Kazakhstan's Prime Minister Bektenov announced a US$52 billion non-resource export target by 2030, emphasizing transport corridors, digital transformation, and trade expansion to diversify the economy beyond resource dependence and strengthen Central Asia's economic position.
Olzhas Bektenov
Escalating US-Iran conflict paralyzes traditional Middle Eastern trade routes, causing Trans-Caspian corridor demand through Azerbaijan to surge 450-500 percent as shippers seek sanctions-free alternatives between China and Europe.
Indonesia and Kazakhstan agreed to strengthen trade, investment, and energy partnerships, with focus on renewable energy transition, digital economy growth targeting $200 billion by 2030, and leveraging Kazakhstan's strategic position for regional connectivity and market access.
Olzhas Bektenov announced the Turkic Investment Fund will start operating soon. The fund aims to promote economic cooperation among Turkic countries.
Kazakhstan's government, led by President Tokayev, is implementing a state-directed AI strategy through its 2024-2029 concept to achieve regional digital dominance, positioning artificial intelligence as critical for economic modernization and escaping the middle-income trap.
