INVESTMENT PORTAL
OF RUSSIAN REGIONS
0%
LOADING DATA
Russia and Kazakhstan – drivers of regional development

Research

OPEN PDF

Russia and Kazakhstan – drivers of regional development

Release date: 15 June 2022

Topics:

EAEU

SCO

Foreign direct investment

The study of the Roscongress Foundation presents the main areas of cooperation between the Russian Federation and the Republic of Kazakhstan in the field of economy, humanitarian interaction and in the geopolitical arena.

Economic cooperation between Russia and Kazakhstan is multi-vector, mutually beneficial and promising.

Russia ranks 4th in terms of FDI in Kazakhstan ($1.9 billion in 2021), while Kazakhstan accounts for the largest share of all Russia’s accumulated investments in the CIS countries ($11.2 billion). Among all directions of FDI in Kazakhstan, only Belarus is ahead of Russia, the volume of accumulated investments in Russia is about $1 billion. Active cooperation is also carried out in the aerospace industry, in the production of mineral fertilizers, mechanical engineering, metallurgy, logistics, etc. As a result, Kazakhstan is among the ten largest trading partners of Russia, ranking 8th in exports and 9th in imports. Russia, in turn, ranks 9th in imports from Kazakhstan and 1st in exports.

Russia and Kazakhstan are the key countries of Eurasian integration and play a decisive role in ensuring security in Central Asia and the Eurasian space as a whole.

Russia and Kazakhstan are active members of the EAEU, the CSTO and the SCO, participating in the development and security of a vast territory from the Indian to the Arctic Ocean, from the Pacific Ocean to the Atlantic Ocean. In the context of deglobalization and regionalization of the world economy, active interaction within the framework of integration structures with such countries as China, India, Pakistan, etc. can become the most important factor in ensuring secure long-term development based on the principles of mutual respect and mutual benefit.

The socio-cultural sphere in the interaction between Russia and Kazakhstan requires increased attention from both countries.

Kazakhstan confidently ranks first in terms of the number of its students in Russian universities. 4 out of 5 students studying abroad do it in Russia (for example, in 2020, more than 60,000 Kazakh school graduates entered Russian universities). Joint scientific research projects are being carried out by Russian and Kazakhstani specialists. There is active cooperation in the field of medicine and pharmaceuticals. However, over the time that has passed since the collapse of the USSR, the share of the Russian population in Kazakhstan has significantly decreased and the role of the Russian language as the language of interethnic communication has decreased. These circumstances create additional difficulties in the implementation of cooperation projects, and the potential of such cooperation is far from being achieved.


We also invite you to familiarize yourself with other materials posted in special sections of the Roscongress Information and Analytical System EAEU, SCO and Foreign direct investmentdedicated to topical issues of international cooperation.

All analytics

Analytics on the topic

All analytical materials
Voluntary National Review of the 2030 Agenda for Sustainable Development implementation

16 July 2020

Voluntary National Review of the 2030 Agenda for Sustainable Development implementation

The review, prepared by the Analytical Center for the Government of the Russian Federation, reflects the country’s achievements in the economic, social and environmental spheres in all seventeen Sustainable Development Goals. The goals were...
READ
5G in Russia: Prospects, strategies for developing the standard and the networks

17 August 2018

5G in Russia: Prospects, strategies for developing the standard and the networks

This report by PwC covers multiple aspects of developing 5G in Russia, such as the impact of new generation telecommunications on innovative digital services, the impact of the characteristics of the new standard and the services on development strategies used...
READ
“You should worry when technology advances too fast”

15 June 2020

“You should worry when technology advances too fast”

Nassim Taleb, Distinguished Professor of Risk Engineering, Polytechnic Faculty, NYU is best known as the author of the famous black swan theory, a metaphor that describes rare and unlikely events that have significant consequences. By the...
READ
The Northern Sea Route: Boundaries and Opportunities

26 November 2021

The Northern Sea Route: Boundaries and Opportunities

Summary session «Northern Sea Route — Bounds and Opportunities» within the framework of the Arctic Talent Acquisition Conference, which took place on November 15-16, 2021 in Arkhangelsk.
READ