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00:34Welcome to East-West Connect, we highlight business and investment opportunities in Kazakhstan and across Central Asia, connecting the region
00:41with Europe and beyond.
00:43China remained Kazakhstan's largest trading partner in the first half of the year, followed by Russia, with Italy in third
00:50place, followed by Turkey, France, Uzbekistan, the Netherlands, Germany, the United States and South Korea.
00:57Imports topped 27 billion euro, up over 5%, driven by demand for natural gas, power generation equipment, other railway locomotives,
01:07gold, uranium, petroleum products and machinery.
01:10The government is taking steps to make Kazakhstan more attractive to investors.
01:15Over the past four years, Kazakhstan has signed 62 investment agreements, worth around 32 billion euro.
01:22These can provide up to 25 years of legislative stability for projects worth more than around 52 million euro.
01:29In 2025, Kazakhstan signed a further 173 investment contracts, worth around 2.6 billion euro.
01:36Qualifying projects may benefit from tax incentives, exemptions from import customs duties on equipments and components and in-kind state
01:45grants.
01:45To discuss the biggest investment opportunities created by this growing domestic demand, we're joined by Nurlan Kulbatyrov, Deputy General Director
01:54of Kastrade.
01:57Mr. Kulbatyrov, welcome.
02:00Kazakhstan's exports are growing faster than imports, with foreign trade reaching nearly 62 billion euro.
02:05What does this tell us about the next stage of Kazakhstan's economic development?
02:09Mr. Kulbatyrov, welcome.
02:40We see a good dynamic growth of these goods.
02:45I think it's a good tendency for the growth of the economy and in general for the trade.
02:49Which industries are best positioned for import substitution and where do you see the strongest opportunities for foreign investors?
02:55In general, we could develop an import on three blocks.
02:58It's the traditional goods, the investment, the traditional goods, the traditional goods.
03:05Where we import the goods.
03:07It may be for the production of the country.
03:10I would like to mention that there is a great potential for the economy.
03:14o el sector de infraestructura거al, la industria de Ahropolewnipad,
03:18y la capitalización bioendipatible de agroaliza.
03:21Estas tres gol naturally describe.
03:24También se podrían decir también sí como entному y la teología comercial,
03:27y hay mucho potencial para alcaldaristas también para ejemplo localización,
03:34y también para producir esos productos.
03:44Cuando mencionamos el alcance de transport, lo que parece que el crecimiento de su crecimiento de la economía,
03:50lo que es también lo que su上面.
03:54Este üen muy buenos resultados en los рынcos.
03:57También quiero señalar, que el crecimiento de su crecimiento en Turcia,
04:01en los weeks de crecimiento en las muestras, en la Francia, en el Uzbekistán.
04:06Y creo que los crecimiento de los productos en los comercios de la economía,
04:09más que otros países las entienden más.
04:13Mr. Kubetorov, thank you.
04:15Thank you.
04:17The opportunity goes beyond the domestic market.
04:20Kazakhstan is also looking to expand its export base.
04:23Shipments have reached around 35 billion euro in the first half of the year, up 8.6% year-on
04:30-year.
04:30Crude oil remained Kazakhstan's largest export despite lower shipments than a year earlier,
04:36followed by copper and copper products, uranium, ferroalloys and wheat.
04:40Energy and metals continue to dominate Kazakhstan's export basket,
04:45but non-resource exports are gradually gaining ground.
04:48Animal feed exports surged nearly 80%, while sunflower oil exports increased by 57%.
04:55Kazakhstan is already a major global supplier of sunflower oil
04:59and is among the top three suppliers of sunflower meal to the European Union.
05:04So what's driving this growth in Kazakhstan's oil seed exports,
05:07and where are the next opportunities for investors?
05:09Joining us now is Yudhikar Ibrahimov,
05:11Chairman of the National Oil Seed Processors Association of Kazakhstan.
05:17Mr. Ibrahimov, welcome.
05:18Thank you.
05:19Kazakhstan aims to increase exports of fats and oils to around 1.3 billion euro by 2028,
05:26around 60% above current levels.
05:29What's behind this rapid growth?
05:32This is a constant transformation of
06:02Quiero llevar este indicador a 2-3 años a 1,5 mld de dólares en Estados Unidos.
06:06Es decir, es lo que realmente es posible desde el lado de la parte de los Estados Unidos.
06:10¿Qué beneficios del país tiene en el procesamiento de oliva?
06:34¿Qué beneficios del país tiene en la parte de los Estados Unidos?
07:03¿Qué beneficios del país tiene en la parte de los Estados Unidos?
07:35¿Qué beneficios del país tiene en la parte de los Estados Unidos?
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