Deputy Minister of Foreign Affairs of the Republic of Kazakhstan, Alibek Kuantyrov, the Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, Gabidulla Ospankulov, and the Chairman of the Board of JSC “NC “Kazakh Invest”, Yerzhan Yelekeyev, held a meeting with the Chairman of the Korean Importers Association (KOIMA), Byung-Kwan Kim, DKnews.kz reports
During the meeting, Kuantyrov introduced the interlocutor Kazakhstan’s investment climate, government support measures, and promising areas for expanding Kazakh-Korean cooperation. The Deputy Minister highlighted Kazakhstan’s interest in joint projects in the food industry, healthcare, and the localization of component production from rare earth metals, given the availability of necessary raw materials in the country.
It was also emphasized that Kazakhstan’s new investment policy focuses on developing high value-added industries with an emphasis on further export opportunities. In this regard, advanced Korean technologies could play a crucial role in enhancing both human resources and technological potential.
Byung-Kwan Kim noted that Kazakhstan’s rich resource base, combined with South Korea’s experience and expertise, creates excellent conditions for localizing the production of export-oriented goods. However, the KOIMA Chairman expressed concern over logistical issues, which complicate the export of Kazakh products to South Korea due to the geographic distance between the two countries.
At the conclusion of the meeting, the parties agreed to develop cooperation in the agricultural sector, starting with the supply of Kazakh wheat to South Korea. They also committed to continuing discussions on logistical issues to facilitate product exports.
