The Kazakh Government is ready to implement the agreements reached
with South Korea, as announced at a meeting between the country’s Prime
Minister Olzhas Bektenov and South Korea’s President Yoon Suk Yeol. Bektenov
emphasized that the country is interested in joint projects in such areas as
energy, exploration and processing of rare earth metals, infrastructure, production
of cars and their components, as well as water efficiency. New agreements open
opportunities for the localization of major corporations’ production. Particularly,
Kazakhstan is interested in the manufacturing of batteries for electric
vehicles using South Korean technologies and elevator equipment. The issue of
launching new passenger air routes between the countries will also be worked
out due to a twofold increase in the number of Korean tourists to Kazakhstan
over the past year.
