Kazakhstan attracts $9bln of investments from Japan, bilateral trade hits $2bln
Kazakhstan and Japan have agreed to expand trade-economic cooperation. This is what Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu said at a meeting with his Japanese counterpart Takeshi Iwaya in Astana, Kazinform News Agency reports.
“Japan is a reliable strategic partner of our country in the Asian region,” Murat Nurtleu said.
He emphasized that Japan ranks among the country’s Top-10 investors, with $9 billion dollars already invested in Kazakhstan’s economy.
Leading Japanese corporations such as Mitsubishi, Sumitomo, Marubeni, Mitsui are operating in Kazakhstan today.
“Last year, mutual trade turnover approached $2 billion. I am confident we have all chances to significantly increase this figure,” said the Kazakh Foreign Minister.
The sides discussed the prospects for signing long-term agreements on the export of non-ferrous metals, including gallium and manganese sulphate. Kazakhstan possesses rich reserves of rare elements required for green transformation: of 32 types of raw materials used in Japan's green technologies, 22 are extracted in Kazakhstan.
“In this context, we expressed readiness to implement certain investment projects between Tau-Ken Samruk and Japan’s oil and gas and metallurgy corporation JOGMEC,” Murat Nurtleu said.
Earlier it was reported that Kazakhstan's Flag was raised in Japan in honor of National Day at EXPO 2025 Osaka.
