Kazakhstan is the 9th largest country in the world. It borders Russia, China, Kyrgyzstan, Turkmenistan and Uzbekistan.

Kazakhstan has enjoyed political, social and economic stability since its independence in 1989. It is a member of the Organisation for Security and Co-operation in Europe, the World Trade Organisation, the United Nations, the Russia-Kazakhstan-Belarus Customs Union, and the Eurasian Economic Union.

Kazakhstan is blessed with abundant natural resources, being a global lead in uranium, zinc, tungsten and barite, second in silver, lead and chromites, third in copper and fluorite, fourth in molybdenum and fifth in gold. Kazakhstan also enjoys vast reserves of oil and gas.

Economy

Kazakhstan has a unique mineral resource base. The World Bank estimates that there are over 5000 unexplored deposits still present in Kazakhstan, valued at over 46 trillion dollars. Kazakhstan is first in the world in explored reserves of zinc, tungsten and barite, second in silver, lead and chromite, third in copper and fluorite, fourth in molybdenum and sixth in gold.

Kazakhstan has also significant oil and gas resources. The country is ranked ninth globally in proven oil reserves that are concentrated in the western regions. In addition, Kazakhstan is eighth in the world in coal and second in uranium reserves. Kazakhstan is also among the global top ten exporters of grain and one of the leading exporter of flour.

Exported goods are predominantly produced by the mining, fuel, power, metallurgical, chemical and grain industries. The main trade partners are Russia and other CIS countries, China and Europe.

Carbon Neutrality

Kazakh President Kassym-Jomart Tokayev announced in December 2020 that Kazakhstan will reach carbon neutrality by 2060 as part of the nation’s strengthened national climate plan. Kazakhstan is making climate change adaptation a legal norm in the new environmental code for sectoral and regional policy.