Business in Kazakhstan

EENI- School of International Business

Subject (Course): International Trade and Doing Business in Kazakhstan. Astana. Syllabus:

  1. Introduction to the Republic of Kazakhstan (Central Asia)
  2. Kazakh Economy
  3. Economic Profile of the regions of Kazakhstan
  4. Doing Business in Almaty and Astana
  5. Foreign Trade of Kazakhstan
  6. Economic Integration with Russia and Belarus
  7. Special Economic Zones in Kazakhstan
  8. Foreign Direct Investment (FDI) in Kazakhstan
  9. Business Opportunities
    1. Petrol sector
    2. Metal Sector
    3. Food and Agriculture Sector
  10. Case Study: KazMunayGasm KEGOC
  11. Access to the Kazakh market
  12. Business Plan for Kazakhstan

Objectives of the subject “Foreign Trade and Doing Business in the Republic of Kazakhstan”:

  1. To analyse the Kazakh economy and foreign trade
  2. To evaluate business opportunities in the Republic of Kazakhstan
  3. To explore Kazakhstan's trade relations with the student's country
  4. To know Kazakhstan's Free Trade Agreements (FTAs)
  5. To examine the profile of Kazakh companies
  6. To develop a business plan for the Kazakh market
Subject “Doing Business in Kazakhstan” is studied...
  1. Professional Masters (e-learning): International Business, Asia, Pacific, Muslims Countries, and Emerging Markets
  2. Doctorates: Islamic Countries, Asia
  3. Diploma: Central Eurasia

Master in International Business for Kazakh students.

Course learning materials in English (Spanish Kazakhstan French Kazakhstan)

  1. Credits of the subject “Foreign Trade and Doing Business in Kazakhstan”: 1 ECTS Credits
  2. Duration: one week

Sample of the subject - Foreign Trade and Doing Business in Kazakhstan:
Doing Business in Kazakhstan

Subject Description (Doing Business in Kazakhstan).

The Republic of Kazakhstan.

  1. Kazakh population: 17,6 millions of people
  2. 63.6% are Kazakh
  3. Area: 2,724,900 square kilometres (the ninth largest country, two time zones)
  4. Borders of Kazakhstan: China, Kyrgyzstan, Russia, Turkmenistan, and Uzbekistan
  5. Kazakhstan is a landlocked country
  6. The official language: Kazakh and Russian.
  7. Capital: Astana (835,153)
  8. The largest city of Kazakhstan: Almaty (1,552,349)
  9. Type of Government: Unitary dominant-party Presidential Republic
  10. Independence: 1991 (URSS)
  11. Kazakhstan belongs to the Sunni - Turkic area of the Islamic Civilisation.

The main religions in Kazakhstan:

  1. Sunni Islam (70% of the Kazakh, Hanafi school)
  2. Orthodox Christianity (26%)

Kazakhstan belongs to the Central Eurasian Economic Area of the Islamic Civilisation.

Kazakh Economy.

  1. Kazakhstan is a Frontier Market
  2. Petrol and gas areas: 72% of Kazakhstan
  3. 3% of the total petroleum reserve in the World
  4. Kazakhstan is a Middle-income country (WB)
  5. Kazakh GDP: 225.619 billion USD
    1. Manufacturing: 35% of GDP
    2. Service sector: 58% of GDP
  6. Kazakh GDP per capita: 12.496 USD
  7. The main sectors of the economy: mining and quarrying (33%), wholesale and trade, manufacturing industry, transport, building, and agriculture
  8. Near three BRICS Countries (Russia, China, and India)
  9. EXPO-2017 in Astana
  10. Ranking in the Ease of Doing Business (WB): 41
  11. Investor protection
  12. Kazakh Currency: Tenge
  13. Part of the Great Silk Way

Kazakhstan GAS KazMunayGasm

Foreign Trade of Kazakhstan.

  1. The main Kazakh exports are petroleum, other mineral resources, and raw materials
  2. The main export markets are Italy, the Netherlands, China, Russia, Switzerland, and France
  3. The main Kazakh providers are Russia, China, Germany, the United States, and Italy
  4. The largest investors are the Netherlands, the United States, Switzerland, China, and France
  5. Customs union with Russia and Belarus since 2010
  6. Common Economic Space (Russia, Belarus, and Kazakhstan) was set-up in 2012
  7. Eurasian Economic Union (Kazakhstan, Russia, and Belarus) in 2014
  8. In 2015, Kazakhstan joined the World Trade Organisation (WTO)

Central Asia Economic Cooperation

Kazakhstan's preferential access and trade agreements

  1. Free Trade Agreements (FTA) with Armenia and Georgia
  2. Free trade agreement between Russia, Belarus, and Kazakhstan
  3. Serbia-Kazakhstan Free Trade Agreement (FTA)
  4. Commonwealth of Independent States (CIS)
  5. Economic Cooperation Organisation (ECO)
  6. Shanghai Cooperation Organisation (SCO)
  7. Central Asia Regional Economic Cooperation (CAREC) Programme
  8. Eurasian Economic Community (EurAsEc)
  9. Eurasian Economic Union (EEU)

Community of Independent States CIS

Agreement with Armenia
Armenia-Kazakhstan Free Trade Agreement

Eurasian Economic Union

Kazakhstan is a member of...

  1. Cooperation Council of Turkic Speaking States
  2. Organisation of Islamic Cooperation (OIC)
  3. Islamic Development Bank
  4. World Customs Organisation
  5. Economic Social Commission Asia-Pacific (ESCAP)
  6. Asian Development Bank (ADB)
  7. Asia Cooperation Dialogue (ACD)
  8. Boao Forum for Asia
  9. Kazakhstan - Middle East (AMED)
  10. Beneficiary of the European Investment Bank
  11. Economic Commission Europe (UNECE)
  12. Africa-Asia Strategic Partnership (NAASP)

Eurasian Economic Community

Economic Cooperation Organisation (ECO)



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