Trade, economic and investment cooperation
Kazakhstan exports: petroleum products, ferroalloys, aluminum, coal, rails, wheat, etc.
Georgia imports to Kazakhstan: wine, mineral water, soft carbonated drinks, wagons, pharmaceutical products, hazelnuts, tea, etc.
There are 248 legal entities, branches and representative offices with the participation of Georgian capital in Kazakhstan, while 123 legal entities, branches and representative offices with the participation of Kazakh capital operate in Georgia. They are mainly engaged in tourism, hotel business, logistics, real estate and construction.
In March 2021, the Kazakh-Georgian Economic Association was established, the purpose of which is to promote investment and trade and economic cooperation, the development of tourism and cultural and humanitarian relations between the two countries. The heads of the association were Kazakh and Georgian companies, such as JSC "People's Bank of Georgia", LLC "Rompetrol Georgia", LLC "Batumi Oil Terminal", JSC "Representative of AIR ASTANA in Georgia", LLC "Silk Road Group Holding", LLC "Capitol Group", LLC "GK Logistics".
The Intergovernmental Commission on Trade and Economic Cooperation is functioning. The Co–chairs are: on the Kazakh side, Minister of Transport M.Karabayev, on the Georgian side - Deputy Prime Minister, Minister of Economy and Sustainable Development L.Davitashvili.
Investment cooperation. The Batumi Oil Terminal (BNT acquired ownership of the Republic of Kazakhstan in 2008) and the Batumi Seaport (BMP – leased for 49 years since 2008).
The Kazakhstan transport and logistics investment group of companies PSK Holding has started construction of a container terminal in the port of Poti, commissioning is scheduled for 2024.
Rompetrol Georgia, owned by JSC NC KazMunayGas, has been operating in the Georgian market for more than 15 years. Currently, Rompetrol Georgia operates 80 filling stations in the country: 27 stations in Tbilisi, 30 stations in Western Georgia, 23 stations in Eastern Georgia, thus occupies about 25% of the total market for the sale of petroleum products in Georgia and is among the five largest taxpayers.
Halyk Bank Georgia, a subsidiary of Halyk Bank of Kazakhstan JSC, has been operating in the financial sector since 2008. Banking services are provided through eight branches, two of which are located in the regions of the country (Batumi and Kutaisi).
There is also a representative office of the Kazakh airline "Air Astana" in Georgia.
On the territory of the Republic of Kazakhstan, 2 projects have been implemented with the participation of Georgian companies: production of ferroalloys in the Karaganda region (Chiaturmanganum Georgia); production of agricultural machinery on the basis of Kazrost Engineering Ltd. in the Akmola region (Georgian Industrial Group).
Georgian company "GEORGIAN INDUSTRIAL GROUP Ltd" implements two projects in Kokshetau: (feed mill; assembly and production of tractors of various models).
Cooperation in the field of tourism
Kazakhstan is among the TOP 10 major countries in terms of the number of its tourists visiting Georgia. In 2022, 120,494 visitors from Kazakhstan visited this country (8th place, 80% growth).
During the tourist season (May-October), up to 35 direct flights are operated from five cities of Kazakhstan (Astana, Almaty, Shymkent, Atyrau, Aktau) to three cities of Georgia (Tbilisi, Kutaisi, Batumi).