In August 30, 2015 President Nursultan Nazarbayev paid an official visit to China to take part in the celebration of the 70th anniversary of the Victory in the Pacific Day. Apart from discussing current issues of mutual interest, the two leaders discussed new opportunities of bilateral trade.
As a result of low oil prices in the world markets, sanctions against Russia, depreciation of Russian ruble and devaluation in China, Kazakhstan has had to accept the floating exchange rate regime and to start implementation of a new monetary policy since August 20, 2015.
Kazakhstan is India’s largest trading partner among the Central Asian states. The cooperation on energy resources and trade of natural resources is an important component of the partnership between India and Kazakhstan.
The first news about the Asian Infrastructure Investment Bank (AIIB) have come up by October 2013.
The final meeting of the Working Group, which officially announced the completion of negotiations on Kazakhstan's accession to The World Trade Organization (WTO) was held on June 22, 2015 in Geneva.
Iran is the fourth oil-rich country (157 billion barrels of proven oil reserves) and the first natural gas-rich country (33.8 trillion cubic meters of proven natural gas reserves) in the world.
Nowadays, the world energy has entered a new phase of technological development. Combining horizontal drilling with multistage hydraulic fracturing and proppant injection made it possible to start the commercial production of such unconventional sources of hydrocarbons as shale gas.
On June 10-11, 2015, Astana hosted the 5th Congress of Leaders of World and Traditional Religions themed “The Dialogue of Religious Leaders and Politicians in the Name of Peace and Development”.
Issues concerning spatial development for many years were on the periphery of the economic policy agenda of Kazakhstan since its existence as an independent state.