ASTANA, Kazakhstan, December 20. Kazakhstan and
Japan have agreed on a broad package of new cooperation
initiatives, signing more than 60 bilateral documents with total
value of $3.7 billion following the Central Asia–Japan summit,
Trend reports via the
press service of Kazakh president.
Speaking at the summit and related business events, President
Tokayev emphasized the growing importance of bilateral economic
ties and the need to further intensify cooperation. According to
him, mutual trade turnover reached around $2 billion last year,
while Japanese investments in Kazakhstan’s economy have exceeded
$8.5 billion.
“Kazakhstan supplies uranium, rare earth metals, and oil to the
Japanese market. Japan has become a major investor in Kazakhstan’s
economy, and we highly value long-standing cooperation with leading
Japanese corporations, as well as the active involvement of small
and medium-sized Japanese companies in our country,” Tokayev
said.
According to the President, the outcomes of the Central
Asia–Japan Business Forum, held alongside the summit, are expected
to strengthen direct business-to-business contacts and lead to
concrete agreements on new investment projects.
