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Cooperation in trade, economic and investment spheres
According to the Bureau of National Statistics of the Republic of Kazakhstan, trade turnover between the two countries in 2023 amounted to $9.9 million (exports - $5.6 million, imports - $4.3 million), for 2022 it amounted to 6.6428 million US dollars (exports - 5.921 million dollars, imports - 1.079 million dollars), for 2021 - 6 million 339.6 thousand US dollars (exports - 5 million 921 thousand dollars. , import - 418.6 thousand dollars), for 2020 - 8.55 million US dollars (export - 5.75 million, import - 2.8 million), for 2019 - 1, 99 million dollars (exports - 1.89 million, imports - 97 thousand), and for 2018 - 429 thousand dollars (exports - 194.9 thousand, imports - 234 thousand).
An important mechanism for the development of bilateral cooperation is the Kazakh-Qatari high-level joint commission. The Kazakhstan part of the Commission is headed by the Deputy Prime Minister of the Republic of Kazakhstan S. Zhumangarin, and the Qatar part is headed by the Minister of Trade and Industry Sheikh Mohammed Al Thani. Six meetings of the Commission were held (in Doha - June 2000, October 2015 and October 2023; in Astana - May 2001, October 2009, February 2020).
According to the National Bank of the Republic of Kazakhstan, the volume of foreign direct investment from Qatar to the Republic of Kazakhstan amounts to 75.9 million US dollars. 3 legal entities associated with Qatari capital are registered on the territory of Kazakhstan, of which 2 legal entities are active.
Events in the trade, economic and investment sphere
On February 14, 2024, the President of the Republic of Kazakhstan K.K. Tokayev took part in the Kazakh-Qatari investment roundtable as part of his state visit to Qatar.
The roundtable was addressed by Sheikh Mohammed bin Hamad bin Qassim Al Thani, Qatar's Minister of Commerce and Industry, Sheikh Faisal bin Qassim Al Thani, Chairman of Qatari Businessmen Association, Sheikh Khalifa bin Jassim bin Mohammed Al Thani, Chairman of Qatar Chamber of Commerce and Industry, Khalid Mohammed Jolo, CEO of Nebras Power, Ali Hilal Al-Kuwari, CEO of Hassad Food, Sheikh Mohammed bin Hamad Al-Thani, Qatar Free Zone CEO, and others.
Following the results of the round table a number of documents were signed between business circles of Kazakhstan and Qatar.
On October 3, 2023, a business forum was held in Doha with the participation of large businesses from the two countries. The total number of delegates was more than 150 people.
On June 8, 2023, as part of the working visit to Kazakhstan of the Emir of Qatar, Sheikh T. Al-Thani, a round table was held in Astana with the participation of the management of the top 10 large companies in Qatar, as a result of which the parties signed 5 documents totaling more than $500 million.
On October 13, 2022, as part of the state visit to Kazakhstan of the Emir of Qatar, Sheikh T. Al-Thani, the Kazakh-Qatari Investment Forum was held in Astana. Representatives of large businesses from the two countries took part in the high-level event. The total number of delegates was more than 200 people. On the sidelines of the Investment Forum, a ceremony was held to sign 13 bilateral documents totaling more than $625 million.
On March 27, 2022, as part of a visit to Doha, Deputy Prime Minister - Minister of Foreign Affairs of the Republic of Kazakhstan M. Tileuberdi held a number of meetings with the heads of government agencies, the "Qatar Investment Authority", "Power International Holding", the Qatar Businessmen Association, "Faisal Holding" with the aim of discussing the creation of a joint investment fund and the implementation of a number of large investment projects in the mining industry, agriculture, medicine and tourism.
On December 8, 2021, as part of the fourth annual round table on global investments, the Kazakhstan Global Investment Roundtable (KGIR-2021), a trilateral memorandum on the construction of a milk processing plant in the Almaty region was signed between Kazakh Invest, the agricultural holding Dinara Group and the Qatari company Baladna.
On November 19, 2021, a direct flight of Qatar Airways was launched on the Doha – Almaty route. On November 20-21 in Doha, the parties agreed on a draft intergovernmental Agreement on Air Services and the further expansion of air services between the two countries.
On October 5, 2021, the leading Qatari IT company Snoonu officially opened the Center for Innovation and Technological Development in the international technology park Astana Hub. Snoonu became the first Arab information technology company to register its representative office in Astana.
On August 22, 2021, the first meeting of the Kazakh-Qatari Business Council was held in Doha, chaired by the head of Samruk-Kazyna National Welfare Fund JSC A. Satkaliyev and the First Deputy Head of the Chamber of Commerce and Industry of the State Corporation M. Al-Kawari with the participation of the heads of large private companies of the Republic of Kazakhstan and GK.
On August 22-23, 2021, a delegation led by First Deputy Prime Minister of the Republic of Kazakhstan A.A.Smailov visited Doha. The head of the delegation was received by the Emir of Qatar. Negotiations were also held with the Deputy Prime Minister - Minister of Foreign Affairs, the ministers of municipality and environmental protection, trade and industry, as well as with the heads of Qatar Airways, the national investment fund Qatar Investment Authority and the companies Hassad Food, "Qatari Diar, Qatar Mining, Al Fardan Group and Baladna. During the meetings, specific investment projects in the mining and metallurgical industry, agriculture, banking sector and tourism were presented to the Qatari side.
During the period from October 31 to November 3, 2020, a delegation led by the Deputy Head of the Administration of the Republic of Kazakhstan T. Suleimenov and the Minister of Ecology, Geology and Natural Resources M. Mirzagaliyev visited Doha on a working visit. Meetings were held with the Emir of Qatar, the Deputy Prime Minister - Minister of State of Defense, the ministers of industry and trade, municipality and environmental protection, the heads of the Qatar Investment Fund, the Central Bank and key Qatari banks, as well as the national companies “Qatar Mining”, “Qatari Diar”, “ Hassad Food" and private investors.
On December 1-3, 2019, a delegation of heads of financial, banking and investment structures headed by the Chairman of the Central Bank A. Al-Thani visited the Republic of Kazakhstan, which was received by President K. K. Tokayev, Prime Minister A. Mamin and the Governor of the AIFC K Kelimbetov, Chairman of the Board of the Samruk-Kazyna National Welfare Fund A. Yesimov and Minister of Industry B. Atamkulov. The parties discussed projects of financial and investment cooperation, including the opening of banks and the creation of joint investment funds.
On November 26-28, 2019, a delegation led by the Deputy Head of the Administration of the Republic of Kazakhstan T. Suleimenov visited Doha for the purpose of holding negotiations with the Head of the Administration of the Emir of the State of Qatar, the Deputy Prime Minister - Minister of Foreign Affairs, the Chairman of the Central Bank and large quasi-state organizations ("Qatar Foundation", “Qatar Investment Authority”, etc.) on the development of political, trade, economic, and investment relations.
On November 7-8, 2019, a Memorandum was signed in Doha on the operation of regular 7 flights per week between Astana and Doha, 7 flights per week between Almaty and Doha, as well as 7 cargo flights per week. Based on the results of the 6th meeting of the IPC, from October 2023, the number of flights was increased to 14 flights per week. Also, starting from November 2023, Kazakh airlines Air Astana and FlyArystan launched direct charter flights from 5 cities of the Republic of Kazakhstan (Astana, Almaty, Shymkent, Aktobe and Aktau) to Doha.
On October 14-15, 2019 in Astana, a business delegation led by the President of the Regency group company I. Al-Asmakh was received by the President of the Republic of Kazakhstan K.K. Tokayev and held meetings with the leadership of the Ministry of Foreign Affairs, MIID, Kazakh Invest, AIFC , within the framework of which it outlined projects for the construction and operation of schools and hospitals in large cities of the Republic of Kazakhstan.
On September 22-23, 2019 the delegation of "Tau-Ken Samruk" visited Doha and held negotiations on the development of mineral deposits with the management of the company "Qatar Mining", the Qatar Investment Authority and the holding "Alfardan".
On April 1-3, 2019. the delegation of the Qatari state company "Qatar Mining" paid a visit to Astana and held meetings with the leadership of the Ministry of Foreign Affairs, Ministry of Industry, "Samruk-Kazyna", "Tau-Ken Samruk", AIFC, "Kazakh Invest".
On January 18, 2019 the first cargo flight of "Qatar Airways" airline Doha - Almaty - Hong Kong - Doha started.