Financial concept with banknotes of US currency around national flag of 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.

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