufacturing and
irrigation systems.
“We are interested not simply in attracting capital, but in
creating modern industries, transferring technologies, fostering
innovation and generating new sources of economic growth.
Kazakhstan seeks to develop partnerships that create long-term
economic value for both countries,” Sharlapayev said.
