
NUR-SULTAN, September 3, 2019 — The Minister of Foreign Affairs of Kazakhstan, Beibut Atamkulov, received the Deputy Minister of Foreign Affairs of South Korea, Yoon Soon-gu.
At the meeting, the sides discussed the results of President of South Korea, Moon Jae-in’s, state visit to Kazakhstan this April, as well as Mr Atamkulov’s upcoming visit to Seoul this month.
The sides noted the importance of the strategic partnership between the two countries and the prospects for developing political, economic and social relations as well as in other areas of interaction.
The sides expressed satisfaction with the dynamics in the development of bilateral contacts and agreed to make efforts to successfully carry out bilateral and multilateral events planned before the end of the year.
In 2018, trade between Kazakhstan and South Korea exceeded $3.9 billion.
Kazakhstan’s investment into South Korea amounts to $3.86 billion, while Korean investment in Kazakhstan is $1.6 billion.
1081 legal entities, branch offices and representative offices with South Korean participation are registered in Kazakhstan, including 516 active companies such as Samsung, LG, SK Corporation, Hyundai and POSCO, in addition to construction companies such as Dong-Il Highville, Urim and Kukdong Console.