Astana (TDI): The trade volume between Kazakhstan and the United States reached 3.3 billion dollars in January-September 2024, a record figure for the last four years.
This was stated at the round table held in the U.S. Chamber of Commerce with the participation of heads of American companies and U.S.-Kazakhstan Business Council members on the results of joint work over the past year.
The meeting stressed on strengthening investment relations in logistics, infrastructure, agriculture, information technology, and energy.
Kazakh Ambassador to the US, Yerzhan Ashikbayev, emphasized investment opportunities in the country, highlighting tax incentives and digitalized tax administration to enhance transparency.
He underlined fruitful high-level mutual tours, US trade missions to Kazakhstan and the establishment of new dialogue platforms such as B5+1.
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Ashikbayev highlighted Kazakhstan’s growing fintech ecosystem, stressing the country’s leadership in digital transformation and non-cash financial transactions.
Senior Vice President of International Member Relations at the US Chamber of Commerce on programs in the Middle East, Türkiye and Central Asia, Khush Choksy, emphasized the interest in developing trade ties and promoting U.S. investments in Kazakhstan.
Choksy said that he would be optimistic about the new US government in 2025.
Choksy emphasized the need for the US business community to establish “permanent normal trade ties” with Kazakhstan, calling it long overdue.
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US company representatives acknowledged Kazakhstan’s role as a stabilizer and its transport and logistics strength in the Middle Corridor.
As an important milestone in bilateral ties, they mentioned the expected launch of direct flights between the United States and Kazakhstan, which will give impetus to strengthening economic and cultural exchanges between the nations.
