Kazakhstan-Slovenia Business Forum held in Astana

Kazakhstan-Slovenia Business Forum held in Astana

Kazakhstan aims to position itself as a leading trade and logistics hub in Eurasia, providing businesses with direct access to the 1.5 billion-strong market of the EAEU, Central Asia, and China. President Kassym-Jomart Tokayev emphasized this today at the Kazakhstan-Slovenia Business Forum, where he outlined opportunities for foreign investors. With a rapidly growing economy, Kazakhstan is one of the region’s major players and has significant potential as a logistics center. Last year, cargo transportation through the country reached a record 514 billion ton-kilometers. Currently, Kazakhstan facilitates 90% of overland trade between Europe and China.

«We are actively developing major international corridors, including the Middle Corridor and the North-South corridor. Our seaports in Aktau and Kuryk are instrumental in facilitating cargo transit across the Caspian Sea, having reached a record of 4.5 million tonnes of cargo transported last year alone. We look forward to sharing expertise and deepening cooperation with the port of Koper, as we know the largest port in Slovenia, to strengthen connectivity and trade facilitation,» Tokayev said.  

The Head of State identified industrial and energy cooperation as a promising area for bilateral relations. There are significant opportunities in this sector, particularly given that nearly 70% of Kazakh oil is exported to EU countries. Additionally, the country produces 19 rare earth elements. Another promising sector for partnership is green energy. Furthermore, President Tokayev encouraged Slovenian partners to collaborate on joint investment projects in agriculture, pharmaceuticals, and the IT sector.