Kazakhstan and U.S.: strengthening strategic partnership

New agreements signed during President Kassym-Jomart Tokayev’s visit to the U.S. are expected to strengthen the strategic partnership between the two countries, according to domestic analysts. Of particular importance is the agreement on the joint development of some of the world’s largest untapped tungsten deposits - Northern Katpar and Upper Kairakty, located in the Karagandy region. The agreement was signed on the sidelines of the C5+1 summit in Washington by the Kazakh company Tau-Ken Samruk and the American company Cove Capital. The project’s investment volume exceeds $1 billion. During the talks in the U.S. capital, special attention was paid to rare earth metals, which are in demand on the global market. In addition, it is expected that new American companies will enter the market and invest simultaneously in several sectors, including energy, mining, and infrastructure. The parties also agreed to increase exports of Kazakh industrial and agricultural products to the U.S..

«Business meetings were held in the U.S., during which numerous agreements were signed in the fields of transport, logistics, AI, innovation, and healthcare. A significant inflow of investments is expected. Undoubtedly, the summit was very successful,» noted Ainur Tukumova, expert of the International Security Department at the Kazakhstan Institute for Strategic Studies under the President of Kazakhstan. 

Web-editor: Арайлым Серқанова