Doing Business in Kazakhstan

The objectives of the subject “International Trade and Business in the Republic of Kazakhstan” are the following:

1. To analyze the Kazakh Economy and Foreign Trade;
2. To know the business opportunities in the Republic of Kazakhstan;
3. To explore the Kazakh trade relations with the country of the student;
4. To know the Kazakh Trade Agreements;
5. To examine the profile of Kazakh companies;
6. To develop a business plan for the Kazakh market.

The Subject “Foreign Trade and Business in Kazakhstan” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: Islamic Business, Asian Business, World Trade.

Languages: ( Kazajastán Kazakhstan).

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

1. Almaty-Bishkek Corridor;
2. Eurasian Land Transport Initiative (Silk Road);
3. Corridor of the Ashgabat Agreement;
4. North-South Corridor (India-Russia);
5. Corridor Europe-Caucasus-Asia (TRACECA);
6. China-Central Asia-West Asia Corridor;
7. Trans-Caspian Corridor;
8. Access to the:
   1. China-Pakistan Economic Corridor;
   2. India-Chabahar (Iran)-Afghanistan Economic Corridor;
   3. Trans-Siberian Railway (Russia, Mongolia, China, North Korea);
   4. Islamabad-Tehran-Istanbul Rail and Road Corridor (ITI-ECO);
   5. Kyrgyzstan-Tajikistan-Afghanistan-Iran Transport Corridor (KTAI-ECO).

Kazakh preferential access and trade agreements:

1. Kazakhstan and the Central Eurasian Economic Area;
2. Eurasian Economic Union (EAEU);
3. Commonwealth of Independent States (CIS);
4. Economic Cooperation Organization (ECO);
5. Shanghai Cooperation Organization (SCO);
6. Central Asia Cooperation (CAREC);
7. Belarus-Kazakhstan-Russia-Ukraine Common Economic Space;
8. Free trade agreement between Russia, Belarus, and Kazakhstan;
9. Russia-Belarus-Kazakhstan Customs Union;
10. Eurasian Economic Union (EAEU)-Vietnam Free Trade Agreement;
11. Georgia-Kazakhstan Free Trade Agreement;
12. Ukraine-Kazakhstan Free Trade Agreement;
13. Armenia-Kazakhstan Free Trade Agreement;
14. Serbia-Kazakhstan Free Trade Agreement;
15. Kyrgyzstan-Kazakhstan Free Trade Agreement;
16. Collaboration and Cooperation Agreement with the European Union;
17. Iran-Pakistan-Turkey Transit Transport Framework Agreement (TTFA);
18. Cooperation Council of Turkic Speaking States;
19. Islamic Trade Preferential System.

1. WTO
   1. Agreement on Trade in Services (GATS);
   2. Agreement on the Application of Sanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Revised Kyoto Convention.
3. Convention on the Harmonization of Frontier Controls of Goods (UNECE);
4. Organization for Cooperation between Railways (OSJD);
5. International Bureau of Containers and Intermodal Transport (BIC);
6. Chicago Convention (ICAO);
7. IMO
8. Customs Convention on Containers;
9. Hamburg Rules;
10. International Road Transport Union (IRU)
    1. TIR Convention;
    2. Guidelines on Safe Load Securing for Road Transport.
11. Iran-Pakistan-Turkey Transit Transport Framework Agreement (TTFA).

Islamic Organizations. Kazakhstan is a member of...

1. Organization of Islamic Cooperation (OIC)
   1. Committee for Economic Cooperation (OIC-COMCEC);
   2. Islamic Chamber of Commerce and Industry (ICCI);
   3. Islamic Centre for Development of Trade;
   4. Statistical, Economic and Social Centre for Islamic Countries.
2. Islamic Development Bank;
3. Kazakhstan - Middle East (AMED);
4. Arab Development Funds.

Asian Trade and Economic Organizations:

1. ESCAP;
2. Asian Development Bank;
3. Asia Cooperation Dialogue;
4. Boao Forum for Asia;
5. Asia-Europe Meeting.

Global Organizations:

1. Kazakhstan is Beneficiary of the European Investment Bank;
2. UNECE;
3. Africa-Asia Partnership;
4. UN
   1. UNCTAD;
   2. ITC;
   3. WIPO.
5. WB;
6. WTO;
7. IMF.

Kazakhstan was a member of the Eurasian Economic Community (EurAsEC) - Succeeded by the Eurasian Economic Union (EAEU).

The Republic of Kazakhstan.

1. Kazakh population: 17.6 million people
   1. 63.6% are Kazakh.
2. Kazakh Area: 2,724,900 km² (the ninth largest country, two time zones);
3. Borders of Kazakhstan: China, Kyrgyzstan, Turkmenistan, and Uzbekistan;
4. Kazakhstan is a landlocked country;
5. Official language of Kazakhstan: Kazakh and Russian;
6. Kazakh Capital: Astana (835,153);
7. Largest city of Kazakhstan: Almaty (1,552,349);
8. Type of Government: Unitary dominant-party Presidential Republic;
9. Kazakh Independence: 1991 (URSS).

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 (Islamic Civilization).

1. Kazakhstan belongs to the Sunni - Turkic area of the Islamic Civilization.

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 the GDP;
   2. Services sector: 58% of the GDP.
6. Kazakh GDP per capita: 12.496 USD;
7. The main sectors of the Kazakh economy are mining and quarrying (33%), wholesale and trade, manufacturing industry, transportation, building, and agriculture;
8. Kazakhstan is near to 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. Kazakhstan is part of the Great Silk Way.

International Trade of Kazakhstan.

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

Agreement with Armenia

(c) EENI Global Business School (1995-2023)
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