News about Kazakhstan

Kazakhstan is seeking an alternative to freight routes through Russia and the Caspian Sea. A key project could be a rail corridor through Afghanistan, with the participation of Uzbekistan and the UAE.

The international rating agency Fitch Ratings has affirmed Kazakhstan’s sovereign credit rating at “BBB” with a “stable” outlook.

Iran has agreed to allocate land to Kazakhstan at the port on the Strait of Hormuz. Kazakhstan has agreed to provide Iran with infrastructure at its ports on the Caspian Sea.

Kazakhstan’s Parliament and Senate have approved legislative amendments granting sign language official status. Only this will provide firm legal guarantees for the use of sign language in schools, hospitals, courts, government agencies, and the media.

Agreement on investment in the construction of an ammonia-urea complex between the Ministry of Industry and Construction of Kazakhstan and KazAzot PRIME LLP. This facility will be the country’s first urea production plant.

The “Nova” Group, which owns the country’s largest private postal operator, is preparing to acquire a bank and may soon become the country’s first financial inclusion bank (FIB). Negotiations are currently in full swing and could be concluded by the end of the summer, according to Ekonomicheskaya Pravda.

The pattern of sown areas in the grain-growing regions of the country is changing. More and more agricultural producers are abandoning low-yielding cereals in favor of oilseeds and fodder crops. In 2026, sown areas in the country increased by almost 182 thousand hectares and amounted to more than 23.8 million hectares.

Agriculture and Food Minister Ludmila Catlabuga participated in the official launching ceremony of the Moldovan-Kazakh Business Council, held today in Chisinau.

Kazakhstan’s oil and fat industry is showing record growth rates and is becoming one of the key drivers of the country’s non-resource exports. According to the results of last year, the industry provided an inflow of 27% of all foreign currency proceeds from exports of processed agricultural products of Kazakhstan. In 2025, Kazakhstan ranked sixth in the world in sunflower oil exports. In the short term, Kazakh exporters hope to bring the country into the world TOP-5 exporters of this product – to the fourth place.

Kazakhstan has expressed readiness to accept Iran’s stockpile of uranium enriched to 60% if the US and Iran reach an agreement on the Islamic Republic’s nuclear program.

Integration processes within the Eurasian Economic Union (EAEU) are strengthening, which will allow mutual trade volumes to reach $100 billion in 2026.

Today, May 28 in Astana, President of Kazakhstan Kasym-Jomart Tokayev and Russian President Vladimir Putin, who arrived in Kazakhstan on a state visit, signed a joint statement “On the seven foundations of friendship and good-neighborliness of the peoples of Kazakhstan and Russia”.

Agriculture in Kazakhstan remains one of the most low-productive sectors of the country’s economy, despite years of investment and government support. The reason is the long payback period of agricultural projects.

In Kazakhstan will appear new digital products, including lending secured by cryptocurrency and cryptoinsurance. This was announced by Deputy Head of the National Bank Binur Zhalenov at the Solana Summit.

Kazakhstan fund “Samruk-Kazyna” took 22nd place in the list of 25 largest sovereign wealth funds in the world with assets of $88 billion.

In the Global Firepower ranking of military power in 2026, Kazakhstan dropped one position to 58th place, while Uzbekistan moved up to 53rd place and became the leader of the region.

The Government of Kazakhstan decided to prolong temporary restrictions on the export of gasoline, diesel fuel and other fuels and lubricants. The corresponding order was signed by the Minister of Energy of Kazakhstan. As follows from the document, “these measures are aimed at protecting the domestic market and preventing fuel shortages in the country”.

The Kazkrahmal plant is under construction in the Turkestan region of Kazakhstan, which will be the country’s first and Central Asia’s largest complex for deep processing of corn.

Kazakhstan is able to occupy a strategically important place in the global competition for mineral resources against the backdrop of the US-China standoff.

By the end of 2025, Kazakhstan recorded a net inflow of foreign direct investment (FDI), excluding reinvested earnings, of $0.6 billion – for the first time in seven years.