Kazakhstan, Republic of Korea aim to double bilateral trade

Kazakhstan, Republic of Korea aim to double bilateral trade


Double bilateral trade and expand the list of high-value-added export goods. President Kassym-Jomart Tokayev spoke about the priority areas for further bilateral cooperation during a meeting with Prime Minister of the Republic of Korea Han Seong-sook. The Head of State stressed that achieving these goals requires the development of a Comprehensive Program for Trade, Economic, and Investment Cooperation between the two countries for 2027–2030. In addition, the Head of State proposed developing a Roadmap for Industrial Cooperation, incorporating the most promising projects for localizing production and exporting products to third-country markets. For her part, the Prime Minister expressed readiness for Korean corporations to participate in the development of Alatau City. Later, Kassym-Jomart Tokayev and Han Seong-sook were presented with projects for a city of the future in Kazakhstan. The plans include introducing an urban air mobility system featuring drones and air taxis, establishing research centers and the K-Smart Town educational infrastructure, as well as deploying AI and digital modeling technologies with the participation of Korean companies.