Kazakhstan

The US has put its money on Kazakhstan: 5 Geopolitical Effects You Need to Know

1. The US and Kazakhstan’s growing trade partnership The US and Kazakhstan have had a boost of trade cooperation in recent years as confirmed by a report of a recent meeting between US and Kazakh representatives. “The USA is one of the largest investors in the economy of Kazakhstan. Between 2005 and 2018, the gross inflow of direct investment from the United States to Kazakhstan amounted to $40 billion. Last year, the US investment in Kazakhstan set a new absolute record, reaching $5.3 billion. In January-June 2019, trade between the two countries amounted to $1.1 billion, which is 31.8 per cent higher than in the same period last year,” the statement said. This shows the widening possibilities of growth of bilateral relations as both countries are reaping the benefits of trade cooperation. 2. The US investing in Kazakh economy The US has placed its trust on the stability of the growth of the Kazakh economy and its increasing opportunities, and is hence investing a lot of money, as shown by the figures in point 1. The influx of US investment in the Kazakh economy increased by 44.7% and set a new absolute record, reaching a level of $ 5.3 billion in 2018, the head of the Kazakh Cabinet of Ministers, Askar Mamin, said on 23 July. This shows the extent of the US’s investment in the nation, being higher than ever, showing that Kazakhstan has become an economic beacon in the region for the US. Subscribe to unlock the other 3 Points We wish we didn't have to do this, but only paid subscribers can read the full article, Unlike other publishers, we are not the beneficiaries of State funds and are entirely dependent on our supporters to keep KJ Vids functioning. Please subscribe to read the rest of the article. The First 1,000 subscribers will receive a 50% lifetime discount to our content. - Access over 500 videos explaining global politics - Full access to all articles - Vote on future video topics - Secure Questions for Video Q&As Sign Up - https://www.kjreports.com/product/lifetimediscount/

21 Aug 2019