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Kazakhstan and China approve new investment agreement

Kazakhstan Senate approved a new agreement regulating the mutual protection of investments with China. The regulation has been updated to replace the existing 1992 agreement.

Kazakhstan and China approve new investment agreement

The new agreement aims to strengthen investor rights in line with international standards and prevent discrimination. Within this framework, the objective is to establish a more predictable and transparent investment environment between the two countries.

In recent years, with increasing economic cooperation particularly in mining, energy, and agriculture sectors, the updated framework is expected to bring more technology investments, employment growth, and export contributions to Kazakhstan.

On the other hand, the large scale aluminum production project planned by China based East Hope Group in Kazakhstan has also come into focus. The investment, valued at approximately USD 12.6 billion, includes plans to build a bauxite processing facility, an aluminum smelting plant, and a wind power plant.

The project is expected to enhance Kazakhstan’s industrial capacity while also strengthening production and export potential in the region.

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